Could Gold Really Reach $5,000? Goldman Sachs Forecast Explained

featured 86673

Current economic conditions resemble the same mix of factors that have historically powered major rallies in precious metals: persistent inflation, pressure on currencies, and heightened geopolitical risk. Gold has already rallied strongly this cycle—up roughly 38% year-to-date and trading near $3,643 as of September 2024. Against that backdrop, Goldman Sachs has suggested a $5,000-per-ounce gold … Read more

Gold Drops Below $3,250 as Markets React to Trade Breakthrough Hopes

featured 20954

Gold prices fell about 2% on Thursday, closing at $3,222.66 per ounce and marking a two-week low. The pullback followed announcements by President Trump about potential trade agreements with India, South Korea and Japan. News of improved trade prospects raised investor risk tolerance and reduced demand for gold, which is traditionally sought as a safe-haven … Read more

Silver Spot Price vs. Retail: What Investors Should Know

featured 144436

If you’ve ever tried to buy physical silver, you may have noticed that the price you pay is almost always higher than the “silver spot price” quoted online. Knowing why these two prices differ — and what factors drive that gap — helps you make smarter investment choices and avoid surprises. What Is the Silver … Read more

Should You Buy Gold or Silver First? A Guide for New Investors

featured 172220

Key Takeaways For most first-time buyers with $1,000 or more, gold is the best starting point — it offers lower volatility, stronger liquidity, simpler storage, and greater flexibility. Silver is usually the smarter second purchase rather than the first — it can deliver higher upside in a bull market, but its greater volatility makes it … Read more

When Should You Open a Precious Metals IRA?

featured 85898

When planning for retirement, a frequent question is: What is the best age to start a precious metals IRA? The simple answer is to begin as soon as you can. Starting early gives your investment more time to grow and offers greater flexibility to ride out market volatility. Why Precious Metals IRAs Matter A precious … Read more

World Silver Survey 2025: Global Market Outlook and Trends

featured 69000

The Silver Institute’s World Silver Survey 2025 outlines another year of notable deficit for silver, marking the fifth consecutive annual shortfall. The detailed 92-page study reports a global deficit of 148.9 million ounces for 2024, down from 200.6 million ounces in 2023. At the same time, industrial demand climbed to a record 680.5 million ounces, … Read more

Stronger Jobs Report and Rising Yields Push Gold Lower

featured 85246

On Friday, spot gold eased to $3,357.25 an ounce (down 0.3%) after U.S. jobless claims fell for the sixth consecutive week — the longest streak of declines since 2022. The persistent improvement in the labor market reinforced expectations that the Federal Reserve will hold interest rates steady at next week’s meeting. Following the jobs data, … Read more

Why Retailers Can’t Keep Tariff Costs from Shoppers for Long

featured 60754

May’s Consumer Price Index report is set to reveal the first clear effects of recent import tariffs on U.S. consumers. Overall inflation remained modest with a 0.2% rise month‑over‑month, but core inflation — which excludes volatile food and energy prices — is expected to climb 0.3%, the largest monthly gain in four months. The timing … Read more

Trump Signals Possible Tariffs on China Over Russian Oil Imports

featured 86002

President Trump indicated he might impose new tariffs on China in response to China’s purchase of oil from Russia, following a recent decision that doubled tariffs on certain Indian goods. No final decision has been announced, and Mr. Trump said such measures “may happen.” If implemented, additional tariffs could increase tension in U.S.-China trade relations … Read more