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Gold Price Hits 6-Month Dollar High on 2024 Recession and Fed Rate-Cut Forecasts

The gold price hit a 6-month high against a falling US Dollar on Tuesday, holding above $2000 for a 3rd session running as Western stock markets cut November s steep gains on less certainty over Fed interest-rate cuts ....

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Christine Lagarde: "The global economy is fragmenting into competing blocs"

"Europe will face a continuous decline in the working population" "As our societies age, we will need to implement new technologies so that we can produce more with fewer workers" ....

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Euro zone inflation could tick up in coming months, ECB president says

Christine Lagarde warned on Friday that quick disinflation may be ending soon and price growth could even accelerate in the near term as high energy prices get knocked out of year-on-year comparisons ....

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Gold Price -2.6% for Week, Crude -5% as US Fed, ECB and BoE Vow 'Higher for Longer'

The gold price ended Friday with its lowest weekly finish in 5 today, dropping as the European Central Bank joined the US Fed and the Bank of England in saying it s too early to start cutting interest rates ....

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