Apollo Economist Predicts 90% Chance of Tariff-Driven Recession in 2026

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Apollo Global Management’s chief economist warns there is a high likelihood—about 90%—that the United States could enter a “Voluntary Trade Reset Recession” if new tariff policies tied to the Trump administration are implemented. This term refers to an economic slowdown driven by deliberate changes to trade barriers that reduce imports, disrupt supply chains and raise … Read more

Gold Tops $2,900 as New Trade Tensions Spur Rally

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Gold climbed to a record peak of $2,942 per ounce as markets reacted to President Trump’s announcement of 25% tariffs on steel and aluminum imports. The move pushed investors toward safe-haven assets, with the yellow metal outperforming many other asset classes amid heightened uncertainty over global trade policies. U.S. steelmakers saw their shares rise on … Read more

Gold Holds Steady at $2,915 Amid Trade War Tensions and Recession Signals

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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

North American Trade Disrupted as Trump’s 25% Tariffs Take Effect

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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

Sovereign Gold Coins: Understanding Purity Levels and Value

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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

Silver Soars as Banks Forecast $5,000 Gold by 2026

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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

Trump Announces 25% Tariffs on Mexico and Canada Effective March 4

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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

Precious Metals Slide 2% Weekly as China Tensions Escalate

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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 Nears $3,000 as Central Banks Boost Reserves

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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 Steady Above $3,400 as Dollar Continues to Slide

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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