Reported about 1 year ago
As the US election countdown continues and government debt keeps rising, gold prices remain around $2300 per ounce due to ongoing geopolitical risks, with silver breaking $30 per ounce last month. Despite a slight cooling in May's Personal Consumption Expenditure (PCE), the inflation index closely monitored by the Fed, interest rate cut chances in September have increased. In Australia, children are being taught financial literacy and savings through small business ventures, such as selling lemonade and handmade crafts, in response to persistently high prices and the need to combat inflation amidst uncertain economic times.
Source: YAHOO