Investors are anticipating a 25-basis point rate cut by the Federal Reserve amidst mixed economic signals. Oil futures surged following OPEC+’s production cut delay and geopolitical tensions. Nvidia joined the Dow, reflecting its market significance despite challenges. Unemployment claims increased slightly, signaling stagnant job growth, while consumer sentiment improved slightly.
Gold and silver prices are higher, with silver sharply up, in early U.S. trading Tuesday. Bullish daily outside-market forces are working in favor of the bulls to start the trading week.
Gold’s record-setting rally may have captured the headlines this year, but it’s silver that’s running harder and faster as the precious metal benefits from robust financial and industrial demand.
Gold and other precious metals are increasingly becoming a mainstream choice for investors looking to diversify their portfolios and hedge against inflation.
Imagine that you’re in mid-flight on a passenger jet and the captain flies directly into a Category Five hurricane.
When an empire collapses, it dies slowly. Unless it comes to an end through conquest, it deteriorates in a series of sudden jolts.
Volatility should be expected to remain high as investors will be closely watching for hints on upcoming monetary policy direction.
It’s mentioned often how central banks are one of the pillars of support when it comes to gold prices. JP Morgan’s analysis recently said that global gold investment has reached the highest level since 2012, and it wasn’t that long ago that it would have been strange to find an active central banker talking about gold.
Geopolitical, economic, and environmental uncertainty can be expected to continue in the near term. Astute investors continue to seek out alternative investments for their portfolios to aid in diversifying them away from overexposure to any single asset class.
Geopolitical, economic, and environmental uncertainty can be expected to continue in the near term.
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