US Gold Imports from Switzerland Surge 1,100% on Trade Concerns
Swiss gold exports to the United States rose dramatically in December, jumping eleven-fold to 64.2 tons – the highest level since March 2022. The surge, valued at nearly $6 billion, was driven by traders rushing to secure bullion ahead of potential tariffs. The market response was immediate and significant, with Comex gold futures commanding premiums […]
London Gold Reserves Drain as Markets Rush to Beat Trump Tariffs
A shift is occurring in the global gold market as concerns over potential Trump-era tariffs trigger a massive movement of gold from London to New York. The Bank of England, which stores gold for central banks, has seen its processing times for gold withdrawals extend to four weeks from the typical few days, indicating severe […]
Commerzbank Boosts Q1 Gold Target to $2,700
Commerzbank has increased its gold price forecast for the first quarter of 2025, raising it from $2,600 to $2,700 per troy ounce. Despite this near-term bullish adjustment, the bank has kept its year-end 2025 price target unchanged at $2,650 per troy ounce, suggesting they anticipate some moderation in prices after the first quarter.
2025 Silver Forecast: Fifth Year of Deficit as Green Tech Drives Demand
The silver market is expected to maintain a significant deficit for the fifth consecutive year in 2025, driven by record-breaking industrial demand exceeding 700 million ounces. While global demand is expected to hold steady at 1.20 billion ounces, the market shows divergent trends across sectors. Physical investment is forecast to rise 3% in Western markets, […]
LBMA's New Digital Ledger: A Possible Game-Changer for Gold Security
To combat the growing challenges of gold laundering and counterfeiting, the London Bullion Market Association (LBMA) has implemented a groundbreaking digital tracking system. The Gold Bar Integrity Database aims to prevent illicit gold from criminal gangs and conflict zones from infiltrating bank vaults, while also stopping the circulation of counterfeit bars bearing major refineries’ logos. […]
Gold Prices Pause Near Highs as Fed Decision Looms
Gold prices remained relatively stable at $2,758.49 per ounce as markets await the Federal Reserve’s policy decision and commentary on potential March rate cuts. The precious metal’s recent approach to all-time highs, driven by Trump’s calls for lower rates, was tempered by a tech sector sell-off triggered by Chinese AI developments. Investors are particularly focused […]
Gold in 2025: Why Major Banks Are Betting on $3,000+ PER OUNCE
Alan Hibbard dives into top banks’ new predictions for gold in 2025-ranging from $2,900 to $3,000-and examine how they fared with earlier forecasts.
Why Gold's Current Pattern Is a Global Warning Sign
Gold’s current price action presents a familiar pattern that typically emerges during major market repricing events, but with a unique geopolitical twist. The chart suggests that gold’s upward trajectory is primarily driven by US-China relations, making it more than just another market trend. Unlike normal market movements that tend to equilibrate around risk-free rates, this […]
Currency Markets Roiled by Twin Threats of Tariffs and Tech
The U.S. dollar strengthened against major currencies on Tuesday as markets grappled with Trump’s expanded tariff threats and the aftermath of DeepSeek’s AI breakthrough. The dollar index recovered to 108 as traders reversed Monday’s risk-off moves, while the euro fell 0.7% to $1.04155. As the Federal Reserve begins its two-day meeting, market expectations have shifted, […]
Analysts Boost Gold Forecast for 2025 Amid Trump Era
Gold’s trajectory for 2025 looks exceptionally strong, building on its impressive 27% gain in 2024 – its best performance since 2010. A recent poll of 36 market experts projects gold reaching $2,756 per ounce in 2025, reflecting growing confidence in the metal’s safe-haven appeal during Trump’s second term. While gold briefly retreated following the U.S. […]