Gold has held steady near $2,915 an ounce amid mixed market signals and heightened uncertainty. Conflicting comments from President Trump about tariffs on Canadian steel and aluminum — initially saying they would double to 50% before quickly backtracking — have added volatility to markets. Such uncertainty typically supports demand for gold as a safe-haven asset, … Read more
President Trump’s newly announced tariffs — a blanket 25% duty on most goods imported from Canada and Mexico, with a reduced 10% rate for energy products such as oil and natural gas — took effect Tuesday after he declared there was “no room left” for further negotiation. The president reiterated that companies can avoid these … Read more
There are several levels of purity in the gold investment market. The most important factor for investors is the actual amount of pure gold, by weight, contained in the coin you buy — not the other metals used to alloy it. That pure gold weight will determine resale value. Purity indicates the percentage of a … Read more
Daily News Nuggets | Today’s top stories for gold and silver investors December 1st, 2025 Silver Hits Fresh Record (Over $57/oz) as Supply Squeeze Tightens Silver reached a new all-time high of $57.86 per ounce on Monday morning, extending a rally that has pushed the metal nearly 90% higher year-over-year. While traders price in roughly … Read more
President Trump has reiterated his intention to impose 25% tariffs on all imports from Canada and Mexico, originally set to take effect on March 4, while indicating the start date could be pushed back to April. The renewed announcement follows an earlier, temporary retreat from comparable tariff threats earlier this month. Though the administration briefly … Read more
Gold prices slipped below $3,300 per ounce this week, pushing the metal toward a near 2% weekly decline as investors awaited a raft of important U.S. economic data. Market participants were focused on upcoming reports on inflation, consumer spending and wage growth, which traders expect will clarify how recent trade policies are influencing the U.S. … Read more
Gold’s rally shows no signs of slowing as the precious metal moves closer to the symbolic $3,000 level, supported by several key factors. Recent diplomatic developments — including talks between President Trump and President Vladimir Putin aimed at resolving the Ukraine conflict — helped push the euro higher while weighing on the US dollar. A … Read more
Gold prices are holding near record levels as a softer U.S. dollar supports further gains. Despite strength in equity markets, bullion has remained resilient around the $3,400 mark. Investors are finding appeal in gold as the dollar’s recent weakness reduces the cost for buyers using other currencies, helping sustain demand. Market analysts note that this … Read more
Goldman Sachs has raised its long-term outlook for gold, now forecasting a rise to $4,000 per ounce by mid-2026 and $3,700 per ounce by the end of 2025. The bank attributes the stronger outlook to ongoing central bank and institutional demand, which continues to underpin the market. Goldman notes that central bank purchases remain robust, … Read more
Gold prices remained strong on Wednesday, trading at $3,128.62 an ounce after hitting a record high of $3,148.88 on Tuesday. Investors are watching President Trump’s tariff announcement, scheduled for 2000 GMT, which he has promoted as “Liberation Day.” Proposed tariffs affecting multiple countries could slow global growth and heighten trade tensions. The metal has become … Read more