News Formal

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

  • 📰 financialpost
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 85%

United States News News

United States United States Latest News,United States United States Headlines

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

, 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.

 

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

 /  🏆 7. in US

United States United States Latest News, United States United States Headlines

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

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 »

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: fpinvesting - 🏆 43. / 63 Read more »