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2.53170966352989E-05 2.53170966352989E-05 0.00762044608724261 0.00762044608724261 -0.0151649408845794 -0.00250639256690043 -0.0278234892022583 -0.0154687460442037
Stock impact report

The Daily Chase: Gold, bitcoin rally on eve of U.S. inflation data [BNN Bloomberg (Canada)]

U.S. Gold Corp. (USAU) 
US:NASDAQ Investor Relations: usgoldcorp.gold
Company Research Source: BNN Bloomberg
in a row and could be poised to extend the streak on Monday, ahead of a fresh round of inflation numbers out of the U.S. Gold briefly topped US$2,188 an ounce on Monday morning, just shy of the all-time high of $2,193 it set on Friday. Gold tends to do well during times of uncertainty and when investors are fearful. That's definitely been the case for the last few months, as persistently high inflation eats away at purchasing power, but it's unclear what the specific catalyst is right now. In testimonies to lawmakers last week, U.S. Fed chair Jerome Powell said the central bank needs more evidence that inflation is cooling before cutting rates. The U.S. inflation rate for February is forecast to be 3.1 per cent, in numbers set to be released on Tuesday. That's the same level it was at the last time we got numbers – for January. Bitcoin surging: Cryptocurrency HODLers are taking a victory lap as the price of bitcoin has topped US$72,000 for the first time. The price of the world's la Show less Read more
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