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PCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses

PCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses

On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption e...
Aug, 30, 2024
by Bitcoin News
U.S. Leading Economic Indicators Continue to Fall, No Longer Signal Recession

U.S. Leading Economic Indicators Continue to Fall, No Longer Signal Recession

The U.S. recession fears were partly responsible for the early August slide in stocks and cryptocurrencies.
Aug, 20, 2024
by CoinDesk
UBS Recommends Buying Gold Dips Amid Economic Uncertainty

UBS Recommends Buying Gold Dips Amid Economic Uncertainty

The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends purchasing gold...
Jun, 12, 2024
by Bitcoin News
BTC’s ‘Strange’ Session: Economic Data, Roaring Kitty Livestream Drive Market Fluctuations, Says QCP Capital

BTC’s ‘Strange’ Session: Economic Data, Roaring Kitty Livestream Drive Market Fluctuations, Says QCP Capital

Following bitcoin’s dip in price, QCP Capital highlighted a “doubly strange session” overnight, driven by unexpected economic data and a widely vie...
Jun, 08, 2024
by Bitcoin News
UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions

UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions

UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening U.S...
May, 25, 2024
by Bitcoin News