Physical Gold Rush Hits NY Markets Ahead of Potential Tariffs
A dramatic surge in physical gold demand is reshaping precious metals markets as traders scramble to secure bullion ahead of President Trump’s potential 25% tariffs. This has pushed gold prices to an all-time highs and creating notable price disparities between London and New York markets, with spreads reaching up to $50 per ounce for gold […]
Beyond Interest Rates: Gold's Price Finds New Drivers
Gold’s price dynamics have undergone a fundamental transformation since 2022, breaking its long-standing correlation with real interest rates as the precious metal surges to record highs of $2,798 per ounce. This structural shift began with Russia’s invasion of Ukraine and the subsequent Western sanctions, which prompted many central banks to reconsider their dependence on US […]
London's Gold Pool Shrinks: Banks Scramble as US, China Drain Supply
London’s gold market is facing a critical transformation as its traditional role as the global gold trading hub comes under pressure from multiple directions. The crisis stems from a surge in US-bound gold shipments coinciding with China’s ongoing accumulation, creating a two-way drain on London’s physical gold reserves. This situation has exposed the fragility of […]
Tariff Fears Trigger Massive Gold Flow from Switzerland to US
December saw a dramatic shift in global gold flows as Switzerland, Europe’s primary refining hub, exported 64.2 tons of gold to the United States – the highest volume since Russia’s invasion of Ukraine and an eleven-fold increase from November levels. This surge, valued at nearly $6 billion, was primarily driven by traders’ concerns about potential […]
Trump Threatens 100% Tariffs if BRICS Challenges Dollar Dominance
President Trump has escalated his stance against BRICS nations’ currency ambitions, threatening to impose 100% tariffs on countries that attempt to challenge the US dollar’s global dominance. This warning, posted on Truth Social, mirrors his November statement and comes at a crucial time when BRICS membership has expanded to include Egypt, Ethiopia, Iran, the UAE, […]
Gold Passes $2,800 Mark as Trade Tensions Drive Safe-Haven Rush
Gold prices hit a historic high of over $2,800 as investors sought safe-haven assets amid escalating trade tensions. The precious metal gained over 6% this month, driven by President Trump’s renewed threats of 25% tariffs on Mexican and Canadian imports. Market experts, including WisdomTree’s Nitesh Shah, suggest this rally could maintain momentum as long as […]
Gold Breaks $2,800 Ceiling Amid Trade War Tensions
Gold prices surged to a historic peak above $2,800 per ounce, driven by a perfect storm of market uncertainties. President Trump’s announcement of impending 25% tariffs on Mexican and Canadian imports, coupled with additional threats toward China, has intensified fears of a broader trade conflict. This market anxiety, combined with concerns about US fiscal policy […]
Futures Rise After Apple Boosts Sentiment; Looming Trump Tariffs Send Gold To All Time High
Futures Rise After Apple Boosts Sentiment; Looming Trump Tariffs Send Gold To All Time High US equity futures are higher this morning on the last day of a volatile week, amid healthy earnings results post market close yesterday. As of 8:00am, S&P futures are up 0.5%, while Nasdaq futures gain 0.8% with AAPL up +3.5% […]
ECB Cuts Rates For The Fifth Time By 25bps As Expected, Signals More Rate Cuts
ECB Cuts Rates For The Fifth Time By 25bps As Expected, Signals More Rate Cuts As we noted in our preview, and as widely expected, the ECB cut rates by 25bps as expected, its 5th consecutive rate cut since the central bank launched its easing cycle in June 2024. Specifically, the interest rates on the […]
Fed Holds Rates Steady as Trump Fumes Over Powell's Patience
The Federal Reserve voted unanimously to maintain interest rates at 4.25-4.50%, signaling a pause in its recent rate-cutting cycle amid uncertainty over President Trump’s economic policies. Fed Chair Powell emphasized there’s “no hurry” to adjust rates unless labor markets weaken or inflation pressures ease, prompting an angry response from Trump on social media. The decision […]