Fed Keeps Rates Steady Despite Trump’s Calls to Oust Powell

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Federal Reserve officials are continuing to resist calls to lower interest rates despite public pressure from President Trump, who has repeatedly urged a rate cut and even demanded the “termination” of Fed Chair Jerome Powell. New York Fed President John Williams has been explicit that he does not see a need to change policy in … Read more

Gold Drops Below $4,000 as AI Bubble Concerns Surge

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Daily News Nuggets | Today’s top stories for gold and silver investors November 4th, 2025 Is the AI Boom Built on Hype or Hard Numbers? The AI sector reached a headline-grabbing milestone last week when Nvidia’s market value climbed to $5 trillion, making it the first company to hit that level and representing roughly 8% … Read more

Gold Retreats as US and China Reach New Trade Agreement

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Daily News Nuggets | Today’s top stories for gold and silver investors October 27, 2025 Inflation at 3%, Fed Plans to Continue with Rate Cuts Consumer prices rose 3.0% in September, slightly below the 3.1% economists had expected, offering markets a modest relief from downside risks. Gasoline was the main monthly driver, rising 4.1% as … Read more

Markets Rally After US and China Agree on 90-Day Tariff Cut

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Global markets climbed after the United States and China agreed to a 90-day tariff reduction following weekend negotiations in Switzerland. European stock indices opened higher on Monday, with France’s CAC 40 and Germany’s DAX both rising by more than 1%. US futures also advanced, and the Nasdaq Composite gained nearly 2% in early trading. Officials … Read more

Do the IRS Tax Gold and Silver Differently? What You Need to Know

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Important note: GoldSilver is not a tax or legal advisor. This article is for educational purposes only and should not be considered tax advice. Always consult a qualified tax professional regarding your individual situation. Many investors assume gold and silver face different tax treatment. Gold is commonly thought of as “real money” — a long-standing … Read more

Pound Slips Against Yen as Tech Stocks Trigger Market Sell-Off

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Sterling came under notable pressure against traditional safe-haven currencies on Monday, with the pound sliding about 1% versus the Japanese yen to 192.71. Against the US dollar, the pound held up better, registering a modest gain of 0.24% to trade around $1.2511. These moves reflect broader market uncertainty. Traders reacted to a sharp sell-off in … Read more

BEA Cut Silverware From GDP Estimates: What That Means for You

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Gold and silver market update — April 30, 2026 Key Takeaways The BEA removed investment silver from GDP trade data for the third consecutive quarter, indicating physical silver flows have reached a scale that affects official statistics. COMEX registered silver has remained below the 15% coverage-ratio stress threshold for six months. First Notice Day passed … Read more

Recession Fears Push Gold Higher as Banks Raise Targets to $3,500+

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Goldman Sachs and UBS have issued sharply more optimistic forecasts for gold, lifting their price targets as investor interest in the metal strengthens. Goldman Sachs now projects gold will reach $3,700 per ounce by the end of 2024 and climb to $4,000 by mid-2026. UBS is similarly bullish, forecasting $3,500 per ounce by December 2025. … Read more

Why Gold Is Dropping Today — Why $4,500 Still Holds

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Why is gold falling today? As of May 26, 2026, gold is trading at $4,500.32, down 0.23% on the session. Silver is moving higher, up 0.73% at $76.15. Short-term drivers for gold’s decline are familiar: stalled U.S.-Iran peace talks, a more hawkish Federal Reserve tone, and a stronger U.S. dollar. Those factors explain today’s move, … Read more

Goldman Sachs: Why the US Dollar May Surge Despite BRICS Moves

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Goldman Sachs analysts predict a potential surge in the US dollar that could hinder BRICS’ efforts to reduce reliance on the greenback. Strategists Karen Reichgott Fishman and Lexi Kanter argue that tariffs likely under a Trump administration would tend to strengthen the dollar, making long positions on USD assets particularly attractive to investors. Although protectionist … Read more