Secondhand Gold Rolex Demand Rises As Yellow Metal Hits Record
Secondhand Gold Rolex Demand Rises As Yellow Metal Hits Record Spot gold prices climbed back above $3,000 an ounce on Wednesday morning after breaking above the key psychological threshold in mid-March. The surge comes amid escalating tariff wars and rising recession risks, fueling demand not only for gold bars as a safe haven—but also for gold […]
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…
Chinese Investors Flood Gold ETFs with $1 Billion as US Tariff Threats Escalate
Chinese investors funneled a record 7.6 billion yuan ($1 billion) into four major onshore gold ETFs last week, with strong inflows continuing this week. This investment surge followed steep tariffs announced by US President Trump, which erased trillions from global equities and heightened recession fears. China has vowed to “fight…
As Gold Soars, Luxury Watch Collectors Rush to Gold Rolexes
Gold Rolex watches are seeing a surge in demand that coincides with record-high precious metal prices and a shift toward dressier timepiece styles. Three gold Rolex models have climbed dramatically in the Bloomberg Subdial Watch Index since 2022, with the yellow-gold Day-Date 228238 rising from 30th to 9th place. This…
Recession Fears and Rate Cut Expectations Drive Gold to New Heights
Gold prices surged over 2% on Wednesday, reaching $3,061.92 an ounce for spot gold, as investors flocked to this traditional safe-haven asset amid escalating global trade tensions. The market reacted strongly to U.S. President Trump’s 104% tariffs on Chinese goods taking effect, which prompted China’s retaliatory 84% tariffs on U.S….
Gold vs S&P 500: A 28.5% Performance Gap That Speaks Volumes
As markets falter, gold demonstrates its portfolio-stabilizing power. History shows this gold rally still has room to move higher.
Gold Rallies 3% as Trump-China Tariff War Shakes Global Markets
Gold rallied as much as 3%, reaching $3,073.04 before settling at $3,066.69 an ounce, as global markets reacted to President Trump’s extensive new tariff policies and China’s immediate countermeasures. The precious metal’s rebound came amid a surprising selloff of US Treasury bonds—typically considered safe-haven assets—indicating heightened investor anxiety. Trump has…
Gold Reserves in London Stabilize as US Tariff Concerns Ease
According to the London Bullion Market Association (LBMA), gold reserves in London vaults rose marginally by 0.1% to 8,488 metric tons at the end of March. This small increase marks a significant change from previous months when gold was rapidly flowing from London to New York. The shift occurred after…
World Gold Council Shares March Monthly Report
According to the World Gold Council’s latest monthly report, gold reached a record $3,115/oz in March 2025, posting a 9.9% monthly gain despite dollar weakness. This rally was driven by euro strength, tariff-related geopolitical concerns, and strong ETF buying, with US funds leading at $6 billion (67 tons) in net…