Tag: price
Powell: 75 basis point rate hike won’t be normal The next 50 or 75 basis points may not show signs of a broad-based slowdown
Federal Reserve Chairman Jerome Powell holds a press conference after the Fed's rate-setting meeting on June 15. Powell said inflation led the Fed to raise...
The Federal Reserve raised its benchmark interest rate by 75 basis points to 1.50% to 1.75%
The United States Federal Open Market Committee (FOMC) released economic forecasts, 2022, 2023, 2024 end of the federal funds rate is expected to median 3.4%, 3.8%, 3.4%;The median GDP growth forecast for 2022, 2023 and 2024 is 1.7%, 1.7% and 1.9% respectively.The Fed is expected to start cutting rates in 2024.
What Is Foreign Exchange (Forex)?
Foreign Exchange (forex or FX) is the trading of one currency for another. For example, one can swap the U.S. dollar for the euro....
How to Predict Future Gold Prices
Much like for other commodities, predicting the future value of gold is difficult, and there’s a simple reason for this. Commodity markets are like auctions....
What Factors Affect the Price of Gold?
While gold is considered a low-risk commodity, its per-ounce price can fluctuate due to several key driving influences. Below, we outline the factors that...
Investing in Gold: Does It Stack Up?
Gold has a timeless allure — especially if you worry about stock market volatility, inflation, a decay of ordinary currency or the collapse of...
How Should Investors Value Gold?
investors of all kinds have always been lured by the king of metals, and even the most hardnosed of them know it holds extra...
How to Buy Gold？Gold Buying Guide
Gold pricing is based on a number of factors, including karat amount (called karatage), gram weight, design and craftsmanship. The karatage and gram weight...
GOLD PURITY CONVERSION CHART
NUMBER OF KARATS PARTS OF GOLD % OF GOLD PURITY FINENESS 8k 8/24 33.3 333 9k 9/24 37.5 375 10k 10/24 41.7 416/417 11k 11/24 45.8 458 12k 12/24 50.0 500 13k 13/24 54.1 541 14k 14/24 58.3 583/585 15k 15/24 62.5 625 16k 16/24 66.6 666 17k 17/24 70.8 708 18k 18/24 75.0 750 19k 19/24 79.1 791 20k 20/24 83.3 833 21k 21/24 87.5 875 22k 22/24 91.7 916/917 23k 23/24 95.8 958 24k 24/24 99.9 999 24K GOLD 24k gold is pure gold, meaning all 24 parts are pure gold without traces of any...
Why is gold valuable?
Much of gold's value comes from its scarcity. Research suggests that if you added up the world’s holdings of gold throughout all of history,...
WTI VS BRENT: WHAT ARE THE DIFFERENCES?
Two of the most commonly traded types of crude oil are WTI and Brent. It is worth understanding what the top differences between WTI and Brent...
Oil Climbs Back To Nearly $123
Bearish sentiments on oil demand coming from renewed COVID lockdowns in China that shaved $4 off oil prices early on Monday failed to maintain...