Australian dollar falls as US dollar strengthens ahead of CPI data

The Australian dollar weakens even as consumer inflation expectations rise to 4.7% in September - The AUD finds support as swaps price in an 86% probability that the RBA will keep monetary policy unchanged in September - The US dollar could show weakness as a weaker PPI dampens the prospects for easing... Read the full article...

Epic gold price rally

The price of gold has surpassed a new record high. The $3,500 mark has fallen, and even $4,000 now appears only an interim target. The rally is being driven by several factors simultaneously:

· massive purchases by central banks
Capital flight to safe havens
· high demand for physically backed gold ETFs
· geopolitical uncertainty and inflation concerns

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