Record Gold Deliveries Hit US as Banks Rush to Beat Tariffs
JPMorgan Chase, the world’s largest bullion dealer, is spearheading an unprecedented movement of gold to US markets, planning to deliver over $4 billion in bullion against February Comex futures contracts. This massive delivery, part of a total 3 million troy ounces from major banks, represents the second-largest delivery in exchange history since 1994. The unusual […]
Chinese Buyers Swap Property for Gold as Economy Slows
Chinese consumers’ strong demand for gold helped drive prices to record highs in 2024, particularly in Shubei’s massive retail market. While general consumer spending and jewelry purchases declined amid China’s economic slowdown, gold remained attractive as a wealth preservation tool, with sustained demand for bars and coins. The persistent demand for gold bars and coins […]
Gold Steadies Near $2,800 as Tariffs Spark Safety Rush
Gold recovered from early losses to trade near $2,800/oz as safe-haven demand from Trump’s new tariffs offset pressure from a stronger dollar. Despite initially dropping over 1%, prices stayed close to Friday’s record high of $2,817.23 as investors sought protection from potential trade war impacts. Analysts expect gold to reach $2,850 in coming months amid […]
Gold Steadies Near Peak as Trade Wars Loom
Gold prices are holding steady near record highs as markets grapple with opposing forces: escalating trade tensions driving safe-haven demand versus a surging dollar dampening buying interest. Trump’s announcement of tariffs (25% on Canada/Mexico, 10% on China) has triggered global retaliation threats and market uncertainty, typically positive for gold. However, the dollar’s jump to two-year […]
Gold Hits New Record High; Dear Jerome Powell, Is Everything Under Control?
Gold Hits New Record High; Dear Jerome Powell, Is Everything Under Control? Authored by Mike Shedlock via MishTalk.com, Gold does not believe the Fed has things under control and neither do I. Image from Trading Economics, Annotations by Mish. Gold Hits Record High on Safe-Haven Demand Amid Tariff Threats Reuters reports Gold hits record high on […]
Former Federal Reserve Adviser Arrested For Allegedly Passing US Trade Secrets To China
Former Federal Reserve Adviser Arrested For Allegedly Passing US Trade Secrets To China Authored by Eva Fu via The Epoch Times, Prosecutors on Jan. 31 arrested a former senior Federal Reserve advisor, accusing him of stealing trade secrets from the agency that could allow China to manipulate the U.S. market. John Harold Rogers, 63, worked […]
Is Trump’s “Golden Age” ACTUALLY Good for Gold ?
It’s the golden age, and President Donald Trump’s new tariffs has the country on edge, while he’s visioning a “golden age” for America, but how good will it be ? For more information call 1.855.906.6381 or visit https://guildhallwealth.com/ Read More
Gold Imports from Switzerland Up 1,100% on Trade Concerns
Gold shattered all previous records this week, surging past $2,800 as President Trump’s aggressive trade stance rattles global markets. The combination of potential 25% tariffs on Mexican and Canadian imports, Chinese trade tensions, and domestic policy uncertainty has created ideal conditions for precious metals.
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 high of $2,853.20 and created notable price disparities between London and New York markets, with spreads reaching…
Gold Imports from Switzerland Up 1,100% on Trade Concerns
Gold shattered all previous records this week, surging past $2,800 as traders race to beat potential tariffs.