Inflation soared at the fastest rate in 40 years in the United States, causing large intraday price actions in major asset classes.
Peloton faces pressure as takeover rumours circulate and CEO steps down
Oil and gold on the rise as US dollar yo-yos
European Central Bank leaves monetary policy unchanged but BoE raises its rates – again
GoldPesa seeks to combine properties of cryptocurrencies and physical gold to create demand
The mid- to long-term outlook on gold this year is bearish as interest rate hikes become more likely
Rising interest rates and higher US real yields are key factors driving the performance of major asset classes
Investors are watching gold mining stocks as inflation persists in 2022.
Precious metal price expected to stay between $1,700-$1,850 in first half of 2022
Bitcoin and Ethereum rise higher in afternoon trade and BMW increases sales targets
Asian tech stocks hit and oil gains after losing ground last week
Bitcoin has returned 93% to its investors this year while traditional hedges like gold lost 3%
Twitter (TWTR) stock surges: CEO announces resignation
Travel shares plummet, Moderna and Pfizer stock rallies