India’s Gold Market Splits: Investment Demand Thrives While Jewelry Sales Stumble
India’s gold market showed mixed signals in May 2024, with gold prices climbing over 30% year-to-date despite a temporary pause in May. While jewelry sales slowed after the wedding season, physical gold investments remained strong, and gold-backed lending surged 120% year-over-year. Gold ETFs returned to positive territory with modest inflows…
Wealth Managers Bet on Gold, Japan, and Emerging Markets Over US Assets
Wealth management firm Brown Shipley is repositioning portfolios away from US assets, citing concerns about political uncertainty, a $1.83 trillion budget deficit, and slowing growth. The S&P 500’s 5.7% decline this year has underperformed other markets, prompting a strategic shift. The firm is now overweight in three key areas: gold…
Gold Follows Historical Patterns: Next Stop Could Be $5,300 After Healthy Correction
Gold has been consolidating in a healthy pattern after reaching new highs, and this pause may continue for another month or two. The article identifies gold’s current move as the third major breakout in its history, following the 1972 breakout from a 100-year base and the 2005 breakout above $500….
Gold Heads for Monthly Low After Fed Meeting Dampens Rate Cut Hopes
Gold prices dropped 2.5% this week, heading for their worst weekly performance in over a month. The decline came after the Federal Reserve signaled fewer interest rate cuts ahead and as tensions between Israel and Iran appeared to ease temporarily. President Trump said he’ll decide within two weeks whether the…
Silver’s Explosive Setup: Why This Rally Could Be Your Last Chance
Silver just did something it rarely does — outperform gold while staying completely under the radar. If you’ve been following the precious metals market, you know this is unusual. Gold typically leads, silver follows. Gold gets the headlines, silver gets ignored. But right now, something different is happening. And according…
Interest Rates Unchanged: Fed Waits for Clarity on Tariffs and Global Tensions
The Federal Reserve announced Wednesday that it will maintain its current benchmark interest rate, marking the fourth straight meeting without a rate change. This decision keeps borrowing costs high for American consumers and businesses. The Fed is holding off on any rate adjustments while it gathers more data on how…
Silver Hits 14-Year Peak as Middle East Tensions Drive Safe-Haven Demand
Markets are experiencing volatility as Middle East tensions rise between Israel and Iran, prompting investors to move away from risky assets. Silver has reached its highest price since February 2012, driven by strong demand from green energy and tech sectors. Meanwhile, Reddit shares continue climbing after launching new AI advertising…
Why Gold, Not Models, Will Deliver in 2025
Written by: The MacroButler The markets have dubbed 2025 not a Jubilee, but a fog—thick with the unknown. Investors fumble through it, sensing chaos, yet naming it uncertainty without grasping its nature. So let’ dissect the case of the Jubilee Year of Uncertainty. Frank Knight, the economist-sleuth of the early 20th…
Central Banks’ Gold Rush Continues as Citi Predicts Price Pullback
Citigroup has issued a bearish call on gold, predicting it could drop to $2,500 or lower next year after its record-breaking rally. However, UBS senior adviser Brendan O’Connor remains bullish, maintaining a year-end price target of $3,500 for gold, citing strong fundamentals like central bank demand and geopolitical tensions. O’Connor…
Silver Closes Above $37 for First Time in 14 Years
Brandon Sauerwein, Editor Yesterday, silver did something it hasn’t done in 14 years: closed above $37.12. This isn’t just another price milestone. It’s the breach of a resistance level that’s held firm since 2011 — through multiple bull runs, global crises, and monetary upheavals. The momentum is undeniable: Mike Maloney has…