This content does not apply to US customers.
The US are being drastically affected amid fears of mass job losses. This is, in turn, is believed to have sparked a bullish looking gold market.
The activity of these two contrasting market happenings was highlighted by in a speech from Federal Reserve chairman, Jerome Powell. In this speech, he warned of “potentially dire consequences” if the current economic situation continues. In response to this, Gold has continued to grow even faster than it had already had done in the last month.
This has seen Gold verge on 7-year highs before regressing again. Now with this latest news and its latest progress in the wake of the speech made yesterday, it could be the necessary element to let it grow and expand to these levels. Already, in the last year, it has increased 40% in value as investors look for a safe option in response to inflating equity markets, not to mention the global pandemic, Covid-19.
These increases a looking likely to grow until the economic recovery begins and measures that Jerome Powell said are important are brought into force sooner rather than later.
Recently Similar News
Latest News
Exploring the Rise of Crypto Casino Japan: Top Picks for 2025
This content does not apply to US customers. The US are being drastically affected amid fears of mass job losses. This is, in turn, is believed to have sparked a bullish looking gold market. The activity of these two contrasting market happenings was highlighted by in a speech from Federal Reserve chairman, Jerome Powell. In […]
12 March, 2025Bitcoin Soars as Trump Unveils Strategic Cryptocurrency Reserve
This content does not apply to US customers. The US are being drastically affected amid fears of mass job losses. This is, in turn, is believed to have sparked a bullish looking gold market. The activity of these two contrasting market happenings was highlighted by in a speech from Federal Reserve chairman, Jerome Powell. In […]
3 March, 2025Bitcoin Price Predictions and Market Trends: March 2025 Insights
This content does not apply to US customers. The US are being drastically affected amid fears of mass job losses. This is, in turn, is believed to have sparked a bullish looking gold market. The activity of these two contrasting market happenings was highlighted by in a speech from Federal Reserve chairman, Jerome Powell. In […]
3 March, 2025What happened to bitcoin this week?
This content does not apply to US customers. The US are being drastically affected amid fears of mass job losses. This is, in turn, is believed to have sparked a bullish looking gold market. The activity of these two contrasting market happenings was highlighted by in a speech from Federal Reserve chairman, Jerome Powell. In […]
28 February, 2025Franklin Templeton Files for Solana-Based ETF as Cryptocurrency Investment Products Grow in Popularity
This content does not apply to US customers. The US are being drastically affected amid fears of mass job losses. This is, in turn, is believed to have sparked a bullish looking gold market. The activity of these two contrasting market happenings was highlighted by in a speech from Federal Reserve chairman, Jerome Powell. In […]
24 February, 2025Ethereum Outlook for 2025
This content does not apply to US customers. The US are being drastically affected amid fears of mass job losses. This is, in turn, is believed to have sparked a bullish looking gold market. The activity of these two contrasting market happenings was highlighted by in a speech from Federal Reserve chairman, Jerome Powell. In […]
19 February, 2025SEC and Binance Hit Pause: A 60-Day Legal Truce Amid Regulatory Changes
This content does not apply to US customers. The US are being drastically affected amid fears of mass job losses. This is, in turn, is believed to have sparked a bullish looking gold market. The activity of these two contrasting market happenings was highlighted by in a speech from Federal Reserve chairman, Jerome Powell. In […]
17 February, 2025Unraveling the Crypto Coin from Trump Scam: What You Need to Know
This content does not apply to US customers. The US are being drastically affected amid fears of mass job losses. This is, in turn, is believed to have sparked a bullish looking gold market. The activity of these two contrasting market happenings was highlighted by in a speech from Federal Reserve chairman, Jerome Powell. In […]
13 February, 2025