Technically, the dollar was pegged to a certain quantity of gold, and the currency was theoretically freely exchangeable at will into specie until 1933. After World War II, the Bretton Woods agreement reset the price of gold at $35 per ounce (actually …

When it comes to currency, China's manipulation of the yuan is a completely different animal than our Federal Reserve's efforts to keep liquidity in the market and interest rates low. In the mid-1990s, China devalued its currency and pegged it to the …

Decreases in interest rates and devaluation of a country's currency, as well as increases in consumer confidence, asset prices and real wages will lead to a positive effect on aggregate demand and help in increasing the GDP. Lower interest rateswould …

SINGAPORE, July 3 (Reuters) – Gold edged higher on Wednesday after a near 1 percent fall in the previous session, as two Federal Reserve officials said the U.S. central bank was likely to continue supporting the economy through asset purchases for some …

(Kitco News) – Gold prices ended the U.S. day session moderately lower Tuesday. Some early short-covering and bargain hunting gave way to selling pressure brought on by the U.S. dollar index pushing to a four-week high. The gold and silver market bears …

Both funds make it simple to invest in gold and silver, yet people who have purchased silver or gold coins and bars have suffered essentially the same losses. They just might not have a broker to send them the ugly news. People who invested in gold or …

More business news. Concerns about a slowdown in China have contributed to tough days on U.S. stock markets recently, with investors worrying that the interconnected global economy is hitting a skid just as it had seemed to be stabilizing. A major …

This has had the knock on effect of raising mortgage interest rates; and in the global capital markets rising US real yields are attracting capital and driving up global interest rates. Suddenly the global economy is facing the headwind of rising …

It is now beyond dispute that the last six years have been the most horrific for the global economy since the Great Depression tore it apart eight decades ago. Yet despite all this carnage, it is also clear to an unbiased observer that Australia under …