UBS has raised its gold price target to $3,200 per ounce, up from a previous projection of $3,000, citing stronger retail demand for gold-backed exchange-traded funds (ETFs). The upgrade comes after gold surpassed the $3,000 mark on March 13. Prices have climbed sharply over the past year, rising by nearly 40% as investors seek a … Read more

Gold’s momentum has eased since its record high in April, but the main forces behind the rally — persistent central bank buying and ongoing geopolitical uncertainty — remain intact. Official sector demand stayed strong in May, with central banks adding about 20 tonnes to reserves, and purchases have continued into June. China, in particular, has … Read more

The Federal Reserve’s annual Jackson Hole Economic Symposium will open Thursday evening, August 21–23, 2025, arriving at a consequential moment for global monetary policy and economic forecasting. The gathering brings together central bankers, finance ministers, academics and market participants who will discuss the policy choices shaping inflation, growth and labor markets around the world. All … Read more

Chinese gold producer Chifeng Gold is actively seeking acquisition opportunities around the world but is exercising caution in the face of recent price volatility. The company has expanded rapidly in recent years, growing annual gold production from about 2 tonnes in 2019 to 15.2 tonnes in 2023. This growth reflects production from its mining operations … Read more

Moody’s has warned that President Trump’s proposed tariff policies could undermine the United States’ economic strength and deepen concerns about the federal budget deficit. The credit-rating agency expects higher tariffs to weigh on business investment and consumer confidence, and it warns they could make it harder for the Federal Reserve to justify cutting interest rates. … Read more

Gold and silver market update — May 11, 2026 Key Takeaways The gold/silver ratio shows how many ounces of silver buy one ounce of gold. As of May 11, 2026 it sits at 54.94, down from 62.05 a week earlier. Silver jumped 7.1% to $86.10/oz today while gold was largely unchanged at $4,730. The immediate … Read more

U.S. holiday retail sales rose 3.8% year over year between November 1 and December 24, according to Mastercard SpendingPulse. Shoppers showed a readiness to spend while hunting for value: online sales grew 6.7% and brick-and-mortar sales climbed 2.9%. Strong gains in apparel, restaurants, and electronics signaled healthy consumer demand, supported by a resilient labor market … Read more

Across the United States a new face of food insecurity is emerging: an increasing number of working families who, despite holding steady jobs, are turning to food banks to cover basic grocery needs. That growing reliance reflects the lasting impact of a roughly 23% rise in overall living costs over the past five years, with … Read more

The consensus among major banks for the year-end 2026 gold price ranges from about $5,400 (Goldman Sachs) to roughly $6,300 (J.P. Morgan and Wells Fargo), with UBS at $5,900 and Morgan Stanley near $5,200. As of June 2026, spot gold trades around $4,187/oz — roughly 25% below the January 28, 2026 all-time high of $5,589.38. … Read more

Gold reached its highest level in five weeks, rising roughly 1.3% as markets reacted to growing concerns about looming U.S. trade deadlines and the possibility of higher tariffs. Investors moved toward the metal as a protective asset amid uncertainty over trade policy and its potential economic impact. A softer dollar and lower yields on U.S. … Read more