INFLATION

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.

The precious metals were mixed in November, with silver outshining the rest with a 13.6 percent jump, followed by palladium which rose 7.75 percent. Gold managed to end the month with marginal gains of 1.87 percent while platinum fell 2.7 percent from its end-October level.

Manufacturing in the eurozone expanded in November at its fastest pace in four months, boosted by strong activity in France and Germany, while manufacturing production in the U.K. touched a 16-year high, according to a survey.

China's manufacturing activity expanded in November, pointing to more inflationary pressure in the near term.

The financialization of commodities threatens to divert capital from economically useful purposes and use it instead to drive up the cost of essential commodities for end users.

Kenya's central bank said on Tuesday it would be revising its monetary policy targets after signs that two years of monetary easing had lowered commercial lending rates and increased loan volumes.