Dollar Crisis Looms as Trump’s Policies Send Gold Soaring Past $3,400
Trump’s economic policies are driving gold prices higher by undermining confidence in the US dollar. His massive tax cuts are adding $2.5 trillion to the deficit over the next decade, while he pressures the Fed to cut rates and floats ideas about restructuring foreign-held US debt. Despite factors that should…
“Worst Case Outcome”: Mali Places Barrick Gold’s Loulo-Gounkoto Mine Into State Control
“Worst Case Outcome”: Mali Places Barrick Gold’s Loulo-Gounkoto Mine Into State Control A Malian court has ordered Barrick Gold Corp.’s Loulo-Gounkoto mine into six months of provisional administration, transferring control of one of the Canadian firm’s key assets to a state-appointed manager. Judge Issa Aguibou Diallo said Soumana Makadji, an accountant and former health minister, […]
Citi Says Gold Could Drop 20% by 2026
After a remarkable year that saw gold prices surge nearly 30% and hit record highs, Citigroup analysts are calling for a significant pullback in the precious metal. The bank forecasts gold will retreat from its current $3,388 per ounce to a range of $2,500-$2,700 by the second half of 2026….
Gold Has Entered Its Third and Final Stage: Why $10,000 Per Ounce Could Be Coming
For two decades, Mike Maloney has been waiting for this moment. The bestselling author of The Great Gold and Silver Rush of the 21st Century believes gold has just entered the third and final stage of its massive bull market — the stage where it makes its greatest gains in…
Gold Rallies on Iran-Israel Escalation as Investors Seek Safety
Gold prices increased on Tuesday as tensions between Israel and Iran drove investors toward safe-haven assets. Spot gold rose 0.1% to $3,386.29 per ounce. The conflict has escalated to concerning levels, with Jordan’s King Abdullah warning of global threats. Meanwhile, investors are watching the Federal Reserve’s upcoming policy meeting on…
WGC Survey: 76% of Central Banks Plan to Boost Gold Reserves
A World Gold Council survey of 73 central banks reveals a major shift in global reserve preferences. 76% of central banks expect to increase their gold holdings over the next five years, while nearly three-quarters anticipate reducing their dollar reserves. This trend reflects gold’s appeal as a crisis hedge and…
Silver Shines at Highest Price Since 2012 on Perfect Storm of Demand
Silver maintained its position near $36.40 per ounce on Monday, marking the highest price point in 13 years. The rally is driven by three key factors: surging industrial demand from solar panels and electronics, a fifth consecutive year of supply deficits, and increased safe-haven buying due to the Israel-Iran conflict….
Gold Dethrones Euro as World’s #2 Reserve Asset as Central Banks Stockpile Record Amounts
Gold has overtaken the euro to become the world’s second-largest reserve asset after the US dollar, according to a new ECB report. This shift reflects gold’s 60% price surge over the past two years and massive central bank buying, with over 1,000 tonnes purchased in 2024 alone—double the previous decade’s…
J.P. Morgan Raises Gold Forecast to $4,000/oz by Mid-2026 as Safe-Haven Demand Soars
Gold prices have surged 30% in 2025, reaching $3,500/oz in April amid trade uncertainty and geopolitical tensions. J.P. Morgan analysts predict gold will average $3,675/oz by late 2025 and approach $4,000/oz by mid-2026. The precious metal broke through $2,900/oz for the first time in February 2025, driven by U.S. tariff…
Asia Drives 70% of Global Gold Demand as East Reshapes Precious Metals Markets
Asia has become the epicenter of global gold demand, accounting for 70% of annual consumer gold consumption. Led by China and India, which together represent over half of world gold demand, Asian markets are modernizing rapidly through digital platforms, institutional products, and innovative investment channels. Beyond cultural significance, gold is…