Even with the recent drop, gold prices have moved up substantially over the past six months
, and for the third time since 2020, gold has climbed above, then retreated from, the US$2,000 per ounce level.The U.S. government appears to have a deal to raise the debt ceiling prior to the June 1 deadline. The markets did not expect a default, but foresaw that talks could have continued to the deadline, increasing investor interest in gold as the deadline approached.inverted, meaning short-term interest rates are higher than long-term interest rates.
Two- and 10-year treasury yields inverted in July, 2022, and the spread has widened in the past month . Gold prices tend to increase when there is an inversion in yield curves.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mechanical podium, playfully dubbed 'explodium,' aims to even B.C.'s political fieldThe mechanical podium moved up or down with the flick of a switch to suit the size of the person delivering remarks at a political event.
Read more »
Mechanical podium, playfully dubbed 'explodium,' aims to even B.C.'s political fieldWhen the taller-than-average premier took over in B.C., a height-adjustable podium, dubbed the explodium, was introduced for announcements.
Read more »
Mechanical podium, playfully dubbed 'explodium,' aims to even B.C.'s political fieldThe mechanical podium, which can go up or down to accommodate speakers of different heights, has been lauded for creating a more level playing field. But some are wondering whether there was really a problem.
Read more »
Mechanical podium, playfully dubbed 'explodium,' aims to even B.C.'s political fieldVICTORIA — It was a sizable British Columbia political issue that called for a one\u002Dsize\u002Dfits\u002Dall solution, says Premier David Eby, who at six foot seven inches…
Read more »
Bad news Blue Jays at it again in yet another sloppy loss to TwinsWhen it\u0027s going bad not even the booming bat of Bo Bichette can save the Blue Jays.
Read more »
Bad news Blue Jays at it again in yet another sloppy loss to TwinsWhen it\u0027s going bad not even the booming bat of Bo Bichette can save the Blue Jays.
Read more »