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

Missed Jobs Report Sends Gold to $4,200 and Silver to $62

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Both metals reclaimed levels not seen since early July. That coincidence masks an important point: understanding why they moved — and why silver outpaced gold — matters more than the raw numbers. As of the morning update, gold traded near $4,206 per ounce, up roughly 3.15% from the Wednesday open, while silver traded near $62.28 … Read more

How Three Changes in Inflation Measurement Altered the Number

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Key Takeaways The Consumer Price Index (CPI) tracks average price changes for a fixed basket of goods and services and is published monthly by the Bureau of Labor Statistics (BLS). Three major methodological updates — Owners’ Equivalent Rent (1983), the geometric mean formula (1999), and hedonic quality adjustments — each tended to reduce the CPI’s … Read more

Gold Holds Near $4,067 as Jobs Data Could Spark Rate Hike

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Key Takeaways: On August 4, 2026, gold traded near $4,067 an ounce, supported by a softer U.S. dollar and steady central-bank purchases, despite lower oil and 10‑year Treasury yields close to an 18‑month high. As of August 4, 2026, CME FedWatch implied roughly a 68% chance of a 25 basis‑point Federal Reserve rate increase in … Read more

Gold and Silver Hold as Bessent Seeks Hormuz Deal, JOLTS Falls

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Five separate developments explain why gold is rising today. Each is a data point in the same, ongoing question: will the Federal Reserve raise interest rates in September, or will it hold? The market’s read on that question keeps shifting, and gold and silver are moving with it. When Hike Odds Fall, Gold Rises Both … Read more