Tariffs vs. Treasuries: What’s Pressuring Gold Prices Now
Gold edged lower this week, driven by a spike in U.S. 10-year Treasury yields after President Trump introduced aggressive new tariffs targeting major Asian trade partners. The move—intended to force renegotiation of trade deals—raised concerns about slowing global growth and potential retaliatory moves from China. While rising yields typically reduce…
Central Banks Sound Alarm: Nearly Half See U.S. Debt Restructuring as Realistic Possibility
A UBS survey of nearly 40 central banks reveals significant concerns about U.S. financial stability. Almost half believe a U.S. debt restructuring is possible, while two-thirds worry about Federal Reserve independence amid criticism from President Trump and White House officials. Despite these concerns, 80% expect the dollar to remain the…
Investing in Precious Metals: How It Works and Why It Matters
In uncertain markets, gold and silver stand the test of time. Discover why savvy investors turn to precious metals for inflation protection, crisis resilience, and long-term portfolio stability. Learn how to get started with physical assets, ETFs, or mining stocks—and why now might be the smartest time to invest.
Goldman Sachs Expects Another OPEC+ Superhike In September
Goldman Sachs Expects Another OPEC+ Superhike In September Authored by Tsvetana Paraskova via OilPrice.com, The OPEC+ producers are expected in August to agree on another superhike in production for September that would complete the unwinding of the 2.2 million barrels per day (bpd) output cuts, Goldman Sachs said after the alliance surprised the market with […]
Gold-Backed Crypto Tokens See Explosive Growth
Gold’s 27% price surge since late 2024 has sparked massive interest in gold-backed cryptocurrency tokens. The two dominant players, Tether’s XAUT and Paxos’ PAXG, control 85% of the $2.05 billion tokenized gold market. XAUT saw explosive 172% growth in holders, jumping from 3,104 to 8,466 wallets, while PAXG grew 38%…
Gold Retreats to $3,310 as Trade Deal Extensions Signal Reduced Market Tensions
Gold retreated from recent gains, falling to around $3,310 per ounce as markets digested mixed signals from ongoing trade negotiations. The precious metal’s decline reflects reduced safe-haven demand as multiple US trade partners work toward agreements, with Treasury Secretary Bessent suggesting a potential three-week extension beyond the July 9 deadline…
Trump Sets August 1 Deadline for New Tariffs as BRICS Nations Push Back
President Trump announced a 10% additional tariff on countries that align with “Anti-American policies of BRICS” during the bloc’s summit in Brazil. Though Trump didn’t define these policies, experts believe he’s targeting BRICS’ push to reduce dependence on U.S.-led financial systems and the dollar. BRICS leaders responded by criticizing “unjustified…
BRICS Nations Criticize Rising Tariffs as Trump Threatens 10% Penalty
The BRICS nations met in Brazil for a two-day summit where they criticized rising tariffs and military actions in the Middle East, without directly naming the U.S. or President Trump. Key leaders Xi Jinping and Vladimir Putin were notably absent from the in-person meeting. The group condemned attacks on Iran…
Tariff Time Again: Trump Sends Trade Letters Ahead Of Deadline, Threatens 10% Tariff On BRICS-Aligned Nations
Tariff Time Again: Trump Sends Trade Letters Ahead Of Deadline, Threatens 10% Tariff On BRICS-Aligned Nations Trade tensions are once again front and center for investors as President Trump’s tariff deadline looms. On Sunday night, the president announced that the U.S. will begin sending tariff letters to major trading partners, warning of levies on countries that […]
Gold Drops to One-Week Low While Trade Negotiations Enter Final Days
Gold experienced a notable decline on Monday, falling 0.9% to $3,303.93 per ounce amid dollar strength and trade uncertainty. The dollar’s 0.2% rise against other currencies made gold more expensive for international buyers, contributing to the pullback. Strong U.S. economic data, including solid job growth, has reduced expectations for immediate…