Gold prices surged on Thursday as investors increased bets on a Fed rate cut. The ongoing conflict in the Middle East and strong central bank demand also support gold's rise.
Israel's economic professionals have stressed it, Ratings agencies have said it - Israel needs a responsible budget for 2025, and it needs to show it can pass one now.
The Czech Central Bank has continued its gold-buying spree, adding to its reserves for the 19th consecutive month. Total gold holdings now exceed 46 tonnes.
Gold's Rise, Dollar's Fall: Is a Global Currency Reset Imminent? Financial expert warns of a looming economic shift as central banks hoard gold and government debt soars.
World Gold Council market strategist John Reade recently spent time in Switzerland talking to gold buyers, who are saying they feel like they missed the price run-up
Central and bullion banks have long tried to suppress gold and silver prices, but these efforts are doomed. As inflation rises and fiat currencies devalue, silver is poised for a breakout.
The tax authority continues to plan sanctions to push real estate investors out, claiming this will help young buyers. But when taxes rise to cover war deficits, young people will pay the price.
The report's authors urged Israel's central bank and government to take immediate steps to project stability, including adjusting the budget to the current economic realities.