Hemke warned of a looming recession, anticipating the Federal Reserve will be forced to aggressively cut interest rates.
Fed meeting looms large as gold hovers near $2,650 and silver tests $30 support. Investors brace for potential rate cut signals that could reshape precious metals market trajectory.
At the last FOMC meeting, gold soared after the Federal Reserve announced a half-point interest rate cut
$531B in Treasury Auctions settles today, spotlighting hidden risks in the dollar system. As bank reserves thin, central banks may face tough choices, affecting inflation and monetary metals.
Slight drops noticed in gold, silver after U.S. producer price index showed no increase in October
Gold prices surged on Thursday as investors increased bets on a Fed rate cut. The ongoing conflict in the Middle East and strong central bank demand also support gold's rise.
Precious metals market reaches higher as gold tops $2,600 following FOMC meeting
Bill Holter warns of a looming economic crisis. Derivatives pose a major risk, currencies could collapse, and precious metals are a safe haven.
Goldman releases note suggesting a 25-basis-point cut could present a buying opportunity with gold if prices pull back
Gold and silver hover around $2,570 and $30.60 as markets anticipate a 25 bps Fed rate cut, impacting both precious metals amid geopolitical tensions.