The Paradox of Silver: Strong Fundamentals, Weak Performance, and Misunderstood Markets
While gold has surged 36% over the past year, silver has only risen 27%, underperforming at what should be a moment of significant outperformance. Ross Norman, of Metalsdaily.com contends that the “manipulation” narrative misunderstands how markets actually work, as banks maintain neutral positions through offsetting physical and futures positions. This…
Is $4,000 Gold “Just Around the Corner”? JPMorgan Analysts Think So
Wall Street continues to raise its bullish outlook on gold as the precious metal reaches new heights. Bank of America has increased its price target from $3,000 to $3,500 per ounce over the next 18 months, based on projections of 10% growth in investments through increased buying from China, central…
Citi “Very Bullish” on Silver as April 3 Tariff Announcement Looms
Gold and silver prices have surged to new cyclical highs, with gold breaking past its March 20 record of $3,057.50 and silver climbing above $34.24, approaching its October high of $34.87. This rally is primarily driven by concerns about the upcoming “Liberation Day” tariffs scheduled for April 3, which markets…
Safe-Haven Gold Soars Past $3,080 Amid Growing Trade War Concerns
Gold has hit a record high of $3,086.21 an ounce as investors seek safety amid trade tensions following President Trump’s upcoming April 2 reciprocal tariffs. These measures have sparked concerns about inflation, slower economic growth, and trade conflicts. Heading for its fourth consecutive weekly gain, gold’s rise is fueled by…
Gold Hits All-Time High as Trump’s Auto Tariffs Spark Trade War Fears
Gold has surged to an unprecedented record of over $3,079 an ounce, marking its fourth consecutive weekly gain amid escalating trade tensions. The precious metal rose 0.7% on Friday after President Trump signed a proclamation imposing 25% tariffs on all auto imports and threatened harsher measures against the EU and…
Corporate Profits Surge 5.9% as US Economy Shows Resilience
The US economy grew 2.4% in Q4 2023, better than initially reported. Corporate profits jumped 5.9% – the biggest increase in over two years – with profit margins reaching 15.9%, well above pre-pandemic levels. This could help companies absorb future tariff costs without raising consumer prices. While consumer spending growth…
Silver Rises to $34 as Trump’s Auto Tariffs Fuel Uncertainty
Silver prices (XAG/USD) have risen to nearly $34 during European trading as President Trump’s announcement of permanent 25% tariffs on imported vehicles sparked global economic concerns, enhancing silver’s status as a safe-haven asset. These tariffs, effective April 2, will significantly impact top auto exporters to the US including Mexico, Canada,…
Goldman Sachs Raises Gold Target to $3,300 as Central Banks Keep Buying
Goldman Sachs has raised its gold price forecast for the end of 2025 from $3,100 to $3,300 per ounce. This positive outlook is based on two main factors: – First, more investors are buying gold through ETFs, a trend expected to continue as the Federal Reserve is predicted to cut…
Goldman Sachs Boosts Gold Target to $3,300
Goldman Sachs has raised its gold price forecast to $3,300 an ounce by the end of 2025, up from their previous target of $3,100 announced just last month. This bullish outlook is driven by stronger-than-expected central bank purchases, particularly from emerging markets, which analysts now estimate will average 70 tons…
Goldman Sachs Boosts Gold Target to $3,300
Goldman Sachs has raised its gold price forecast to $3,300 an ounce by the end of 2025, up from their previous target of $3,100 announced just last month. This bullish outlook is driven by stronger-than-expected central bank purchases, particularly from emerging markets, which analysts now estimate will average 70 tons…