Gold Market Reacts: Prices Drop on US-UK Deal While China Boosts Import Quotas
Gold prices fell on Thursday, dropping 0.4% to $3,352.63 an ounce, as President Trump’s announcement of a comprehensive trade deal with Britain eased market tensions. The deal, which Trump described as one that will “cement the relationship” between the two nations, reduced investor interest in gold as a safe-haven asset….
“You Only Need $35”: Breaking Down the Barriers to Gold Investing
“You don’t need thousands to start investing in gold.” That’s what Mike Maloney reveals in his eye-opening new video with Alan Hibbard. They show exactly how everyday investors can build a precious metals portfolio — starting with just $35. With exclusive insights on silver’s current opportunities and actionable strategies to…
China’s Central Bank Adds 30 Tons of Gold in Six Months as Prices Soar
China increased its gold reserves for the sixth consecutive month in April, adding about 70,000 troy ounces. Over the past six months, China has added nearly 1 million ounces (30 tons) to its reserves. This comes amid record gold prices, which have risen almost 30% this year. The trend reflects…
SAXO Bank: Chinese Demand Propels Gold Higher
Despite speculative traders reducing their net long positions by 55% since September to a 14-month low, gold has surged nearly 28% this year, already surpassing many analyst’s 2025 expectations. Two key trends are emerging: gold makes its biggest gains during non-US trading hours while struggling during US pit hours, and…
China Slashes Interest Rates to Counter Trump’s Tariff Impact
China’s central bank has announced multiple measures to counter the economic impact of U.S. tariffs, including cutting interest rates and reducing bank reserve requirements. These moves aim to free up approximately $137.6 billion for lending. The announcement comes as both countries prepare for trade talks and as President Trump’s high…
Markets Turn from Gold as U.S.-China Schedule Tariff Talks
Gold prices fell by 1.2% to $3,388.49 an ounce on Wednesday as markets responded positively to news that U.S. and Chinese officials will meet in Switzerland this weekend to discuss tariffs. This meeting between U.S. Treasury Secretary Scott Bessent and Chinese economic official He Lifeng comes after both countries imposed…
Fed Expected to Hold Rates Steady Despite Trump’s Push for Cuts
President Trump is pushing for interest rate cuts from the Federal Reserve, but the central bank is expected to maintain current rates at its May 7 meeting. Despite Trump’s social media criticism that the Fed has been “TOO LATE AND WRONG,” experts predict a 97% chance rates will remain at…
Trade Talk Hopes Outweigh Geopolitical Tensions as Gold Prices Slip
Gold prices dropped by as much as 2.1% after the US and China announced upcoming trade talks in Switzerland, reducing demand for safe-haven investments. This decline follows a nearly 6% surge over the previous two days. Despite escalating military tensions between India and Pakistan, investors focused more on the potential…
Ghana Gold Mine Merger on Hold: AngloGold and Gold Fields Pause Joint Venture Talks
Two major gold mining companies, AngloGold Ashanti and Gold Fields, have decided to pause talks about combining their neighboring mines in Ghana. The proposed joint venture would have created a massive operation producing 900,000 ounces of gold annually in its first five years. While both companies still consider the merger…
Why Gold IRA is Built for Inflationary Times
In today’s uncertain economy, inflation isn’t just an economic buzzword — it’s a steady force that quietly chips away at your purchasing power. For retirement savers, that poses a serious challenge: how do you protect what you’ve worked so hard to build? Enter the Gold IRA — a self-directed retirement…