Gold Retreats from Record Highs as U.S.-China Relations Improve
Gold prices fell by 0.5% to $3,231.08 per ounce on Wednesday as improving U.S.-China trade relations eased global recession concerns. The two countries agreed to a 90-day suspension of reciprocal tariffs after weekend talks in Geneva, with the U.S. planning to reduce tariffs on low-value Chinese shipments to 30%. This…
Gold Retreats as US-China Trade Truce Shifts Investor Sentiment
Gold prices edged lower for the second time in three days, initially falling by 0.9% before recovering somewhat due to a weakening dollar following reports about US-South Korea currency policy discussions. The decline comes as investors react to two key factors: the unexpected trade truce between the US and China…
Wealthy Investors Flee Dollar Assets for Gold and China, Says UBS Executive
Wealthy investors are moving away from US dollar assets toward alternatives like gold, cryptocurrencies, and commodities, according to UBS executive Amy Lo. Speaking in Hong Kong, Lo noted that clients are diversifying their traditionally US-centric portfolios amid US-China trade tensions. Chinese markets, previously avoided by investors, are now gaining attention…
Gold Bounces Back as Markets Await Critical US Inflation Data
Gold rebounded to $3,255.59 per ounce as markets shift focus to upcoming US inflation data. The precious metal had previously dropped when the US and China announced a 90-day tariff reduction agreement, with US duties on Chinese goods falling from 145% to 30% and China reducing most levies to 10%….
Central Bank Gold Buying Spree Continues Despite Price Pullback
Despite a 5% drop from its May peak, gold’s outlook remains positive according to market indicators. The steepening futures curve shows traders expect higher prices ahead. The decline appears largely connected to the dollar’s 4% recovery rather than weakening fundamentals. Central banks, particularly Poland and China, continue aggressively purchasing gold…
Why Silver Could 10x in Value
It sounds far-fetched — until you hear the facts. In their latest video, Mike Maloney and Alan Hibbard break down why silver at $300 an ounce isn’t just possible — it may be closer than anyone expects. In this episode, you’ll learn: If you own any silver, this is a…
Gold Bounces Back as Dollar Weakens, Despite US-China Tariff Truce
Gold prices rebounded on Tuesday, rising 0.6% to $3,255.09 an ounce after falling more than 2% the previous day. The recovery was driven by a 0.2% drop in the dollar index, making gold cheaper for holders of other currencies. According to analyst Carlo Alberto De Casa, ongoing uncertainty about trade…
Gold Tumbles 3% as U.S.-China Trade Deal Eases Economic Concerns
Gold prices dropped significantly by 3% on Monday, settling around $3,223 an ounce. This decline came after the U.S. and China agreed to a temporary trade truce, which improved the global growth outlook and decreased recession fears. According to Ricardo Evangelist, senior analyst at ActivTrades, these developments reduced the need…
Gallup Poll: Americans Flock to Gold as Stock Appeal Wanes
Gold has emerged as a rising star in Americans’ investment preferences, jumping five percentage points to 23% in Gallup’s April poll—the largest movement among all investment categories. Now firmly in second place, gold has substantially outpaced stocks, which fell six points to 16% amid market volatility following Trump’s tariff announcements….
The Golden Age Returns: Basel III Elevates Gold to Top-Tier Banking Asset
Starting July 1, 2025, Basel III banking regulations will officially recognize gold as a Tier 1, high-quality liquid asset, allowing US banks to count physical gold at full market value toward their core capital reserves. This marks a significant upgrade from its previous classification as a Tier 3 asset valued…