Gold's Latest Glitter Fest Leaves Traders Sweating in Their Vaults
Key Points
- Gold's price fluctuated dramatically, hitting $3,357 before ...
Who knew shiny rocks could cause so much financial anxiety? Gold's meteoric rise to $3,357 yesterday had traders gripping their desks tighter than their morning coffee. Now at $3,319, the precious metal seems to be taking a breather after its record-breaking sprint.
Powell's Pickle: Between a Rock and a Hard Economy Federal Reserve Chair Jerome Powell dropped the 's-word' (stagflation) bomb, sending markets into a tizzy. His April 17 commentary suggests the Fed is playing economic Twister - trying to keep one hand on inflation control while the other reaches for growth. Good luck with tha...
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