During a recent “Money Movers” interview, Max Layton, Citi Group’s global head of commodities, highlighted several notable market developments. Citi has raised its three-month gold price target, reflecting growing confidence in gold’s short-term prospects. Layton explained that a combination of geopolitical uncertainty and policy shifts is boosting demand for safe-haven assets, which underpins the bank’s … Read more

The U.S. services sector contracted in May for the first time in nearly a year, according to the Institute for Supply Management. The ISM services index fell to 49.9% from April’s 51.6%, sliding below the 50% mark that separates expansion from contraction. While services firms generally have less direct exposure to international trade than manufacturers, … Read more

Silver has just reached a milestone: it surpassed $60 for the first time in history, breaking a long-standing psychological barrier. This move is more than a routine commodity swing — it reflects structural changes that have market participants wondering whether $75 or even $100 could be next. The jump above $60 reflects shifts in industrial … Read more

Most investors don’t lose money because they picked the wrong stock or mistimed the market. They lose money because they never learned how to choose investments in the first place. Last year was marked by volatility, political tension, and constant financial noise. You don’t need another hot tip or a complicated strategy. What you need … Read more

Gold prices remain near record highs as markets weigh conflicting influences: heightened trade tensions that boost demand for safe-haven assets, and a stronger U.S. dollar that curbs buying interest. President Trump’s tariff announcements—proposing 25% duties on Canada and Mexico and 10% on goods from China—have prompted threats of retaliation and increased market uncertainty, conditions that … Read more

European Central Bank President Christine Lagarde says there is a clear opportunity for the euro to assume a larger role in global finance as confidence in the U.S. dollar softens. Today the dollar remains the dominant global reserve currency, accounting for roughly 60% of official foreign exchange reserves, while the euro represents about 20%. With … Read more

Daily News Nuggets | Today’s top stories for gold and silver investors December 3rd, 2025 Bank of America “US Dollar Out, Gold In” Bank of America’s investment strategy team published a clear framework for the macro rotation underway — a before-and-after view of what drove returns in the first half of the decade versus what … Read more

America’s economy is increasingly divided between two distinct tracks. The top 10% of households—those with annual incomes above $250,000—now account for half of all consumer spending and roughly one-third of GDP, according to Moody’s Analytics. That level of spending concentration is the highest on record since tracking began in 1989 and is nearly double the … Read more

The dollar gained 0.30% today after President Trump announced a comprehensive trade agreement with the United Kingdom, easing concerns about global trade tensions. The currency’s strength was further supported by better-than-expected US jobless claims and a rise in first-quarter unit labor costs. In response, gold prices fell 0.84% to $3,366.13 per ounce as a stronger … Read more

DeepSeek’s recent breakthrough in cost-efficient AI model training has reverberated across financial markets, putting pressure on semiconductor and technology stocks. The Chinese firm says it trained a competitive large language model for roughly $6 million, a fraction of the reported costs of other industry leaders—OpenAI (around $78 million) and Google (around $191 million). If accurate, … Read more