Bitcoin rose 1. 2% to $115,604.3 on September 12, showing a 4.9% increase for the week. Other cryptocurrencies, including Ether and XRP, also showed significant growth.
The US House of Representatives has approved an $892. 6 billion defense bill that includes a pay raise for service members. The document also includes bans that restrict the rights of transgender service members.
Global gold prices rose to a record level, exceeding $3650 per ounce. This happened amid expectations of a US Federal Reserve interest rate cut and increased demand for "safe-haven assets" due to political turmoil worldwide.
Oil prices rose after OPEC+'s decision to increase production less significantly and rumors of new sanctions against Russia. Brent and WTI rose to $66.37 and $62.58 per barrel, respectively.
The price of gold remains close to record highs due to weak US employment data. This fuels forecasts that the Fed may cut the key interest rate as early as this month.
Gold prices fell after an all-time high as traders took profits ahead of US data release. Spot price fell to $3538.56 per ounce, and COMEX futures fell to $3596.20.
Gold prices reached a record high of $3508. 54 per ounce due to uncertainty over Trump's tariffs and expectations of US interest rate cuts. Silver and platinum also rose, while the dollar fell to a five-week low.
Analysts at KIT Group warn Ukrainian investors against long-term hryvnia investments due to inflation and currency fluctuations. It is recommended to form a multi-currency portfolio and use short-term instruments.
Bitcoin fell to a two-month low due to significant sell-offs from inactive “whale” wallets and a decrease in ETF inflows. This also coincided with seasonal caution, as September historically sees a decline.
The price of gold rose to $3552 per ounce amid expectations of a Fed rate cut and demand for bullion as a safe haven. December futures jumped 1% to $3551.82 per ounce.
On August 29, the US Court of Appeals ruled that most tariffs imposed by Donald Trump were illegal. The decision allows the tariffs to remain in effect until October 14 for an appeal to the Supreme Court.
The average size of a mortgage for home purchase in the US reached $433,400, a two-month high. The total volume of mortgage applications decreased by 0.5%, while applications for home purchases increased by 2%.
Spot gold prices fell by 0. 5% to $3375.06 per ounce. This comes amid a rising dollar and concerns about the independence of the US central bank after Trump's threat.
Donald Trump's decision to dismiss Fed Governor Lisa Cook triggered a decline in the US bond market. Investors fear an undermining of trust in financial institutions and accelerating inflation.
The price of gold rose to a two-week high in Asian trading. This happened amid a fall in the dollar and a conflict between Donald Trump and the US Federal Reserve.
Oil prices rose sharply due to fears of disruptions in Russian oil supplies after hits on Russian territory. Expectations of lower interest rates in the US also positively affected global growth and fuel demand forecasts.
Bitcoin continues to fall, dropping to $112,943. 4. This comes amid reduced bets on interest rate cuts and a general deterioration in risk appetite.
Gold prices fell by 1. 8% for the week to $3340 per ounce. This is due to accelerating wholesale inflation in the US and expectations regarding interest rates.
Oil prices were little changed after falling earlier in trading. The US did not put further pressure on Russia to limit oil exports after the leaders' meeting.
US mortgage rates fell amid a weakening labor market, leading to an increase in demand for refinancing. The 30-year fixed-rate mortgage dropped to 6.67% as of August 8.
Gold prices are moderately rising after a fall, as investors await US inflation data. The spot price of gold rose by 0.1% to $3348.41 per ounce.
Bitcoin fell by 2. 8% to $118,630.4 on Tuesday, August 12, due to traders withdrawing funds from the market. This happened in anticipation of key inflation data from the US Consumer Price Index.
US gold futures hit a record high, exceeding $3534. 10, due to the imposition of tariffs on bullion imports. This caused a widening spread between futures and spot prices.
Gold prices are rising amid hopes for a Fed interest rate cut and Trump's statements about new tariffs. Spot gold and gold futures are showing growth in Asian trading.
Gold prices slightly decreased due to the strengthening dollar and investors' expectations of Trump's decisions regarding appointments to the Fed. Spot gold fell by 0.2%, futures by 0.1%.
Citi raised its gold price forecast to $3500 per ounce, anticipating a worsening US economy and inflation. This is due to new tariffs, a weakening dollar, and expectations of a Fed rate cut.
Bitcoin fell by 2. 5% to $115,540.9 amid growing concerns about US trade tariffs and high interest rates. The broader crypto market also shows a decline, awaiting US employment data.
Oil prices barely changed as fears of tariffs' impact on demand balanced the threat of supply disruption from Russia. Brent and WTI futures rose slightly, but are expected to increase by 4.9% and 6.4% respectively by the end of the week.
Credit strategists at Goldman Sachs Group Inc. are urging clients to hedge risks as global corporate bond yield premiums have reached their lowest level since July 2007. This comes amid slowing economic growth and no signals from the Fed about an imminent rate cut.
The US Federal Reserve kept the key interest rate at 4. 25-4.5%, ignoring President Trump's calls. The decision was made amid uncertainty caused by import tariffs.
