Last week, after news from the latest Federal Reserve meeting, gold surpassed $1,400 an ounce. See why gold is becoming the asset to keep an eye on in this week’s News to Know.
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Over the past few days, gold price reached a 5-year high. The latest Fed meeting, along with other factors in the economy could be setting the stage for a bull run.
The past week was good for gold prices as investors accepted that there will be no peaceful solution to the trade war. See why Bank of America Merrill Lynch’s analysts say gold could reach $1,400 in this week’s News to Know.
Four of the infamous FAANG companies became targets of an imminent antitrust probe. In one day $137 billion in market cap was wiped, and it looks like more damage could be on the horizon.
The House passed a bill known as the “SECURE Act” and is currently in the hands of Senate to pass. The retirement policy may sound good on the surface, but could turn out to be confusing and costly.
When assessing gold prices in real terms, the metal emerges as a solid performer with an average annual return of 5.9% in the last 50 years. See how it compares to the U.S. Dollar in this week’s News to Know.
Recently announced tariffs on Mexican goods have already begun to rattle markets. As the economy grows more uncertain people are moving towards safe haven assets, giving gold prices a boost.
Brandon Smith of Alt-Market.com highlights the current state of trade wars and discusses how it could develop into a world economic war.