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Gold Gains as Attack on Israel Bolsters Metal’s Haven Status

Gold prices are solidly higher in early U.S. trading Monday, following the surprise Hamas attack on Israel over the weekend. Safe-haven demand is featured as the world has just seen an unexpected major geopolitical shock that has traders and investors spooked. December gold was las up $18.40 at $1,863.40 and December silver was up $0.047 at $21.77. Asian and European stocks…

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U.S. Dollar ‘Collapse’—Shock $8 Trillion Predicted Fed Inflation Flip To Spark A ‘Critical’ Bitcoin, Ethereum, XRP And Crypto Price Boom To Rival Gold

The bitcoin price has lost around 60% since peaking at almost $70,000 per bitcoin in late 2021, wiping around $2 trillion from the price of ethereum, XRP and the rest of the crypto market—even as a BlackRock insider primes the market for a $17.7 trillion earthquake. Now, as the Federal Reserve grapples with a $33 trillion U.S.…

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Gold and Silver Latest Outlooks – Treading Water as US Jobs Report (NFP) Looms Large

The US dollar is drifting lower in early trade as US yields slip, but the greenback’s technical outlook remains bullish for now. All eyes now are on Friday’s US Jobs Report. Longer-dated US Treasury yields remain elevated but have given back a few basis points today after this week’s sharp rise. The supply/demand imbalance seen in longer-dated USTs…

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Commodities are struggling now, but the lack of supply will drive long-term prices higher, gold, copper and silver to shine

Rising bond yields and bullish momentum in the U.S. dollar continue to weigh on broad commodity prices; however, despite the lackluster price action, one investment bank says that emerging global economic trends mean investors should hold copper, gold and silver in their portfolio. In a recent interview with Kitco News, Robert Minter, director of ETF Investment Strategy at abrdn, said…

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