Oil prices held near $73 a barrel as markets waited for President Trump’s decision on whether to include crude oil in proposed 25% tariffs on imports from Canada and Mexico. Traders and energy firms have been closely watching the announcement because any change in tariff policy could reshape regional flows, refinery economics and consumer fuel … Read more
During a recent Bloomberg TV interview, Morgan Stanley’s Metals and Mining Commodities Strategist Amy Gower said gold could reach $3,400 per ounce in 2025. Gower pointed to two main drivers behind the metal’s strength. The first is sustained physical demand, which gained momentum in 2022 when central banks around the world stepped up gold purchases … Read more
The World Gold Council reported that global gold demand, including over-the-counter trading, rose 3% year-on-year to 1,248.8 metric tons in Q2 2025. Investment demand surged 78% as exchange-traded funds recorded their largest semi-annual inflows since 2020, helping to offset a 14% decline in jewellery consumption. Higher prices discouraged buyers in China and India, driving global … Read more
Global stock markets fell sharply on Friday after President Trump announced 25% tariffs on imported autos, sparking renewed fears of an escalating trade war. The tariff news prompted investors to seek safer assets, pushing gold to fresh record highs as demand rose for protection against mounting economic and geopolitical risks. Asian markets were particularly hard … Read more
Gold and silver market update — May 13, 2026 Donald Trump’s first visit to China since 2017 has become more than a political headline — it is now a pivotal event for gold and silver markets. This morning brought together several forces that matter directly to precious metals: a live squeeze in rare earth supplies, … Read more
Gold has been regarded as a safe haven for thousands of years. But how effective is it as a true hedge? A hedge is an asset that tends to gain when other holdings decline. For example, an investor holding common stocks might also keep some gold because historically it has shown strength during severe stock … Read more
Uganda has opened its first large-scale gold mine: the $250 million Wagagai Gold Mining Project in Busia District, a Chinese-owned operation that marks a major shift in the country’s approach to mining. The new facility will process roughly 5,000 tons of ore each day and is expected to produce about 1.2 metric tons of refined … Read more
Recent volatility in the Treasury market has been driven largely by concerns about the level of foreign investor support. Some market participants worry that rising geopolitical tensions and trade disputes could prompt foreign holders to reduce their Treasury positions, triggering price declines and higher yields. Foreign investors currently hold roughly 30% of outstanding U.S. Treasuries, … Read more
Gold and silver market update — May 5, 2026 Key Takeaways May 8 Nonfarm Payrolls consensus is 49,000 — a steep drop from March’s 178,000. The size of that gap matters. Weak jobs alongside sticky inflation would confirm stagflation and is the most powerful near-term bullish catalyst for gold. Structural drivers — roughly $1 trillion … Read more
Gold fell 0.8% on Tuesday, settling at $3,314.52 per ounce, as signs of easing tensions in US-China trade relations reduced safe-haven demand. U.S. Treasury Secretary Scott Bessent said trading partners had put forward “very good” proposals to avoid U.S. tariffs, and China showed willingness to lower tensions by exempting some American goods from retaliatory measures. … Read more