Nintendo Shares Jump After Goldman Sees Switch 2 Unlocking Dormant Users
Nintendo Shares Jump After Goldman Sees Switch 2 Unlocking Dormant Users Nintendo shares in Tokyo posted their biggest gain in months after Goldman analysts Minami Munakata and Haruki Kubota resumed coverage of 11 Japanese companies in the games, entertainment, and internet sector. The analysts noted that “the global games market re-entered a growth phase since […]
Gold Outshines S&P 500: Metal Posts Strongest Performance Gap Since 2022
Gold prices have outperformed the S&P 500 index, with the S&P 500/gold ratio dropping to its lowest level since 2020. According to Aakash Doshi of State Street Global Advisors, this trend reflects increased investor demand for safe-haven assets amid economic uncertainty, though it’s not necessarily a recession indicator. The surge…
Gold’s Quickest $500 Climb in History
“On average, gold takes 1,708 days to climb $500 increments, but this latest jump took just 210 days,” notes Taylor Burnette, Research Lead at the World Gold Council.
Indian Government Withdraws Long-Term Gold Deposit Options as Prices Soar
The Indian government has partially discontinued its gold monetisation scheme, eliminating the medium-term (5-7 years) and long-term (12-15 years) deposit options while maintaining the short-term (1-3 years) program. The finance ministry cited “evolving market conditions and performance of the scheme” as reasons for the change. While banks handled interest payments…
Beyond Gold’s Spotlight: Why Silver Could Be the Next to Breakout
In his latest eye-opening interview, precious metals authority Alan Hibbard reveals why silver — not just the headline-grabbing gold — may be positioned for a dramatic breakout.
Barron’s: Gold Could Reach $4,000 as Investors Flee Risk
Multiple market strategists, including Bloomberg’s Mick McGlone, Yardeni Research, and Jeffrey Gundlach, forecast gold could hit $4,000 as investors flee riskier assets amid market uncertainty. This shift is already underway, with the S&P 500 dropping 8.1% and Bitcoin falling nearly 13% since February, while gold gained 3% during the same…
Stagflation Concerns Drive Gold Higher Ahead of Reciprocal Tariff Announcement
Gold prices edged up 0.2% to $3,026.38 an ounce on Wednesday as markets brace for President Trump’s sweeping reciprocal tariff plans expected on April 2. Analysts warn these policies could create a stagflationary scenario – combining high inflation with slow economic growth – which typically supports gold prices. U.S. consumer…
Understanding Gold ETF Demand: Tonnage, Flows, and Investment Patterns
Physically-backed gold exchange-traded funds (gold ETFs) represent a significant source of gold demand, attracting both institutional and individual investors as part of diversified investment strategies. The World Gold Council maintains comprehensive data on over 100 physically-backed gold ETFs and similar products worldwide, offering regional and fund-specific analysis of demand in…
Silver Rebounds Above $33 as Geopolitical Tensions Boost Safe-Haven Appeal
Silver prices climbed above $33.10 per ounce on Monday, breaking a three-day losing streak, driven by increased safe-haven demand amid global geopolitical tensions and economic uncertainty in the United States. Investors were monitoring US-led peace efforts in the Russia-Ukraine conflict while tensions in the Middle East intensified following Israeli airstrikes…
Citi’s Commodities Chief: Markets Underestimating Tariff Impact as Gold Target Rises
During a recent ‘Money Movers’ interview, Max Layton, Citi Group’s global head of commodities, discussed important market developments: – Citi has raised its three-month gold price target, showing increased confidence in gold’s short-term performance – Layton warned that markets may be significantly underestimating the effects of reciprocal tariffs, particularly those…