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As the November presidential election approaches, the economy shows complex and sometimes contradictory signals. While the job market continues to show signs of moderation, several major companies have announced new layoffs, with some citing the impact of AI.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold nears record highs as falling bond yields drive safe-haven demand. Analysts predict continued gains, with prices poised to break $2,685 soon.
Does physical gold still reign supreme or are you better off relying on an ETF? MB Commodity Corner founder Maleeha Bengali says that when it comes to gold, you can't beat going old school.
Gold prices have risen to a new record high, topping $2,680, which analysts attributed to movements in government bond markets. In short, inflation expectations on both sides of the Atlantic have eased this week, leading to rising expectations for interest rate cuts and therefore putting pressure on bond yields, which makes gold more attractive to some investors.
As gold tests $2,660, resistance at $2,676 may limit upside. Fed rate cut expectations add further complexity to market outlook.
As gold tests $2,660, resistance at $2,676 may limit upside. Fed rate cut expectations add further complexity to market outlook.
Sarah James, Cantor Fitzgerald, joins 'Fast Money' to talk how she is playing UnitedHealth's stock right now.