Gold erases yearly gains as robust US jobs data fuels Fed rate hike bets

Gold and silver have shed a combined trillion dollars in market value from their January peaks, with gold trading near $4,331 per ounce and silver around $67.30 on June 5, even as a live geopolitical conflict and above-target inflation would traditionally push precious metals higher. How Far Prices Have Fallen Gold peaked at $5,608 per […]

Citi's contrarian rate cut forecast could signal a shift in monetary policy, impacting speculative asset markets if labor trends soften. The post Citigroup economists maintain forecast for Fed rate cuts amid strong US jobs data appeared first on Crypto Briefing.

Gold's decline highlights the impact of strong economic data on interest rates, affecting investment strategies and currency valuations globally. The post Spot gold extends losses, falls over 3% to $4,336 per ounce as strong jobs data rattles markets appeared first on Crypto Briefing.

Here's why trillions of dollars were erased from capital markets in a single day despite a very solid US Jobs report.

Japan's yen weakness could destabilize global markets, impacting digital assets and forcing policy shifts amid economic and political pressures. The post Japan’s yen weakness raises concerns for policymakers despite record intervention spending appeared first on Crypto Briefing.

The next altcoin season may not begin with Bitcoin dominance, ETF flows, or the usual rotation signals from Bitcoin and Ethereum. An interesting outlook is pointing somewhere less obvious: gold.  The argument is that the precious metal’s next major move could decide whether the next crypto market bounce is real or just another trap that […]

A significant BOJ rate hike could disrupt global markets, altering risk dynamics and signaling a shift from Japan's long-standing monetary policy. The post Mitsubishi UFJ warns Bank of Japan may need jumbo rate hike to support yen appeared first on Crypto Briefing.

Xi's visit to North Korea may reshape geopolitical alliances, indirectly influencing global markets and strategic economic partnerships. The post Xi Jinping heads to North Korea for first time since 2019, and crypto markets are watching the geopolitical chessboard appeared first on Crypto Briefing.