With Inflation at 3.5%, Is Now a Good Time to Buy the SPDR Gold ETF? Here’s What History Says.

The U.S. Federal Reserve aims to keep the Consumer Price Index (CPI) measure of inflation increasing at a rate of 2% per year. Unfortunately, the CPI was tracking at a much higher annualized rate of 3.5% in June, which is why Fed Chairman Kevin Warsh is talking about hiking interest rates. Inflation refers to a general rise in the price …

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China’s gold imports jump 89% in first half as prices retreat

June imports climb to 173.34 tons, highest since March 2024, according to customs data International gold price falls 8% in first half, while yuan-denominated price drops 10%   China’s gold imports surged 89.1% year-on-year in the first half of 2026 as falling bullion prices, a stronger yuan and sustained demand from investors and commercial banks encouraged overseas purchases. The country …

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Africa urged to process bauxite and other critical minerals locally to drive industrial growth

African nations have been urged to accelerate domestic processing of bauxite and “other” critical minerals instead of continuing to export raw materials, as leaders push to transform the continent into a global hub for value-added mineral production. Speaking at the African Development Bank (AfDB) Ministerial Forum in Abidjan, Nigeria’s Minister of Solid Minerals and Chair of the Africa Mineral Strategy …

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