Gold Hits 7-Week High After Key Indicator Shift

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For six months the Federal Reserve focused almost exclusively on one task: bringing inflation under control. This morning, a single economic release forced a broader calculation. After the Bureau of Labor Statistics reported the U.S. economy lost 23,000 jobs in July, the price of gold jumped to $4,355 per ounce — a seven-week high. The … Read more

Why 401(k) to Gold IRA Rollovers Lose 20% and How to Avoid

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Key Takeaways A direct rollover from a 401(k) to a gold IRA is tax-free when funds move directly between institutions — no withholding, no penalty, and no taxable distribution. An indirect rollover where the check is made payable to you triggers mandatory 20% federal withholding. You then have 60 days to replace any withheld amount … Read more

After 20 Months of Buying, China Is Moving Its Gold

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Most headlines this year about China’s central bank have carried a simple message: China keeps adding to its gold holdings. That is accurate. But Bloomberg reported on Friday that a subtler, more consequential process is underway beneath that headline: the People’s Bank of China (PBoC) has been moving physical gold into Hong Kong, accelerating a … Read more

How the Jobs Report, Not Iran, Moved Gold and the Fed

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On Friday, gold traded at $4,358 and silver at $64.27 — daily gains of 2.8% for gold and 3.6% for silver. What made the session notable wasn’t just the price moves but the fact that five distinct market developments all pointed in the same direction. That uncommon convergence merits a closer look: what happened, why … Read more

Why Silver Is Outperforming Gold After a 6-Year Deficit

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Last verified August 2026. Silver is currently outpacing gold because a multi-year structural supply deficit has begun to collide with strong industrial demand. Ten years ago, much of that industrial demand barely existed. The market is only now pricing in the effects of that collision. Over the past year silver has risen roughly 62.74% based … Read more

Why the Krugerrand Has No Face Value and What It Means

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Key Takeaways The South African Krugerrand, launched July 3, 1967, was the world’s first gold bullion coin created specifically for private investors. Each 1 oz Krugerrand contains exactly one troy ounce of pure gold within a 22‑karat alloy — 91.67% gold and 8.33% copper — giving the coin both a warm color and increased durability. … Read more

London Fix Reprices Unallocated Gold: Where Your Gold Is Stored

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Key Takeaways The LBMA London Fix — now called the LBMA Gold Price — is the benchmark for unallocated gold delivered in London. This definition comes from the LBMA itself. In an unallocated account you do not own specific bars; you hold a general credit claim against the institution’s metal pool. If the institution holding … Read more

Gold Rallies 6% This Week — Tomorrow’s Key Number Decides

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Gold has risen about 6% this week, closing Wednesday at $4,247 and briefly reaching $4,300 for the first time in seven weeks. That sharp move was driven by a single surprising jobs number released Wednesday morning, growing optimism that oil shipments through the Strait of Hormuz may normalize, and a Federal Reserve facing a genuine … Read more

Polysilicon Tariff Slams Silver’s Largest Industrial Buyer

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Most coverage of the Trump administration’s proposed polysilicon tariff focuses on solar panels and semiconductor chips. That narrow lens misses a key connection: polysilicon sits at the start of a supply chain that ends in silver paste — the conductive material applied to virtually every solar cell. When trade policy reshapes that chain, silver investors … Read more

What Drove Gold and Silver Today — Hormuz, ISM, Hecla, Barrick

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Five independent forces are simultaneously easing the single biggest headwind that has kept gold under pressure: the market’s September Fed-hike premium. As of this afternoon, gold trades near $4,232 and silver around $61.90 — both up more than 4% on the day. Below we explain what is driving each move, why those drivers matter to … Read more