Author: Admin
When most people think of the U.S. Mint, they imagine the coins jingling in their pockets. But one of the most fascinating, and often overlooked, branches of the U.S. Mint is located right in the heart of the Rocky Mountains: the Denver Mint. Known for its high output and historical significance, the Denver Mint is more than just a coin factory. It’s a symbol of America’s gold-rich past and a continuing powerhouse in the world of precious metals. From Assay Office to Coining Powerhouse The story of the Denver Mint begins not with coins, but with gold dust. Established in…
Gold price rallies to a new record high past the $3,900 figure on Monday, hitting $3,970 as the US government continues its shutdown, while investors are pricing in another rate cut by the Federal Reserve (Fed) at the upcoming October 29 meeting. XAU/USD trades at $3,952, up 1.73%, at the time of writing.Bullion surges near $3,970 as political turmoil in Washington, Paris and Tokyo heightens demand for safety assetsPolitical uncertainty in the US keeps the yellow metal bid, as there are no signs of a reopening, as US House Republican leaders keep members away from Washington, while the government remains…
Firefly’s deal to acquire SciTech will bolster its efforts to support President Trump’s “Golden Dome” missile-defense shield.
Fed Faces Dilemma Ahead of October 29 FOMC Meeting Data Accuracy With the next Federal Reserve (FOMC) decision scheduled for October 29, policymakers are facing an unusual challenge: the government shutdown has delayed critical economic data, leaving the Fed “flying blind” just weeks before its next interest rate call. At the September meeting, the Fed cut rates by 25 basis points, and market pricing suggests traders expect another cut in October. But with a slowing labor market and persistent inflation pressures, the decision won’t be straightforward. What Is the Fed’s Dual Mandate? The Federal Reserve’s dual mandate, set…
“I will also draw Social Security when I reach 70, which will be $3,500 per month.”
EUR/USD consolidates on Friday amid a quiet trading session due to the lack of a fresh catalyst, sponsored by a US government shutdown that seems poised to extend beyond the current week. The pair trades at 1.1738, up 0.28%, at the time of writing.Shared currency consolidates with light data and split Fed rhetoric keeping traders cautiousThe US economic docket has been light, featuring speeches by Federal Reserve (Fed) officials, as the Nonfarm Payrolls report for September had been delayed. Vice-Chairman Philip Jefferson said that although it is not ideal not to get job data, they have enough information to do…
“I’m looking for a financial planner, marriage counselor and, possibly, a divorce attorney.”
Highlights include Fed Meeting Minutes, ECB Minutes, RBNZ, Canada jobs, OPEC+, Japan LDP leadership election SAT: Japanese LDP Leadership Election SUN: OPEC+ Meeting Fed Meeting Minutes MON: EZ Construction PMI (Sep), Sentix (Oct), US Employment Trends (Sep), New Zealand NZIER (Q3) TUE: EIA STEO; German Industrial Orders (Aug), US International Trade (Aug), Canadian Trade Balance (Aug), Ivey PMI (Sep), Chinese FX Reserves (Sep) WED: RBNZ & NBP Policy Announcements, FOMC Minutes (Sep), BoJ’s Ueda; Japanese Overtime Pay (Aug), Swedish CPIF Flash (Sep) THU: ECB Minutes (Sep), Eurogroup Meeting; German Trade Balance (Aug), US Weekly Claims (TBC) FRI: Norwegian CPI (Aug),…
The NBA takes a big leap into streaming, while viewers can cozy up to Netflix’s ‘Nobody Wants This’ or freak out to the Halloween horror of ‘Monster: The Ed Gein Story’ and ‘It: Welcome to Derry’
As Singapore buzzed with energy in the lead up to the F1 race weekend, BullionStar welcomed a select group of special guests for an exclusive behind-the-scenes vault tour. This private visit offered a rare opportunity to step inside BullionStar’s operational precious metals vault — a secure facility that safeguards more than USD 1 billion in gold, silver, and platinum on behalf of customers from over 100 countries across the world. This private visit offered a rare opportunity to step inside BullionStar’s operational precious metals vault — a secure facility that safeguards more than USD 1 billion in gold, silver, and…