If markets had learnt anything this week, it’s that the Fed has got more rate hikes in store as the US central bank battles against inflation that’s at a 40-year high.
At the start of this new trading week, spot gold has been dragged down to closer to the $1700 mark, although prices have trimmed losses at the time of writing.
What is a recession? And what it could mean for stocks, oil and gold.
Things are looking gloomy in the world.
The prices of goods and services are skyrocketing at a pace not seen in several decades, making it more expensive to go about our daily lives.
At the start of this new trading week, spot gold has been dragged down to closer to the $1700 mark, although prices have trimmed losses at the time of...
Gold XAUUSD Bullion Fed rate hikes Fed Chair Jerome Powell Jackson Hole inflation Recession US jobs report Nonfarm Payrolls