South African Gold Mining Stocks to All-Time Best Month
South African mining stocks posted their strongest monthly performance since records began in 1995, jumping 33% in March on the back of surging gold prices. This exceptional performance shielded South Africa’s benchmark FTSE/JSE All Share Index from global market volatility, allowing it to gain 3.1% for the month and outperform…
Gold Mining Stocks Surge 34% as Precious Metal Hits 18 Record Highs in 2025
Gold just had its best quarter in nearly 40 years, with prices hitting a record $3,150.30 — up 19.3% in the first quarter of 2025. This is the strongest performance since the third quarter of 1986, with 18 record-high closings already this year. Two main factors are driving gold’s surge:…
Investors Flock to Gold as Trump’s Tariff Announcement Approaches
Gold prices hit a record high near $3,150 an ounce at the start of the second quarter, continuing a four-day winning streak. This surge comes as investors seek safe-haven assets amid concerns over President Trump’s planned announcement of sweeping tariffs against all U.S. trading partners on Wednesday. Gold has been…
Gold Soars to Historic $3,148 as Trump’s Tariff Plans Spark Market Anxiety
Gold prices reached an unprecedented high of $3,148.88 on Tuesday, extending their record-breaking rally amid growing investor concerns about global trade tensions. The surge comes as markets brace for President Trump’s Wednesday announcement on reciprocal tariffs targeting all countries with trade imbalances. This price momentum has been sustained by multiple…
Goldman Sachs Forecasts Gold to Hit $3,300 in Late 2025
Goldman Sachs’ Daan Struyven, who leads global commodities research and heads oil research, shares insights on the ongoing gold rally. We raise our end-2025 forecast to $3,300/toz (vs. $3,100) and our forecast rangeto $3,250-3,520, reflecting upside surprises in ETF inflows and in continued strong central bank gold demand. While the…
Economic Pain? Market Concerns About the US Economy May Be Exaggerated
Economic Pain? Market Concerns About the US Economy May Be Exaggerated Authored by Daniel Lacalle, A correction in equity markets tends to generate an immediate negative reaction from citizens, citing political headlines about tariffs and trade as the reasons for equity volatility. However, if markets were scared about the US economy, German and Japanese sovereign bonds would […]
Gold’s Path to $3,400: Morgan Stanley Analyst Points to Dual Growth Drivers
During a recent Bloomberg TV appearance, Morgan Stanley’s Metals and Mining Commodities Strategist Amy Gower says that gold prices could climb to $3,400 per ounce in 2025. Gower identified two primary catalysts behind gold’s strong performance. The first factor is sustained physical demand, which began shifting notably in 2022 when…
Goldman Raises Recession Odds to 35% Amid Trade Tensions
Goldman Sachs has nearly doubled its forecast for the probability of a U.S. recession in the next 12 months, raising it from 20% to 35%. This increase comes as the U.S. approaches the Trump administration’s “liberation day” on April 2, which will clarify upcoming tariff actions and likely trigger international…
Gold Smashes Through $3,100 Barrier, Heading for Strongest Quarter in 38 Years
Gold reached a new all-time high of $3,128.06 per ounce on Monday as investors seek safety amid inflation concerns triggered by upcoming U.S. tariffs. This puts gold on track for its strongest quarter since 1986, with prices already up about 18% this year. This surge follows gold’s impressive 27% gain…
Safe Haven Rush: Gold Hits Record $3,127 Amid Global Trade War Fears
Gold prices surged to an unprecedented high of $3,127.92 per ounce this week, continuing a remarkable bull run that has seen the precious metal gain almost 19% since the beginning of the year. The latest price jump comes as markets react nervously to President Trump’s aggressive trade policies, including a…