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Gold Declines Amid U.S. Jobs Report, Sparking Fed Rate Cut Speculation
- September 9, 2024
- Posted by: Agbaje Feyisayo
- Category: News
No CommentsGold prices took a dip after a mixed U.S. jobs report spurred more speculation about the Federal Reserve’s upcoming decision on interest rates. The nonfarm payrolls report showed an increase of 142,000 jobs in the previous month, but this marked the slowest pace in three months, bringing average job gains to their lowest since 2020.
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Gold Mines in Alaska
Alaska, the largest U.S. state by land area, is teeming with mineral resources, and gold is no exception. The ‘Last Frontier’ has a rich gold mining history that dates back to the late 19th century with the famous Alaska Gold Rush. Today, there are hundreds of known gold deposits in the state, but the number
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Gold Prices Hit Record High as Investors Bet on US Rate Cuts and Watch World Conflicts
- April 2, 2024
- Posted by: Agbaje Feyisayo
- Category: Gold
On Monday, the gold price continued its upward trajectory, marking the fifth consecutive day of gains and reaching a new record high beyond the $2,250 mark during the Asian trading session. The rise comes from the latest US Personal Consumption Expenditures (PCE) Price Index data released last Friday. The data showed a moderate increase in
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The Decline of US Dollar Dominance: Insights from a Wall Street Veteran
- February 1, 2024
- Posted by: Agbaje Feyisayo
- Category: News
In a recent news that has sent ripples through the financial world, Dick Bove, a seasoned Wall Street analyst with a 54-year tenure, declared the impending end of the US dollar’s era as the world’s dominant reserve currency. In an interview with The New York Times, Bove, who retired this month at 83, laid out
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Gold Mines in California
- January 31, 2024
- Posted by: Agbaje Feyisayo
- Category: Buy Gold, Gold, Gold Investing
California’s rich history is intertwined with gold mining, dating back to the 19th century during the California Gold Rush. There were thousands of active gold mines across the state at its peak. Today, the number is significantly less, but numerous active and abandoned mines still hark back to the state’s golden heritage. The exact number
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Who’s on the ___ Dollar Bill?
- June 30, 2023
- Posted by: Agbaje Feyisayo
- Category: Coins
Understanding the faces of our reserve paper currency is a fascinating journey through American history, offering a glimpse into the people who shaped the United States. Let’s unravel the mysteries behind the faces on every U.S. bill in circulation and some that are no longer in circulation. The Faces on Every U.S. Bill in Circulation
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