Why This Week’s News Could Drive Gold Prices Higher Today

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Daily News Nuggets | Today’s top stories for gold and silver investorsMarch 9th, 2026 | Brandon Sauerwein, Editor Oil Surges, Gold Slips — But the Long Game Hasn’t Changed Gold retreated today as oil rallied, renewing concerns that rising energy costs could keep inflation pressures elevated. The metal traded near $5,096 per ounce, down about … Read more

US Corporate Profits Rise 5.9% as Economy Shows Resilience

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The US economy expanded at a 2.4% annualized rate in the fourth quarter of 2023, a stronger showing than earlier estimates indicated. Corporate profits surged by 5.9%—the largest quarterly increase in more than two years—and profit margins rose to 15.9%, notably higher than pre-pandemic levels. Higher margins give firms more flexibility to absorb potential cost … Read more

Gold Tops $5,300 as Fed Meeting Sends Dollar Tumbling

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Daily News Nuggets | Today’s top stories for gold and silver investorsJanuary 28th, 2026 Gold Breaks $5,300 as Dollar Confidence Wobbles Gold surged past $5,300 per ounce Wednesday, hitting $5,311.31 as investors grew uneasy about the U.S. dollar and questioned the Federal Reserve’s independence. The latest advance capped a sharp rally that included a more … Read more

CBO Warns Trump Tax Plan Could Add $2.4 Trillion Deficit as Senate Clash Looms

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The Congressional Budget Office (CBO) estimates that the Republican tax bill recently passed by the House would increase U.S. budget deficits by $2.42 trillion over the next decade. That projected rise in deficits results from roughly $3.67 trillion in reduced tax revenue, partially offset by about $1.25 trillion in spending cuts. Key provisions in the … Read more

Trump Gives Mexico 90-Day Tariff Reprieve During Trade Talks

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President Trump has granted Mexico a 90-day reprieve from higher tariffs, maintaining existing rates for now to provide additional time for trade negotiations. At the same time, the administration reached a new agreement with South Korea that effectively subjects many Korean imports to a 15% tariff while exempting a range of U.S. exports from reciprocal … Read more

Fed Survey: Sharp Drop in Americans Who Can Cover a $2,000 Emergency

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Americans are finding it increasingly difficult to handle unexpected expenses, according to a February survey by the New York Federal Reserve. Only 62.7% of respondents said they could come up with $2,000 within a month if necessary — the lowest share recorded since the Fed began tracking this measure in 2015. The problem is compounded … Read more

Guggenheim Forecasts Four Fed Rate Cuts in 2025, Defying Markets

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Guggenheim Partners’ Chief Investment Officer Anne Walsh outlined a clear and confident outlook for 2025, forecasting quarterly Federal Reserve rate cuts totaling 75–100 basis points. Her outlook stands in contrast to recent market expectations, which have pared back to just one or two cuts. Speaking at the World Economic Forum in Davos, Walsh also offered … Read more

Wall Street Warns: Could Trump’s Trade Policies Derail the Market Rally?

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The stock market is trading near record highs, but many Wall Street strategists are flagging potential hidden risks. While investors have largely celebrated the business-friendly stance of the current administration, concerns are growing about the possible economic consequences of proposed tariffs. One major worry is the president’s threat to impose 25% tariffs on imports from … Read more

Dollar Strengthens After Trump Softens Criticism of Fed

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The dollar showed signs of recovery Wednesday after President Trump said he has “no intention” of firing Federal Reserve Chair Jerome Powell. His comment helped ease concerns about the Fed’s independence and reduced immediate market anxiety over potential political interference. In addition, both President Trump and Treasury Secretary Janet Yellen hinted at the possibility of … Read more

Gold Rises as Investors Await Fed Minutes and Key Economic Data

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Spot gold prices rose modestly as traders looked for buying opportunities following Tuesday’s pullback, while markets awaited the Federal Reserve’s upcoming meeting minutes. Investors are parsing the minutes for clues about the Fed’s view on inflation, interest-rate policy and the timing of future moves, which can sway demand for non-interest-bearing assets such as gold. Year … Read more