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Page 59 - Whys News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Momentum Swings Towards Gold After PMI Data Disappoints

Gold will need another catalyst heading into 2022 after the Omicron variant proved it wasn't enough to resuscitate the precious metal's prices further.

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Federated Hermes Launches New Short-Duration Fixed Income ETFs

Federated Hermes has announced in a press release the launch of two new active transparent fixed income ETFs that focus on short duration.

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Gold Prices Face Downward Pressure as Market Fixates on Fed

All eyes in the capital markets are on the Federal Reserve and whether it continues to maintain hawkishness, a push for higher rates.

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If Property Prices Crash, Look to Gold

Consumer Price Inflation hit its highest levels since June of 1982 last month at 6.8%. Economists expect that inflation will continue to grow.

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Low Yields and Omicron Pushed Gold Higher 1% Last Week

The Omicron variant combined with low yields pushed investors away from bonds and into gold as the precious metal rose 1% higher last week.

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