Gold’s Historic Run Hits Pause Button | Goldman Still Targets $3,100
Brandon Sauerwein, Editor Gold’s Record Rally Pauses: Strategic Opportunity or Warning Sign? Gold’s remarkable eight-week winning streak has finally taken a breather, with prices retreating from Monday’s record high of $2,956.19 to around $2,850 — marking the first weekly decline of 2025. This healthy pullback comes amid a strengthening dollar…
Goldman Sachs Forecasts Gold to Hit $3,100 by End of 2025
Despite the recent price pullback, Goldman Sachs has raised its gold price forecast to $3,100 per troy ounce by the end of 2025, representing an 8% increase from current levels. This bullish outlook is driven primarily by strong central bank demand, as countries have been increasing their gold reserves since…
India’s Gold Demand Picks Up While Chinese Imports Hit 21-Month Low
Gold demand in India has begun to improve this week as prices retreated from record highs, though many buyers remain cautious. Dealers reduced discounts to $12-$27 per ounce from last week’s $35. Meanwhile, Chinese gold imports via Hong Kong fell significantly in January, hitting their lowest level since April 2022….
Profit-Taking and Tariff Concerns Push Gold to First Weekly Loss of 2025
Gold prices have fallen for the first weekly loss of 2025, trading near $2,860 an ounce after hitting a record high of $2,956.19 earlier this week. President Trump’s announcement of impending tariffs on Canada, Mexico, and additional levies on China has strengthened the US dollar, making gold less attractive to…
Even The NYT Is Saying, “Buy Gold”
Even The NYT Is Saying, “Buy Gold” Via SchiffGold.com, A recent piece in the New York Times encouraged readers to buy gold, noting its record-breaking run since 2020. However, what the article gets wrong is associating the phenomenon with presidential policies instead of central bank monetary policy. Treasury policies can contribute to money supply growth by issuing […]
Trump Proposes $5 Million ‘Gold Card’ Green Cards to Chip Away at National Debt
President Trump has proposed a “gold card” program offering permanent U.S. residency to wealthy foreign individuals and companies willing to pay $5 million. Trump claims selling a million cards could generate $5 trillion toward reducing the national debt. The plan would replace or supplement the existing EB-5 program, which currently…
Barkin Warns of ‘Inflation Headwinds’ That May Force Fed to Raise Rates
Richmond Fed President Tom Barkin warned that interest rates might need to go up, not down, to fight inflation. Speaking to a local club in Virginia, he explained that several economic shifts could make inflation harder to control in the future. For years, certain factors helped keep prices stable, but…
Goldman Sachs: US Dollar Could Boom Despite BRICS De-Dollarization Efforts
Goldman Sachs analysts are forecasting a potential boom for the US dollar that could undermine BRICS’ efforts to reduce dollar dependence. According to strategists Karen Reichgott Fishman and Lexi Kanter, the tariffs expected under Trump’s administration may strengthen the dollar, making long positions on USD particularly attractive for investors. While…
The Gold-Stock Correlation Flip: Invesco Strategist Explains Market’s New Dynamic
Invesco’s Chief Global Market Strategist Kristina Hooper explains that gold’s relationship with stocks has fundamentally changed. Historically, gold and stocks had a low correlation, moving in opposite directions, but now they’re rising in tandem. Hooper attributes this shift to investors using gold as a hedge against geopolitical and fiscal deficit…
Gold Rebounds as Trump Tariff Fears and Inflation Continue to Concern Markets
Gold prices bounced back Wednesday after hitting a one-week low, supported by worries about Trump’s potential tariffs and a sharp decline in U.S. consumer confidence. Gold faces a complex situation with inflation. While it typically serves as a protection against rising prices, persistent inflation might force the Federal Reserve to…