Ghana Lost $1.9 Billion on 2025 Gold Purchases, IMF Finds
Ghana's $1.9 billion loss on 2025 gold purchases, flagged by the IMF, highlights the dangers of sovereign gold buying when markets reverse.
Ghana's $1.9 billion loss on 2025 gold purchases, flagged by the IMF, highlights the dangers of sovereign gold buying when markets reverse.
The S&P 500 gave up early gains amid profit-taking as rate hike fears escalated, sparking a broad stock selloff and raising concerns…
Iran and Oman’s agreement on the Strait of Hormuz shipping route lessens immediate supply threat for global oil markets, though skepticism about…
Kashkari's hawkish call to hike rates now strengthens the dollar and yields, pressuring stocks and gold as markets recalibrate Fed tightening path.
Gold surged to six-week highs on Chinese demand, diverging from Bitcoin which stalled below $64,000 even as the S&P 500 hit a…
Federal Reserve hawk Schmid calls for further tightening to combat stubborn inflation, signaling a prolonged period of restrictive monetary policy that could…
Gold steadied and oil dropped after progress on Hormuz diplomacy trimmed Federal Reserve rate-hike expectations, sending the dollar lower and bond prices…
Asian equities and U.S. futures gain while crude oil prices decline amid hopes for a breakthrough in Hormuz Strait negotiations, reducing geopolitical…
U.S. Treasuries advanced, pushing yields lower, as falling crude oil prices dampened inflation expectations and trimmed market-implied odds of further Federal Reserve…
June JOLTS data shows US job openings edging down to 8.1 million amid steady layoffs, reinforcing bets on Fed rate cuts and…
Fed’s Paulson remarks on open-minded rate stance ease taper fears, buoy bonds and risk assets while weakening the dollar.
Canada’s trade account posted its fourth consecutive surplus, driven by a sharp increase in gold exports, highlighting the commodity’s role in buoying…