Oil, gold and Treasurys diverge on U.S. recession risk: Livermore’s Neuhauser

Markets are confused over the odds of a U.S. recession, and “somebody has got it wrong,” according to hedge fund manager David Neuhauser. The CIO of Livermore Partners told CNBC on Monday that many investors are hoping for a “Goldilocks” scenario, in which the economy doesn’t grow too quickly, or shrink too much. “The outlook … Read more

Geopolitics, central banks could keep gold demand hot in 2024: World Gold Council

An employee puts gold bullions into a safe deposit box at Degussa shop in Singapore Edgar Su | Reuters Gold prices hit another record high this week after a roaring 2023, and a combination of geopolitical tensions and continued central bank buying should see demand remain resilient next year, according to the World Gold Council. … Read more

Gold prices at record highs amid economic, geopolitical uncertainty

Traffic_analyzer | Istock | Getty Images Gold prices notched a new record on Monday for a second day in a row — with spot prices touching $2,100 as the global rush for bullion appears set to continue. Gold prices are on course to hit fresh highs next year and could remain above $2,000 levels, analysts … Read more

Markets may be underestimating Israel-Hamas conflict

Smoke rises over a buildings in Gaza City on October 9, 2023 during an Israeli air strike. Sameh Rahmi | Nurphoto | Getty Images While market reaction remains muted following the attack on southern Israel by Palestinian militant group Hamas, some industry watchers caution that several risks resulting from the conflict are yet to be … Read more

Costco is selling gold bars and they are selling out within hours

Costco is well-known as a place to get bargain prices on any variety of items, from food to luggage to appliances to gold bars. Wait, gold bars? Yes, the retail warehousing giant is your one-stop shop for 1 ounce gold PAMP Suisse Lady Fortuna Veriscan bars, handsomely detailed and ready for purchase. They’re available for … Read more