Gold rises to new heights as anxiety grips markets. Here’s what you need to know
Amid widespread economic turmoil, the price of gold has soared to another record high. Gold futures surpassed the $3,000 per ...
Gold pops above $3,000/oz for first time in historic safe-haven rally
Gold broke through the key $3,000 barrier on Friday for the first time as investors piled on to a historic rally in the ...
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Repricing U.S. gold reserves would be bullish for the market, signaling the precious metal is not a ‘barbarous relic,’ analyst says
The Fed doesn't own gold anymore after transferring it to the Treasury Department under the Gold Reserve Act of 1934. In exchange, the Fed received gold certificates. The U.S. owns 261.6 million troy ...
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Why there’s now ‘incredible demand for physical gold’ in New York markets
A rush on physical gold, thanks to President Donald Trump’s tariff plans, has fueled a rise in prices of the precious metal to fresh record highs. There are many demand drivers in gold currently ...
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Gold Pares Gains as Bessent Plays Down Revaluing US Reserves
Gold pared gains after reaching a fresh record, as traders booked some profits after US Treasury Secretary Scott Bessent dismissed speculation that the government might revalue its bullion holdings.
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Gold Revaluation Risks ‘Messy’ Outcome for Fed, Wrightson Says
boosting liquidity and prolonging the Federal Reserve’s balance-sheet unwind, according to Wrightson ICAP. Treasury is allowed to pledge its holdings of physical gold to the Fed in exchange for ...