Markets

Spot gold price slides to $4,340/oz after August PPI rises 0.4%, core PPI rises 0.2% - KITCO

Source: KITCO

―

DW NOTE

The PPI uptick matters less than the scale: producer inflation is running at 5.51% annually while the Fed holds the policy rate at 3.65%. The gold selloff to $4,340 — now down 18.5% from January's peak — reflects a market pricing in nominal rate hikes that haven't happened and ignoring real rates that remain deeply negative.

Read the full story at KITCO →

IEA Sees No Credible Path Back to Pre-War Energy Markets, Paper Details Forms of mRNA Shedding

Today's Digest covers energy markets, Iran's reopening offer, UK warnings of Russian threats, mRNA shedding, FISA withholding, Microsoft buyouts, an AI-flawed court ruling, recruiting immigrant teachers, UK educational outcomes for whites, and advice to start prepping.

Bitcoin Price Rests Near $80,500 as Midterms, Fed Decision Loom

Bitcoin Magazine Bitcoin Price Rests Near $80,500 as Midterms, Fed Decision Loom Bitcoin price recovered from an early-morning low near $79,400 to trade around $80,500 on Tuesday, holding above $80,000 ahead of this week’s Fed decision and the November midterms. This post Bitcoin Price Rests Near $

Spot gold price slides to $4,340/oz after August PPI rises 0.4%, core PPI rises 0.2% - KITCO

Read more

IEA Sees No Credible Path Back to Pre-War Energy Markets, Paper Details Forms of mRNA Shedding

Bitcoin Price Rests Near $80,500 as Midterms, Fed Decision Loom

WATCH: Trump says Venezuela sent him 1 million barrels of oil as a 'gift' - PBS

Downside risks are building in gold, but prices still have a path to $5,000 - State Street’s Doshi - Kitco