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The term “gold standard” gets used loosely in modern financial conversation, invoked in debates over central bank policy, BRICS de-dollarization proposals, and calls for gold-backed currencies, often without much precision about what it actually meant in practice. It is worth understanding that it wasn’t one fixed system: the gold standard took several distinct forms over more than a century, evolving as governments looked for ways to keep the benefits of a gold-linked currency while reducing its costs. This guide covers what the gold standard is and how it worked, its history from the classical era through Bretton Woods, why it…
Nomura strategists highlight that Swedish CPIF ex-energy inflation surprised to the upside in July even as headline CPIF slowed, largely due to government fuel duty cuts and public transport subsidies. They stress that underlying inflation momentum has picked up, yet still expect the Riksbank to keep its policy rate unchanged in 2026.Fiscal measures mask inflation momentum”Flash CPIF inflation slowed to 0.7% y-o-y in July (Nomura & consensus: 0.7%, Riksbank: 0.5%) from 1.3% previously. However, CPIF ex-energy inflation surprised to the upside and rose to 0.6% y-o-y (Nomura & Riksbank: 0.2%, consensus: 0.3%) from 0.4% in June.””A key reason for the…
Here’s how the Protect College Sports Act could impact the economics of college sports.
Silver (XAG/USD) jumps more than 4% on Wednesday as weaker-than-expected US ADP employment data and easing energy-driven inflation prompt traders to scale back expectations for Federal Reserve (Fed) rate hikes. At the time of writing, XAG/USD trades around $62.30, near its highest level in a month.From a technical perspective, the latest leg higher has improved the near-term outlook. However, the broader trend remains cautious as Silver approaches key resistance levels.On the daily chart, XAG/USD has reclaimed the 21-day Simple Moving Average (SMA) at $58.31 and is now challenging the 50-day SMA at $62.65.The Relative Strength Index (RSI) has risen to…
The S&P 500 booked its 25th record close of 2026, after a 42-day break.
Prop Trading Discounts Explained Prop Trading Discounts In today’s online world, comparison shopping has become second nature. Whether buying clothing, household furnishings, travel or electronnic products, we’ve come to expect discounts, coupons, and promo codes. This discount-driven mindset has even made its way into an unlikely corner of the financial world, proprietary (prop) trading firms. From X to Telegram to Facebook to Tik Tok to Google, prop firms everywhere advertise special offers like “10% off your first challenge”, “20% holiday discounts”, or massive Black Friday sales boasting up to 80–90% off. But unlike buying something online, signing up…
“I haven’t seen my sister since our mother’s funeral more than 20 years ago.”
Silver’s lower price tag compared to gold doesn’t make it any less of a target for counterfeiters. Plated coins, “sterling” jewellery stamped with false hallmarks, and bars misrepresented as fine silver all circulate in the market, and rising silver prices only add more incentive to pass off fakes as genuine. Stories of buyers discovering their silver isn’t what they thought are common across online marketplaces and forums. Source – Reddit So how do you tell if silver is real? As with gold, the answer depends on the certainty you need. A magnet test or a quick weight check takes seconds…
Gold is attempting a tepid bounce around $4,050 in Asian trading on Tuesday, stalling a two-day decline amid looming US-Iran risks, as markets brace for a slew of US jobs reports due later this week. US JOLTS Job Openings Survey is in focus on Tuesday.Gold to keep its range play intactGold buyers lack conviction despite the renewed uptick, as a gradual recovery in the US Dollar (USD) continues to limit the USD-denominated bright metal.The Greenback sustains its overnight rebound from weekly troughs, following renewed tensions between the United States (US) and Iran and strong US ISM Manufacturing PMI data.President Donald Trump…
“Delaying Social Security until 70 results in an increased monthly payment — and that comes with proportionally higher cost-of-living adjustments.”