Just 12,000 jobs added in October, the lowest on record since December 2020
Chris Powell, a veteran in the gold market, suggests that central banks are manipulating gold prices.
In a recent interview, renowned precious metals expert Adrian Day declared, "We are in the most bullish environment for gold imaginable."
$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.
Following a blockbuster Q3 earnings report from Newmont that highlighted rising costs amid record revenue, the World Gold Council released a report Monday on the trend of costs experienced by mining.
Cathie Wood said the divergence of base metal prices from gold could be pointing to signs of extreme economic weakness.
WGC reports a marked increase in gold demand over the past year, leading to a rise in prices.