Precious Metals Rally: Gold Recovers from 2-Week Low Ahead of Trump-Zelenskiy Summit
Gold prices rose 0.4% to $3,348.28 per ounce on Monday, bouncing back from a two-week low. The gains were driven by falling U.S. Treasury yields and a weaker dollar, which typically support gold prices. Markets are closely watching President Trump’s meeting with Ukrainian President Zelenskiy and European leaders to discuss…
Could Silver be Your ‘Golden Ticket’
Silver and Gold are reaching all-time highs lately. This means you should start thinking about getting precious metals. We have what you need to know. For more information call 1.855.906.6381 or visit https://guildhallwealth.com/ Read More
PBoC Extends Gold Buying to 9 Months While Imports Crash 62% in H1 2025
China’s gold market showed mixed signals in July 2025, with the People’s Bank of China continuing its buying streak by adding 2 tons, marking nine consecutive months of purchases and bringing total reserves to 2,300 tons. However, retail demand remained subdued – Shanghai Gold Exchange withdrawals of 93 tons were…
Tariff Turmoil: Copper Crashes 14% After Wild Ride, Gold Flat Despite Fed Drama
CME Group’s micro metals futures showed mixed performance in July amid tariff uncertainty and Fed policy concerns. Gold prices briefly surged above $3,450/oz after President Trump threatened to fire Fed Chair Powell, but ended July flat at just under $3,300/oz following a hawkish Fed meeting. Silver gained 1.5% to close…
Wholesale Prices Post Biggest Jump in 3 Years as Tariff Costs Hit US Economy
US wholesale inflation surged unexpectedly in July, with the Producer Price Index jumping 0.9% – the biggest monthly increase in over three years. The sharp rise pushed annual wholesale inflation to 3.3%, well above the Fed’s 2% target. The surge was driven by both services (up 1.1%) and goods (up…
India’s Gold Buyers Return as Prices Dip, But Rest of Asia Stays on Sidelines
Physical gold demand in India showed modest improvement this week as prices retreated from recent record highs, encouraging some retail buyers to return to the market. Gold prices in India fell to 99,838 rupees ($1,139.61) per 10 grams on Thursday after hitting an all-time high of 102,250 rupees last week….
Gold Bounces Friday But Can’t Escape Weekly Loss After Inflation Shock
Gold prices rose slightly on Friday, supported by a weaker US dollar, but are still heading for a 1.7% weekly decline. The drop came after Thursday’s producer price data showed the biggest increase in three years, reducing expectations for a large Federal Reserve rate cut in September. While consumer price…
Weekly Gold Decline Follows Surge in US Wholesale Prices
Gold prices are set to decline this week after US wholesale inflation data came in higher than expected in July. The stronger inflation report reduced expectations for a Federal Reserve interest rate cut in September, with traders now seeing only a 90% chance of a cut versus full certainty earlier….
Swiss Gold Traders Fear Reputational Damage from Proposed 39% U.S. Export Tax
Switzerland’s gold industry has firmly rejected Swatch CEO Nick Hayek’s proposal to impose a 39% export tax on gold bars shipped to the United States. Hayek suggested the retaliatory measure after President Trump imposed 39% tariffs on Swiss imports, though gold was later exempted. The Swiss Association of Manufacturers and…
Kansas City Fed Chief: Keep Rates Steady as Inflation Remains Above Target
Kansas City Fed President Jeffrey Schmid defended the Federal Reserve’s decision to maintain interest rates at their current 4.25%-4.5% range, calling the modestly restrictive stance “exactly where we want to be.” Speaking amid ongoing inflation concerns, Schmid noted that while monetary policy is restrictive, it’s not overly so, citing record-high…