For decades, the 60/40 portfolio – a mix of 60% stocks and 40% bonds – has been the gold standard for balanced investing. The logic was simple: stocks provide growth, and bonds provide a stable hedge. But in today’s market, some prominent voices are questioning if this classic mix is still up to the task. […]
This has been an interesting year for gold and other markets, to say the least. The yellow metal began 2023 at less than $1,800 per ounce and is looking to finish the year well above $2,000 for a gain of over $200 per ounce on the year. This represents an annual gain of over 10% […]
The gold market is higher today as investors spend one of the final trading days of the year in buying mode. The yellow metal has seen some benefit from increasing hopes of Fed rate cuts in 2024 as well as the ongoing threat of inflation and two wars currently taking place. Bets on a March […]
The gold market rocketed higher on Wednesday, retaking the key $2,000 level as the Fed took a much more dovish tone following its latest meeting on monetary policy. The Fed not only signaled that it is done raising interest rates but also provided markets with strong clues it intends to start cutting rates in 2024. […]
A weaker US Dollar Index as well as a bullish chart posture are propelling the gold market higher on Monday as traders return from the Thanksgiving day holiday. Spot gold prices are firmly above the $2,000 level in mid-morning action and the cloud stay above this key level throughout the session. If the bulls can […]
The gold market is off of its highs of the session in mid-afternoon action Tuesday but is still above the key $2,000 per ounce level. The metal is now struggling to hold above this key level, however and could even finish below it at the end of the day. A failure by the bulls to […]
The gold market is having a quiet day on Wednesday as spot prices are lower by a dollar and change per ounce. The metal took a dip from levels seen earlier in the session after retail sales data came in better than expected. Not only did retail sales data for October beat expectations but the […]
The gold market is seeing a nice rebound on Thursday after some recent selling pressure. Spot gold prices are higher by $14.50 per ounce just after the close of the pit session. Bulls stepped in to buy the recent dip following some technical selling pressure, and friendly outside market postures in both the dollar and […]
The week ahead for gold may be an exciting one. Although the yellow metal is lower on Monday to begin the new trading week, numerous potential issues could drive the metal higher, and do so in a hurry. Following the recent run higher that gold has already seen, some pullback and consolidation are not only […]
The gold market is off to a slow start this week as the metal saw a slight decline on Monday. Spot gold is down a few bucks after the close of the day session, in what appeared to be a calmer, more quiet trade. The bulls seem to be taking a break today and could […]
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