The record gold price reflects a deeper problem than recent global instability
Guguart/Shutterstock The price of gold has risen to over US$5,000 (£3,662) an ounce for the first time ever,…
Spot gold retests $4,600/oz after U.S. existing-home sales rise 5.1% in December – KITCO
Spot gold retests $4,600/oz after U.S. existing-home sales rise 5.1% in December KITCOUrgent| New data: Sales of existing US…
US weekly jobless claims fall to three-year low – KITCO
US weekly jobless claims fall to three-year low KITCOUS filings for jobless benefits fall to 191,000, lowest since September…
World’s central banks are wary of AI and struggling to quit the dollar, survey shows
By Libby George LONDON (Reuters) –Artificial Intelligence is not a core part of operations at most of the…
IMF’s multimillion-ounce ‘hoard of gold’ could fund debt relief for African countries – G20 report – KITCO
IMF’s multimillion-ounce ‘hoard of gold’ could fund debt relief for African countries – G20 report KITCOAfrica expert panel proposes…
Exclusive-European officials consider pooling dollars to lessen Fed reliance after Trump shocks
By Elisa Martinuzzi, Balazs Koranyi, Stefania Spezzati, Mathieu Rosemain and Giuseppe Fonte (Reuters) -European financial stability officials are…
Iron ore price hits multi-month lows as China demand concerns linger
Iron ore touched multi-month lows on Monday amid concerns over demand in top consumer China and rising portside…
Britain’s Trump-inspired U-turn on crypto – POLITICO
That’s in stark contrast to the U.S., which passed its own stablecoin regulation — the GENIUS act —…
Farage’s deputy calls for fresh debate over Bank of England remit – POLITICO
He argued the BoE had “failed” under Conservative Liz Truss, who was forced out as prime minister after…
Rachel Reeves wants Brits investing — just as the City fears an AI bubble – POLITICO
“There is no doubt that the government would find it much harder to drive retail investment in a…
Russia’s central bank tries to prop up ailing economy with rate cut – POLITICO
It’s unusual for a central bank to lower its policy rate while revising its inflation outlook upward, since…
The Great Debasement Debate Is Rippling Across World Markets
(Bloomberg) — Beneath the surface of the short-term ups and downs of financial markets, a longer-term repricing of…