The second estimate released Thursday by the U.S. Bureau of Economic Analysis revised the real GDP up by less than 0.1 percentage point from the previous month's advance estimate.
Bank of America predicts gold could reach $3,500/oz due to investment demand and central bank buying amid global uncertainties. China's new program could unlock $25-28B for gold purchases.
IAMGOLD exceeded 2024 guidance with 667,000 ounces production, thanks to strong performance at Essakane, Westwood, and Côté Gold mines in Canada.
Gold's bullish trend to continue in 2025 due to positive catalysts like central bank purchases, inflation concerns, and Trump's second term as a volatility driver.
Additionally, geopolitical risks, particularly concerning Iran, could influence oil supply due to potential increased U.S. support for Israel and stricter sanctions enforcement.
Gold demand surges as uncertainty surrounding US election drives investors toward safe-haven assets. GLD's AUM reaches $79.7B with strong inflows.
Newmont applies for extension of Cadia mine permit until 2050, generating jobs & economic growth. Committed to sustainable production & divesting from non-strategic ops.
With the extreme volatility of the S&P 500's 12.1% 2022 correction, many investors are worried about where the stock market is headed next. For traders that believe the recent dip is merely the beginning of a much larger downturn, here are some potential ways to profit from a market downturn.
