BOE Cuts Rates as UK Faces Stagflation Storm
The Bank of England delivered its third consecutive rate cut, lowering rates to 4.5% amid growing stagflation concerns. In a surprising split decision, two of nine committee members voted for a more aggressive 0.50% cut. The move came alongside a dramatic revision to economic forecasts, with 2024 growth expectations halved…
Gold’s 10% Surge Sparks New Era Speculation
Gold’s meteoric rise in 2025 marks its strongest start since 1980, with prices soaring to $2,870 per ounce amid what analysts describe as a perfect storm of economic conditions. The rally is underpinned by structural forces beyond traditional drivers like dollar weakness or Fed policy expectations. Central banks have emerged…
Gold Takes Breather After Historic 5-Day Surge
Gold’s unprecedented five-session rally took a momentary pause on Thursday, with spot prices steadying at $2,867.93 per ounce after reaching an all-time high of $2,882.16. The precious metal’s momentum remains strong, driven by mounting concerns over U.S.-China trade tensions and their potential impact on global economic growth. While technical indicators…
India’s Gold Market: Investment Up, Jewelry Down as Prices Rise
The World Gold Council projects a cooling in India’s gold consumption for 2025, marking a decline from last year’s nine-year peak of 802.8 metric tons. This shift is primarily driven by gold prices hitting record high levels, reaching 84,399 rupees ($968.62) per 10 grams, following a substantial 21% increase in…
GoldSilver Turns 20! My Inside Story | Mike Maloney
Get the inside story of GoldSilver’s incredible 20-year journey – from Mike Maloney’s humble spare-bedroom startup to one of the world’s most trusted precious metals dealers. In this candid anniversary special, Mike reveals the company’s remarkable highs and devastating lows: launching during economic booms, battling through financial crashes, navigating ‘nuclear winters’,…
Fed Officials: No Rush to Cut Rates in Uncertain Climate
Federal Reserve officials Susan Collins and Raphael Bostic have signaled a cautious approach to further interest rate cuts, emphasizing the need to evaluate economic impacts of both recent monetary policy changes and new White House initiatives. Following three rate cuts totaling 100 basis points since September, the officials want to…
High-End Gold Market Thrives Despite Record Prices
The luxury gold market in China is showing strength in the face of unprecedented market conditions, with high-end products maintaining strong sales despite gold prices reaching 40 new records and rising up to 30%. This trend is particularly evident in Laopu Gold Co Ltd’s performance, whose shares jumped over 70%…
Gold Pauses After Record Run, Trade War Concerns Persist
Gold markets remain cautious near record levels as multiple factors influence trading sentiment. The immediate focus is on President Trump’s tariff policies and their potential inflationary impact, with three Fed officials warning of price risks and suggesting a more measured approach to interest rate cuts. While Mexico and Canada received…
Trade War Tensions Keep Gold Near Historic $2,830 Peak
The escalating trade war between the US and China has kept gold prices hovering near historic levels, with spot gold at $2,814.94 per ounce following an all-time high of $2,830.74. President Trump’s implementation of 10% tariffs on Chinese goods sparked immediate retaliation from Beijing, including countervailing duties and an antitrust…
Fed Officials: No Rush to Cut Rates in Uncertain Climate
Federal Reserve officials Susan Collins and Raphael Bostic have signaled a cautious approach to further interest rate cuts, emphasizing the need to evaluate economic impacts of both recent monetary policy changes and new White House initiatives. Following three rate cuts totaling 100 basis points since September, the officials want to observe the effects before making […]