Tag: #dollar

Gold Breaks $5,000 an Ounce as Dollar Doubts and Geopolitics Fuel a New Rush to Safety

Gold tops $5,000 for the first time as a weaker dollar, falling real yields and geopolitical turmoil drive investors and central banks into bullion.

#gold, #dollar, #inflationhedge, #centralbanks, #federalreserve

Powell Says Subpoena Threat Targets Fed Independence; Markets Jolt as Gold Hits Record

Fed Chair Jerome Powell says a DOJ probe over a $2.5B HQ renovation is a pretext to pressure rate cuts, shaking markets and the dollar.

#federalreserve, #interestrates, #dollar, #gold, #justicedepartment