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International Business Times
International Business Times
Business
Panos Mourdoukoutas Ph.D.

Gold Shines, Bitcoin, Stocks Search For Direction Amid Volatility On Wall Street—What Is Next?

Bitcoin Inflation ECB Neel Kashkari United States Economy Oil China Fed Funds Middle East

Gold shined last week while Bitcoin and U.S equities searched for direction due to higher oil prices and concerns over inflationary pressures ahead of new inflation data, ECB decision, and bank earnings.

The yellow metal gained 3.9% for the week to close at a new high of $2349.10, up close to 16% year over year.

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