Gold fades after PCE keeps September Fed hike live - Kitco AM Report - KITCO
Source: KITCO
―
DW NOTE
The Fed hasn't hiked rates since July 2023. Core PCE runs at 2.7%, but the overnight rate sits at 3.65% — not exactly restrictive when gold is at $4,654 and the deficit runs at 6% of GDP. Markets that price September tightening into a sixth month of Hormuz disruption aren't pricing policy, they're pricing delusion.
World Bank sees a major risk in Zimbabwe’s currency plan - Townpress Newspaper
The United States has imposed sanctions on a Turkish investment bank and two subsidiaries, accusing them of helping Iran move oil revenue and providing access to the international financial system as Washington intensifies its campaign to squeeze Tehran. The US Treasury Department on September 4 des
Gold Is Only Insurance If You Can Reach It! -Vince Lanci - SilverTrade
‘Synchronised build-up of physical, futures, and options exposure’ to drive gold price higher - Société Générale - KITCO