Gold Rally Hits Longest Streak Since February
Gold held its longest winning streak since February, climbing over 3% in just four sessions amid mounting concerns about the U.S. economy. Weak data on the services sector, labor market, and consumer spending are reinforcing fears of a slowdown, largely blamed on ongoing tariffs. This has fueled speculation that the…
Record Gold Pours Into Shanghai as Traders Exploit Futures Gap
Gold inflows into Shanghai Futures Exchange warehouses have hit a record high, driven by traders exploiting the gap between high-priced futures and cheaper spot gold. With futures trading at a premium amid strong speculative demand, banks and traders are delivering physical gold to the exchange to profit from arbitrage. World…
Gold Fields to Industry: Majors Must Step Up in Gold Exploration
At the Diggers and Dealers conference in Australia, Gold Fields’ VP of greenfields exploration, Matthew Crawford, urged major gold companies to take greater responsibility in early-stage discovery, traditionally led by junior miners. He emphasized that the gold sector isn’t discovering enough new ounces and that seniors must “”lean in”” with…
The Cup, the Handle, and Gold’s ‘Final Third’ Phase
A fascinating chart overlay shows gold following the exact 1970s pattern. If history rhymes, we’re about to see something unprecedented.
Gold slips 0.5 % as Investors Await Fed Appointment
Gold prices slid about 0.5 % on Wednesday as yields on 10‑year U.S. Treasuries rebounded after four days of declines, making the non‑yielding metal less attractive. Spot gold dropped to about $3,362.54 per ounce while U.S. gold futures fell to $3,417.30. Investors are waiting to see who President Donald Trump will…
Shocking, Record Explosion In Student Loan Delinquencies Marks The Start Of Next Debt Crisis
Shocking, Record Explosion In Student Loan Delinquencies Marks The Start Of Next Debt Crisis Total household debt rose by $185 billion in the second quarter of 2025, a 1% rise from Q1 2025. Balances now stand at $18.39 trillion and have increased by $4.24 trillion since the end of 2019, just before the pandemic recession. […]
World Gold Council Highlights Complex Factors Influencing Gold’s Inflation Hedge Status
An analysis by the World Gold Council reveals that the relationship between gold prices and the U.S. Consumer Price Index (CPI) is surprisingly weak. Since 1971, only 16% of the variation in gold prices can be explained by changes in CPI inflation. The report suggests that gold’s appeal as an…
Sub-Saharan African Central Banks Face Risks in Expanding Gold Reserves
A report by BMI, a unit of Fitch Group, highlights potential risks for sub-Saharan African central banks that have recently increased their gold reserves. Countries like Ghana, Tanzania, and Nigeria have been buying gold domestically amid geopolitical tensions and market volatility. While gold is seen as a strategic store of…
“Russia’s Economy Stinks”: Drop In Energy Prices Will Make Putin “Stop Killing People”, Trump Says
“Russia’s Economy Stinks”: Drop In Energy Prices Will Make Putin “Stop Killing People”, Trump Says “If energy goes down enough, Putin is going to stop killing people,” President Trump said in a fresh interview on CNBC Tuesday. “Putin will stop killing people if we get energy down another $10 a barrel. He’ll have no choice […]
Gold Prices Stabilize After Two-Day Rally Fueled by Weak U.S. Job Data
Gold prices remained steady after a two-day rally fueled by weak U.S. job data. Spot gold was priced near $3,353 per ounce, down 0.6%, while U.S. gold futures gained 0.2% to $3,407.10. The soft employment report has heightened expectations for a Federal Reserve rate cut in September, with traders assessing…