Tag: United States

10 of the best films to watch this February
Entertainment

Best Movies to Watch in February 2026: From Wuthering Heights to Scream 7

Are you looking for top movies to watch in February? These movies, from…

Polar bears on Norwegian islands fatter and healthier despite ice loss, scientists say
Weather

Polar Bears in Svalbard Growing Fatter Despite Sea Ice Loss

Polar Bears are getting fatter in Svalbard Scientists who studied polar bears…

Rain and Snow Raise Flood Risk in UK After Storm Chandra
SportsWeather

Rain and Snow Raise Flood Risk in UK After Storm Chandra

UK Flood Threatened by Rain and Snow Following Storm Chandra, flooding continues…

Bomb Cyclone to Bring Another Round of Snow to Eastern US
United StatesWeather

Bomb Cyclone to Bring Another Round of Snow to Eastern US

Another Winter Storm Hits the Eastern US Parts of the United States…

Carrick not ruling out Man Utd deadline day moves
Sports

Carrick Hints at Manchester United Transfers Ahead of Deadline

Manchester United interim head coach Michael Carrick has not ruled out further…

Djokovic Survives Sinner to Reach Australian Open Final
EntertainmentSports

Djokovic Survives Sinner to Reach Australian Open Final

Djokovic, who was facing Italian Jannik Sinner in the final, overcame a…

Music legend Fela Kuti becomes first African to get Grammys Lifetime Achievement Award
Entertainment

Fela Kuti Becomes First African to Receive Grammy Lifetime Achievement Award

Nigerian star of global music album Best Global Music Album was also…

Gold hits record highs amid political tensions The gold price soared to $5,500 per ounce on Monday for the very first time, before briefly falling back. Silver prices also rose, with an ounce trading for around $98. This is up from $38 a year earlier. As global uncertainties continue, investors are turning to precious metals for a haven. Investors are wary of Trump's policies US President Donald Trump’s trade policies are causing market uncertainty. The uncertainty caused by his tariffs against multiple countries, and the threats he made over Greenland has pushed investors towards gold. Gold is seen as safer than the risks associated with US fiscal and foreign policy, say analysts. Emma Wall, Chief Investment Strategist at Hargreaves Lansdown says that gold jumps whenever the world is chaotic. Precious metals have become more appealing due to the ongoing tensions in Europe, China and the Middle East as well as US political instability. Demand for Geopolitical Conflicts Increases Gold prices have risen due to the wars in Ukraine, Gaza and Venezuela. The geopolitical developments eroded investor confidence in the US Dollar, leading them to look for security in metals. Bloomberg's chart shows that gold and silver are up by 80%, respectively 214% since a year earlier. The US dollar index is down 10%. Central Banks and New Buyers Help the Rally Gold is being bought by central banks to decrease their dependence on the US Dollar. Gold is a safe haven for nations who are worried about their US dollars being frozen. China is the top buyer, both by investors and individual buyers. Tether and other digital currency companies have purchased large amounts of reserves to add to the trend. What is the Reason for Gold Price Drop? Gold prices fell below $5,000 despite record highs after President Trump announced that Kevin Warsh would be nominated as Fed Chairman. Warsh's nomination is seen as a safe choice that will ease concerns over interest rate reductions and the dollar. Gold remains attractive to analysts due to geopolitical risk, tariffs and scarcity. Nicholas Frappell, of ABC Refinery, emphasizes the fact that gold's value is independent of debts and company performance. What to Take Away Gold's volatility in recent years shows its sensitivity to economic and political developments. Gold is still a safe investment, even though prices fluctuate.
News

Gold Prices Soar Amid Global Uncertainty, Then Fall Slightly

The gold price soared to $5,500 per ounce on Monday for the…

Indonesian Couple Punished 140 Times for Sex and Alcohol Violations
Crime and JusticeNews

Indonesian Couple Caned 140 Times for Sex and Alcohol Violations in Aceh

Indonesian couple receives 140 canes for Sharia Violations The young couple was…

China Lifts Sanctions on UK MPs After Starmer Xi Talks
BusinessUnited States

China Lifts Sanctions on UK MPs After Starmer Xi Talks

China has lifted sanctions on six current members of the UK Parliament…

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