Dollar Crashes to Six-Month Low | Gold to $3,200
Global markets are experiencing significant volatility as the trade war between the US and China intensifies. The US dollar has suffered its worst four-day decline in over two years, sinking 1.2% to a six-month low. In response to US actions, China has dramatically increased tariffs on American goods from 84%…
Gold Hits New Record Above $3,200 as US-China Trade War Intensifies
Gold prices experienced a significant rally on Friday, jumping 1.7% to $3,227.39 per ounce and briefly touching a record high of $3,237.56. This surge pushed bullion past the key psychological barrier of $3,200, bringing its weekly gains to over 6% and yearly gains to nearly 21%. The precious metal’s rise…
UBS Raises Gold Forecast Amid Global Uncertainty, Sees $3,500 in 2025
UBS has raised its gold price forecast, now predicting gold will reach $3,500 in 2025 with the rally continuing into 2026. Despite gold’s significant rally this year and bullish market sentiment, UBS tracking indicators suggest there’s still substantial potential for growth in gold investments. UBS anticipates demand coming from diverse…
Gold Prices Soar to Historic High: 3.23% Jump Marks Biggest Daily Gain Since 2020
Gold futures trading on the Comex exchange experienced a remarkable rally today, with the front-month April contract settling at an all-time high of $3,155.20 per troy ounce. This represents a substantial gain of $98.70 or 3.23% in a single session, marking the largest one-day percentage increase since April 9, 2020….
Gold Silver Ratio 100:1 – What It Means for Silver Investors
Something extraordinary just happened in the precious metals world: the gold silver ratio has reached the 100:1 mark. In simple terms, it now takes a whopping 100 ounces of silver to buy just a single ounce of gold.
Gold to $12,000? The Mar-a-Lago Accords Could Spark the Rally
The Mar-a-Lago Accords are coming — and they could transform the global financial system overnight. We may be witnessing the early stages of a historic monetary reset, with gold and silver positioned at the center. Mike and Alan came together for an urgent update to discuss this remarkable situation: The…
Tariff Chaos Propels Gold to Biggest Daily Gain Since 2022
Gold prices surged, coming close to last week’s all-time high after posting its largest one-day gain (+3.3%) in 18 months. The rally was triggered by market uncertainty following President Trump’s confusing tariff announcements. After initially implementing tariffs on 60 trading partners, Trump announced a 90-day pause for 56 countries and…
Gold Surges Past $3,100 as US Escalates China Tariffs to 125%
Gold prices continued their upward momentum on Thursday, climbing 1.3% to $3,122.02 per ounce amid escalating trade tensions between the United States and China. This follows gold’s largest daily gain since October 2023 the previous day. Despite President Trump announcing a temporary 90-day reduction in duties for numerous countries, he…
As Lira Crumbles, Turks Seek Refuge in Gold
In Istanbul’s 560-year-old Grand Bazaar, traders are witnessing panic as Turks rush to exchange their rapidly devaluing lira for dollars, gold, and other stable assets. The Turkish currency has lost more than 80% of its value over five years due to President Erdogan’s controversial economic policies, particularly pressuring the central…
Swiss National Bank: Gold As a Safe Haven Asset
The Swiss National Bank just released a new report about how gold acts as a safe haven asset. Here are some of their findings: The Swiss National Bank’s new report reveals that gold plays a unique role in Switzerland’s economy. Switzerland is a global hub for gold, refining one-third of…