Gold prices have unexpectedly fallen despite escalating geopolitical tensions, a departure from their safe-haven status. A strong U.S. dollar, rising Treasury yields, and profit-taking after a prior rally are suppressing bullion. While the near-term outlook is choppy, long-term prospects remain constructive due to persistent geopolitical risks and inflation concerns.
Berkshire Hathaway spends down cash pile under CEO Greg Abel
Berkshire Hathaway reduced its cash hoard to $365.5 billion in Q2, as CEO Greg Abel deployed capital into $4.5 billion of stock buybacks and nearly