Financial markets

The Fed's change of tone offers a different outlook for precious metals: with the dollar weakening, fears of recession, lower rates and the threat of renewed inflation that a Fed pivot would generate, gold has every chance of resuming its upward trend as early as next year.

The interest rate hikes implemented by central banks since the resurgence of inflation have appeared to be the norm. However, it is a revolution in the making. After decades of falling rates, they are now rising sharply, raising fears of unprecedented financial and economic risks.

The economic situation in Germany is deteriorating at an alarming rate. French economic indicators are showing a deterioration, characterized by a sharp contraction in activity in the last quarter. Gold in euros seems to be taking advantage of this situation.

The price of gold beats its record, both in dollars and euros. Bitcoin climbs, but remains far from its 2021 high. At the same time, the stock market is making some headway, and housing is more or less depressed across the globe. Something is going on. Aside from cyclical explanations (a slowdown in...

Gold's resistance, which prevented any monthly close above $1,995, was breached, closing at $2,035 on Thursday 30 November. Taking advantage of the gold rally, the silver price broke through the oblique resistance that has held it up since its 2011 high.

After falling into the mid-$1,800s this fall, the Gold price has taken off and is once again threatening its All Time High. With all eyes on Gold, Silver is quietly flying under the radar as it usually does prior to big advances.

In the United States, real estate is no longer a safe haven due to the stagnation of the real estate market and the absence of investment incentives. In China, the growing disinterest in real estate has also changed savers' behaviour towards gold.

Even if the situation regarding private debt is not problematic at the moment, 2024 is likely to be a very different story: the wall of private debt is much harder to break through than the wall of public debt. These U.S. debt risks are the main reasons why gold prices are so high. The closer we get...

The hope of a "pivot" by the Fed curbed the appreciation of the dollar, which had just set an all-time record against the Japanese yen. The depreciation of the dollar is benefiting the gold price, which is once again approaching its $2,000 resistance level.

In addition to its representation in various holy places in the form of different objects, gold is also the subject of numerous traditions. Here, we take a brief look at its place in various civilizations and religious currents.