Why gold has lost its status as a haven from inflation and market chaos

  • 📰 calgaryherald
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 52%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Gold prices, along with gold mining stocks, are in free fall even though inflation is soaring. What gives? Find out more

, two exchange-traded funds indexed to the largest gold producers and explorers, respectively, are down 42 per cent and 40 per cent.Gold Forum Americas

Fahad wrote that markets are currently pricing in a 20-per-cent chance that the Fed raises interest rates by a full percentage point,A bearish mood seems to have infected the sector, with even the largest gold producers looking to diversify Meanwhile, a bearish mood seems to have infected the sector, with even the largest gold producers looking to diversify.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 64. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fed will 'collapse' gold price, stocks this week if they do this - Adrian DayAdrian Day, President of Adrian Day Asset Management discusses his outlook on Fed policy, gold, and the economy with David Lin, Anchor for Kitco News at the ... Fed jeromepowell markets economy money KitcoNewsNow coverage of the PreciousMetalsSummit is brought to you by NewcoreGold Tune in for more!
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Kinross Gold stock jumps as company promises to boost share buybacksKinross said it will repurchase $300\u002Dmillion worth of shares by the end of this year. Find out more.
Source: nationalpost - 🏆 10. / 80 Read more »