Central banks and governments around the world have been implementing expansionary monetary policies, including quantitative easing and low-interest rate policies, to stimulate economic growth. These measures have led to concerns about potential inflationary pressures in the future, which could erode the purchasing power of fiat currencies. As a tangible asset with intrinsic value, gold has been considered a potential safeguard against inflation, as its price has historically tended to rise during times of inflationary pressures.
GoldSilver.com RSS Feeds
- Oil Stable as Markets Weigh Trump's Tariffs and Energy Plans January 22, 2025Oil markets held steady on Wednesday as traders assess multiple factors affecting global energy markets. President Trump's proposed tariffs - 10% on Chinese goods and 25% on Mexican and Canadian imports starting February 1 - have shifted market focus from Russian sanctions to potential trade policy impacts. Additionally, Trump's declaration of a national energy emergency […]
- Analysts: Trump's Trade Policy Could Push Gas Prices Higher January 22, 2025Despite President Trump's promises to lower gas prices, analysts predict prices could rise significantly due to seasonal factors and proposed tariffs. Seasonal factors, including refinery maintenance and summer-blend transition, could push prices up 25-75 cents per gallon by spring. Trump's proposed 25% tariffs on Canada and Mexico could further increase prices, especially in the Midwest, […]
- Gold Breaks Free: Technical Breakout Targets $2,800 January 22, 2025Gold has emerged from its December wedge pattern with strong bullish momentum following the U.S. presidential transition. The precious metal has decisively broken above significant resistance at $2,721, marking an end to its recent period of indecision and stagnation. Technical analysis, supported by MACD momentum indicators, suggests a healthy uptrend with $2,800 as the next […]
- Dollar Weakness Propels Gold Toward $2,800 Milestone January 22, 2025Gold prices are approaching record highs as markets react positively to President Trump's measured approach to tariffs in his first days in office. Despite campaign promises, Trump's first 24 hours in office have been marked by a more gradual approach to tariffs, with targeted threats rather than immediate universal implementation. This measured stance has weakened […]
- Mortgage Rates Break Six-Week Climb as Treasury Yields Ease January 22, 2025US mortgage rates experienced their first decline in six weeks, falling 7 basis points to 7.02%, according to the Mortgage Bankers Association's latest data. The decrease has helped sustain home purchase applications at their highest level in a year, with the purchase index rising 0.6%. The drop in rates mirrors falling Treasury yields, sparked by […]