Gold Drops from Recent Highs as Trump Says Powell Stays
Gold prices dipped Thursday as the U.S. dollar strengthened, following comments from President Trump stating he does not plan to remove Federal Reserve Chair Jerome Powell. This statement eased investor concerns, pulling gold back after a brief rally sparked by earlier rumors that Trump was considering Powell’s removal. Spot gold…
ING: Gold In Need of a Fresh Catalyst
Gold’s momentum has slowed since its all-time high in April, but the core drivers of the rally—central bank demand and global uncertainty—are still firmly in place. Central banks added 20 tonnes to reserves in May and have continued steady buying into June, with China marking eight straight months of additions….
China’s Gold ETFs Hit Record Inflows as Investment Demand Surges
China’s gold market had a strong first half of the year, with both domestic and international gold benchmarks seeing their best H1 performance in nine years. Despite a slower June, Chinese gold ETFs attracted record inflows of RMB 64 billion (about $8.8 billion), marking the largest semi-annual increase on record….
Why Silver’s 32% YTD Rise Might Just Be the Beginning
Silver just hit $38 — its highest price in 14 years. What’s driving the rally, and why some analysts say much higher prices could be next.
Fed’s Logan: Interest Rates May Stay Higher for Longer Amid Tariff Pressures
Dallas Fed President Lorie Logan said Tuesday that interest rates likely need to stay elevated for a while longer to keep inflation in check—especially as Trump’s tariffs put upward pressure on prices. While inflation hasn’t surged yet due to inventory buffers, Logan emphasized the importance of monitoring data over the…
Gold Rises as Dollar Slips, Eyes Turn to U.S. Producer Price Data
Gold gained modestly Wednesday as a softer U.S. dollar and renewed trade uncertainty gave the metal a lift. The market is watching closely for U.S. producer price inflation data, which could shape the Fed’s interest rate path. So far, gold has repeatedly hit resistance near $3,400 despite rising inflation and…
Record ETF Demand Pushes Silver Prices and Borrowing Rates Higher
Silver ETFs are now at the center of the metal’s bull run, with inflows accelerating amid tightening supply, rising industrial demand, and trade tensions with Mexico. ETFs like SLV and SIVR have attracted massive interest, driving a sharp squeeze in physical silver markets, especially in London. With a 35% YTD…
Gold Revaluation: Trump’s Red Button Option?
Gold Revaluation: Trump’s Red Button Option? Authored by Matthew Piepenburg via VonGreyerz.gold, Could a gold revaluation be on Trump’s mind? Below, we consider the options facing a debt-sick America. A Bug Racing for a Windshield As we’ve been warning for years, the US and USD are a bug rapidly seeking a debt-hard windshield. The trend […]
China Leads Gold Buying as Goldman Eyes $4K Target
Goldman Sachs now expects gold to reach $4,000 per ounce by mid-2026, with a forecast of $3,700 by the end of 2025, driven by continued central bank and institutional buying. According to the bank, central banks have been purchasing an average of 77 tonnes of gold per month so far…
New York Man Charged With Stealing Half A Million Dollars Worth Of Gold Bars
New York Man Charged With Stealing Half A Million Dollars Worth Of Gold Bars Authored by Aldgra Fredly via The Epoch Times, A New York man was charged for allegedly being involved in the theft of more than $500,000 worth of gold bars from an elderly resident in Lancaster County, Pennsylvania, the Ephrata Police Department […]