Why Gold Rallys When Hormuz Reopens — and Why It Fades

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Gold and silver market update — April 28, 2026 Key Takeaways Iran’s army confirmed it is “still in a war situation.” The latest Hormuz proposal collapsed. Brent topped $112. Gold fell about 2% to $4,570 — its lowest level since late March. Gold is sliding not because investors have lost faith in the metal but … Read more

How the Hunt Brothers Sparked the 1980 Gold Price Crisis (Part I)

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Forty-four years ago a pivotal change occurred in the metals markets: for the first time in American history, gold and silver were decoupled from the U.S. dollar. That shift helped set the stage for one of the most significant precious metals bull markets in modern times. Below, we summarize recent developments influencing gold and silver, … Read more

Regional Banks Face Twin Risks: Hidden Losses and Recession Threat

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Small U.S. banks are confronting a dual risk: substantial unrealized losses on securities and the potential for loan deterioration if an economic slowdown or recession materializes. Policies that could expand the federal budget deficit—such as trade tariffs or other measures promoted by President Trump—may amplify pressures on these institutions by contributing to higher interest rates … Read more

Why the Current Gold Rally Is Different From the 1980s Boom

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Gold prices have surged to record levels, hitting $3,167.57 per ounce last week. The metal is up about 16% so far this year, following a strong 27% gain in 2024. Analysts drawing comparisons with the gold boom of the 1980s note important differences that suggest the current rally may be more durable. The present upswing … Read more

Gold Hits Fourth Straight Record as Markets Brace for Trump Tariffs

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Global stock markets rose Tuesday as investors awaited President Trump’s planned “Liberation Day” tariff announcement on April 2, while gold climbed to a fresh record high of $3,148.88 per ounce. Safe-haven assets strengthened: Treasury yields fell, and both the Japanese yen and Swiss franc held their ground. In Europe, equities were up about 0.9% by … Read more

OPEC+ Poised to Raise Oil Output as Prices Hover Near $66

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Oil prices held steady on Tuesday as traders weighed two opposing influences: a likely OPEC+ production increase scheduled for early July and ongoing U.S. trade talks that could affect global demand. Brent crude rose slightly to $66.79 per barrel, while West Texas Intermediate (WTI) increased modestly to $65.15. Market participants expect OPEC+ to announce an … Read more

Gold Pauses After Record Rally but Eyes Weekly Gain

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Gold eased 0.5% on Friday, settling at $3,030.81 as some investors booked profits after the metal achieved three consecutive record highs. A firmer U.S. dollar, which rose about 0.2%, contributed to the pullback by making gold relatively more expensive for holders of other currencies. U.S. gold futures also retreated modestly, dipping around 0.2% to $3,037.70. … Read more

Cooling Job Market Stalls Wage Recovery: What Workers Should Know

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Four years after the inflation spike that followed the pandemic, American paychecks still lag behind consumer prices. While wages have risen since early 2021, they have not kept pace with the cumulative increase in prices, leaving a persistent shortfall in workers’ real purchasing power. Bankrate’s Wage To Inflation Index shows the current gap at -1.2 … Read more

Trump’s Tariff Turmoil Sends Investors Scrambling for Safe Havens

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According to Michael Widmer, head of metals research at Bank of America, the recent gold rally has been driven largely by tariff-related fears and growing economic uncertainty. Widmer and his team forecast that gold could reach $3,500 per ounce within the next 18 months. While gold has been appreciating steadily for years, the pace of … Read more

US Economy Slips Into Recession? Q1 GDP Falls 0.3%

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For the first time since early 2022, the US economy has recorded negative growth. Data from the Bureau of Economic Analysis show that gross domestic product (GDP) fell at an annualized rate of 0.3% in the first quarter of 2025, missing economists’ expectations. The decline reflects weaker domestic demand and other factors that weighed on … Read more