Jerry Lin
The Latest
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Gold Prices Plummet in Largest Drop in Nearly Two Years Amid Easing Middle East Tensions
Gold experienced a dramatic plunge on Monday, marking the steepest intraday decline in nearly two years, as easing tensions in the Middle East diminished the demand for safe-haven assets. Spot gold dropped by 2.8% to a low of $2,324.96 per ounce at one point during the day, falling nearly $70 from the previous Friday's closing high-a significant retreat not seen since June 2022. 
Gold experienced a dramatic plunge on Monday, marking the steepest intraday decline in nearly two years, as easing tensions in the Middle East diminished the demand for safe-haven assets. Spot gold dropped by 2.8% to a low of $2,324.96 per ounce at one point during the day, falling nearly $70 from the previous Friday's closing high-a significant retreat not seen since June 2022. -
Gold and Silver Face Profit-Taking Pressure Amid Perceived Easing of Middle East Tensions
Gold prices experienced a sharp decline on Monday, as geopolitical tensions in the Middle East appeared to ease and traders shifted their focus to upcoming U.S. economic data that could provide insights into the Federal Reserve's monetary policy outlook. The precious metal fell more than 2% to trade near $2,345 an ounce, ending a five-week rally, the longest such streak in over a year. 
Gold prices experienced a sharp decline on Monday, as geopolitical tensions in the Middle East appeared to ease and traders shifted their focus to upcoming U.S. economic data that could provide insights into the Federal Reserve's monetary policy outlook. The precious metal fell more than 2% to trade near $2,345 an ounce, ending a five-week rally, the longest such streak in over a year. -
Bitcoin Halving: Experts Weigh in on Potential Price Impact as Supply Cut Looms
As Bitcoin's fourth halving approaches, estimated to occur around 9 p.m. ET today, industry experts are divided on the potential impact the event could have on the cryptocurrency's price. 
As Bitcoin's fourth halving approaches, estimated to occur around 9 p.m. ET today, industry experts are divided on the potential impact the event could have on the cryptocurrency's price. -
Middle East Tensions Spark Brief Oil Price Surge, Gold Nears Record High Amid Uncertainty
Oil prices experienced a rollercoaster ride on Friday, initially spiking by more than $3 after reports of Israeli attacks on Iranian soil, but later slipping as Tehran played down the incident, signaling that an escalation of hostilities in the Middle East might be avoided. 
Oil prices experienced a rollercoaster ride on Friday, initially spiking by more than $3 after reports of Israeli attacks on Iranian soil, but later slipping as Tehran played down the incident, signaling that an escalation of hostilities in the Middle East might be avoided. -
Bitcoin Briefly Drops Below $60,000 as Crypto Market Cools Off Ahead of Halving Event
Bitcoin (BTC) has given up its recent gains, plunging below the $60,000 level during the morning hours of the U.S. trading session on Wednesday. The world's largest cryptocurrency briefly fell as low as $59,888, marking its weakest price since early March and a decline of more than 18% from its all-time high of $73,797 reached on March 14. 
Bitcoin (BTC) has given up its recent gains, plunging below the $60,000 level during the morning hours of the U.S. trading session on Wednesday. The world's largest cryptocurrency briefly fell as low as $59,888, marking its weakest price since early March and a decline of more than 18% from its all-time high of $73,797 reached on March 14. -
U.S. Crude Oil Dips Below $85 as Market Discounts Risk of Wider Israel-Iran Conflict
U.S. crude oil prices fell for the third consecutive trading session on Wednesday, dipping below $85 a barrel as the market appeared to dismiss the risk of a wider war between Israel and Iran that could potentially disrupt supplies. 
U.S. crude oil prices fell for the third consecutive trading session on Wednesday, dipping below $85 a barrel as the market appeared to dismiss the risk of a wider war between Israel and Iran that could potentially disrupt supplies. -
Citi Analyst Predicts Gold Prices to Reach $3,000 per Ounce in 6-18 Months
Gold prices continue to shine near record highs, with Citigroup forecasting that the precious metal could reach $3,000 per ounce in the next 6 to 18 months. The bullish outlook comes amid heightened geopolitical tensions in the Middle East and strong physical demand from central banks in emerging markets. Gold prices continue to shine near record highs, with Citigroup forecasting that the precious metal could reach $3,000 per ounce in the next 6 to 18 months. The bullish outlook comes amid heightened geopolitical tensions in the Middle East and strong physical demand from central banks in emerging markets. -
Bitcoin Faces Volatility Ahead of Halving Event: ETFs See Outflows Amid Market Uncertainty
Bitcoin, the world's largest cryptocurrency, is experiencing significant volatility as the highly anticipated "halving" event approaches. The halving, which is expected to occur around April 19, will reduce the block reward for miners from 6.25 BTC to 3.125 BTC, effectively cutting Bitcoin's inflation rate in half from approximately 1.7% to 0.85%. This event has the potential to impact the cryptocurrency's price and its status as a store of value. 
Bitcoin, the world's largest cryptocurrency, is experiencing significant volatility as the highly anticipated "halving" event approaches. The halving, which is expected to occur around April 19, will reduce the block reward for miners from 6.25 BTC to 3.125 BTC, effectively cutting Bitcoin's inflation rate in half from approximately 1.7% to 0.85%. This event has the potential to impact the cryptocurrency's price and its status as a store of value. -
Fed Chair Powell: Inflation Progress Stalls, Interest Rates to Remain High
Federal Reserve Chair Jerome Powell signaled on Tuesday that interest rates are likely to remain at their current high levels for an extended period, citing a lack of progress in bringing inflation back to the central bank's 2% target. 
Federal Reserve Chair Jerome Powell signaled on Tuesday that interest rates are likely to remain at their current high levels for an extended period, citing a lack of progress in bringing inflation back to the central bank's 2% target. -
IMF Raises Global Growth Forecast, Warns of US Fiscal Risks and Stalled Inflation Progress
The International Monetary Fund (IMF) has slightly upgraded its global growth forecast for 2024, projecting a 3.2% expansion, up 0.1 percentage points from its January estimate. Despite the modest improvement, the IMF warns that the global economy is entering a period of slow growth, dubbing it the "Tepid Twenties." 
The International Monetary Fund (IMF) has slightly upgraded its global growth forecast for 2024, projecting a 3.2% expansion, up 0.1 percentage points from its January estimate. Despite the modest improvement, the IMF warns that the global economy is entering a period of slow growth, dubbing it the "Tepid Twenties."
