Fed, Gold and Dollar
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Experts say you may want to consider adding some gold to your portfolio despite today's high price tag. Here's why.
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Ray Dalio says gold, non-fiat currencies will be stronger stores of value as U.S. debt mounts
The veteran investor warned that all currencies risk losing their appeal as store of value, making gold and non-fiat currencies stronger repository of money.
Gold prices have enjoyed another leg higher in the past few weeks, gaining close to 9% in a month, thanks in part to hope for a dovish tilt in the Federal Reserve as it gets ready to reduce interest rates.
Current market conditions support another gold price surge, perhaps past $4,000 per ounce. Here's what to consider.
The price of gold today, as of 10:27 a.m. ET, was $3,662.92 per ounce. That’s up 0.60% in the past 24 hours. The lowest trading price within the last day: $3,588.12 per ounce. The highest gold spot price in the last 24 hours: $3,
Gold hits inflation-adjusted record above $3,610/oz as Bitcoin trades at $114,600, both benefiting from rate cut bets.
Gold offers a clear path to mid-tier production with strong Nevada assets, recent funding, and deep undervaluation. Find out why IAUX stock is a strong buy.
By Rajendra Jadhav and Brijesh Patel NEW DELHI (Reuters) -Supplies of used gold jewellery and coins, typically released when investors book profits, have been scarce in India, as many expect bullion prices to continue climbing even after reaching new highs almost every week.