US labor market

Room for more upside in Gold amid geopolitical uncertainty

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Room for more upside in Gold amid geopolitical uncertainty

In October, Comex gold (December) surged by 3.4%, extending its winning streak to four consecutive months and reaching a record high of $2,801.80 per ounce. Meanwhile, in India, MCX gold hit an all-time high of Rs 79,775 per 10 grams, marking its third straight month of gains. This rally in gold has been driven by … Read more

Fed minutes show taper talk may arise at ‘upcoming meets’

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Fed minutes show taper talk may arise at ‘upcoming meets’

By Catarina Saraiva Federal Reserve officials were cautiously optimistic about the US economic recovery at the central bank’s April meeting, with some officials signaling they’d be open to discussing scaling back the central bank’s massive bond purchases “at some point.” “A number of participants suggested that if the economy continued to make rapid progress toward … Read more