Gold prices edged lower after briefly reaching a one-month high as markets concentrated on upcoming trade talks and the approach of President Trump’s August 1 tariff deadline. Traders continued to weigh the potential economic impact of renewed tariffs against hopes that talks could ease trade tensions. The U.S. dollar held relatively steady, which curtailed some … Read more

Indian jewelry retailer Kalyan Jewellers is forecasting strong growth above 25% this year as it accelerates expansion with plans to open 160 new stores. The company attributes this momentum to shifts in consumer behavior and a strategy focused on scaling its retail footprint across key markets. Customers are increasingly favoring well-known retail chains over independent … Read more

Gold finished the week down nearly 1%, slipping beneath its 50-day simple moving average (around $3,341). This technical breach marks a short-term shift toward a bearish bias, ending the recent support that had been holding prices and putting near-term downside targets in focus near $3,310, $3,282 and $3,244. The U.S. Dollar Index rebounded after stronger-than-expected … Read more

The Federal Reserve has increasingly emphasized “uncertainty” in its public statements. Chair Jerome Powell used the term 22 times following the most recent interest-rate decision, and other Fed officials have repeated the theme in their remarks. Much of this uncertainty is linked to proposed tariffs from the Trump administration. These trade measures complicate the Fed’s … Read more

The Trump administration announced a 50% tariff on all imported copper, triggering a sharp market reaction: copper futures plunged as much as 18% in after-hours trading. Shares of copper mining companies tumbled alongside the metal’s price drop, reflecting investor concerns about demand and profit margins. The tariffs are being presented as a measure to protect … Read more

Key Takeaways The SILVER Act — the System Integrity through Licensed Vault Expansion and Resilience Act — is bipartisan federal legislation introduced in the U.S. Senate on May 21, 2026 by Senators Jim Risch (R‑ID) and Catherine Cortez Masto (D‑NV). A House companion, H.R. 8007, was introduced in March 2026. Under longstanding exchange practices dating … Read more

Despite a recent pullback in prices, Goldman Sachs has raised its gold forecast to $3,100 per troy ounce by the end of 2025, reflecting roughly an 8% increase from current levels. The firm’s bullish outlook is largely driven by robust central bank buying. Since the freezing of certain Russian assets in 2022, many countries have … Read more

Recession concerns on Wall Street are growing as several economic indicators now point toward an increased likelihood of an economic downturn. Goldman Sachs has raised its 12-month recession probability from 15% to 20%. A recent Bank of America survey found that 55% of fund managers see a global recession triggered by trade tensions as the … Read more

Gold prices climbed 0.4% to $3,287.29 per ounce on Monday, buoyed by a softer U.S. dollar that slipped to its weakest level in over three years. The precious metal has gained about 5.3% so far this quarter as investors position for expected Federal Reserve rate cuts, currently anticipated to begin around September. Market attention is … Read more

The euro zone reached the European Central Bank’s inflation target in June, as consumer prices rose 2.0% year-on-year according to Eurostat’s flash estimate. That result is a slight rise from May’s 1.9% reading and brings headline inflation in line with the ECB’s objective. Core inflation, which strips out volatile energy and food components, held steady … Read more