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Mohamed Abdelhamid

Gold Above $3,290: Navigating Amid Fiscal Risks

Gold prices have seen a notable ascent, driven by a weakening US Dollar and heightened demand for safe-haven assets amidst growing fiscal uncertainty. This movement underscores gold’s traditional role as a reliable store of value in turbulent economic times.The recent downgrade of US sovereign debt by Moody’s has amplified concerns …

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Why is Huawei Back in News Headlines? Fragile Trade Truce with China Threatened

A recently established trade truce between the United States and China faces an immediate challenge following a US industry warning against the use of certain Chinese-made chips, particularly those from Huawei. This development has drawn strong condemnation from Beijing, which views the warning as a direct undermining of the preliminary …

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America’s Debt Reckoning: Why Bond Yields Are Sounding the Alarm

U.S. Treasury yields are climbing, fueled by a seismic shift in how global credit agencies view American sovereign debt. This isn’t just a technical market adjustment; it’s a profound signal from the financial world about the nation’s fiscal health, challenging long-held assumptions of unparalleled stability. The recent downgrade by Moody’s …

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Gold’s Ascends As Moody’s downgrade spurs safe haven demand

The price of gold has experienced a notable rebound, breaching the $3,200 mark as investors sought refuge following Moody’s recent downgrade of the United States’ credit rating to Aa1 from AAA. This decision by the rating agency, citing prolonged fiscal inaction, exerted downward pressure on the US Dollar, consequently bolstering …

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