INFLATION

The Gold Price held near last night's new record highs for US, Euro and Sterling investors in London trade on Tuesday, recording an AM Gold Fix at $1426 per ounce as world stock markets gained more than 1.5%.

China is likely to raise interest rates in the coming days in a demonstration of the government's resolve to tame inflation, an official newspaper said on Tuesday.

A study by IMF economists Luc Laeven and Hui Tong found that U.S. monetary policy shocks drive global stock market prices.

Stock index futures slipped on Monday on jitters about the European debt crisis and with investors set to lock in profits after a strong market performance last week.

China needs to slow down its economy enough to cool inflation at home without putting a drag on growth in the rest of the world.

A weaker-than-expected US jobs data on Friday forced investors to sell dollars and seek shelter in precious metals, helping silver and palladium post two-digit weekly rise and reach fresh multi-year highs in the week to December 3. An IB times study on gold and dollar index suggests investor interest to sell dollar for buying gold probably increased in the week.

China's inflation is unlikely to reach the heady levels seen in 2006-2008 because the economy is showing no signs of overheating, prominent economist Fan Gang said in comments published on Sunday.

During a CBS interview, Federal Reserve Chairman Ben Bernanke did not rule out the possibility of more asset purchases, meaning a third round of quantitative easing (QE3) is possible.

China will shift monetary policy from the current stance of relatively loose to prudent next year, reported the country's state-controlled media on Friday.

November's jobs data was shockingly bad and casts doubt on the optimism generated by upbeat economic reports from recent weeks.

Spot Gold jumped over $1400 per ounce in wholesale dealing on Friday in London, holding onto an earlier drop vs. the Euro as the single currency rose sharply on news of weaker than expected US jobs growth in November.

Brazil's Central Bank raised reserve requirements on bank deposits in order to slow down consumer lending and prevent the potential risk of asset price bubbles in the country’s surging economy.

Economic growth in India will overtake that of China in the next ten years, boosted by huge domestic demand, said noted global economist Nouriel Roubini.

Eurozone retail sales rose unexpectedly in October for the first time in three months, showing an improvement in household demand.

Even as food prices shoot up in China, food production remains slow while demand is rising multifold.

With the current round of [US quantitative easing] set to end in June 2011, and our US economics team now forecasting strong US economic growth in 2011 and 2012, we expect US real interest rates to begin to rise into 2012, says a new bullion report from former investment-bank Goldman Sachs.

In an Interview with IBTimes, Srinivas Thiruvadanthai explores the concept of balance sheet recessions and other factors that make the Great Recession so severe.

The European Central Bank (ECB) left the benchmark rates unchanged for the 19th straight month, and said it would extend its longer-term liquidity tenders into the first quarter of 2011

Spot Gold touched a near 3-week high for Dollar investors above $1396 per ounce in London trade on Wednesday, but slipped back from new record highs in Euros and Sterling as the US currency dipped on the forex market.

No central bank ever began a hyper-inflationary policy because it feared inflation. Such disasters always come because of vanished credit and economic depression. And whether in Germany nine decades ago, or in Argentina twenty years back, or in Robert Mugabe's Zimbabwe around the turn of this century, stuff actually gets cheaper - not more expensive - in real terms during hyperinflation.

The U.S. private sector employment saw the largest gain in three years in November, according to a report by ADP, but will not be sufficient to reduce the high unemployment rate plaguing the country.