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Dr. Bawumia and his Economic Management Team have Damaged Ghana's Reputation with International Creditors and Institutions

Dr. Bawumia and his Economic Management Team have Damaged Ghana's Reputation with International Creditors and Institutions
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Gold Technical Analysis: Gold Is a Buy on Every Pullback

The gold price tested the resistance level of $2,009 per ounce, the highest level in five months, before retreating to $1,970. ....

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Gold Forecast: Market Continues to Cause Headaches Amid Cent

During the latest trading session on Thursday, the gold market found itself grappling with the impact of key decisions from both the Federal Reserve and the Eur ....

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Festive Book Week Starts Tomorrow in Győr

The 93rd edition of the Festive Book Week and the 21st Children's Book Days in Győr will feature a number of programs and presentations. ....

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Taper Tantrum Takes a Bite Out of Gold | Gold & Silver Investing Channel

Gold Blues as Silver Woos
February was a tough month for gold, which marked its worst monthly performance since November 2016. Spot gold fell $114/oz, or 6.15%, to close the month at $1,734/oz. Half of this decline came in the two final days of February, as bond selling spiked into near panic mode and triggered a multi-asset sell-off into month-end. Figure 1 shows how gold has been inversely correlated to bond yields.
February’s pullback occurred on the back of various developments. Rising energy prices and the markets’ view on U.S. government spending bolstered the reflation trade with a rally in broader equity markets. The U.S. dollar strengthened as markets priced in a swift economic recovery and as U.S. Treasury yields advanced to the highest level in a year, with the 30-year bond rising above 2% and the rapid move in the 10-year to over 1.5%, which we will discuss in more detail. Meanwhile, gold ETFs saw holdings decline towards the end of February. Silver prices ....

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