Gold Nears $3,060 as Trade Tensions Drive Precious Metal Rally

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Gold remains near its record high of $3,057.49 per ounce as investors seek shelter amid rising market uncertainty. The prospect of a potential escalation in trade tensions, with the U.S. administration preparing to announce new tariffs on April 2, has pushed many market participants toward the precious metal as a traditional safe-haven asset. Year to … Read more

Silver Bars or Silver Coins: Which Investment Yields More Value?

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If you’re considering adding silver to your portfolio, one of the first choices you’ll face is whether to buy silver bars or silver coins. It seems simple, but each option has distinct advantages and trade-offs that can shape your investment approach. Knowing the differences helps you make an informed decision rather than simply picking the … Read more

Inflation Stabilizes for Now — RBA Warns of Lingering Risks

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Australia’s central bank is closely monitoring inflation risks, even though recent figures show price growth is currently within the target range. Reserve Bank of Australia Governor Michele Bullock warned that elevated labor costs and sluggish productivity could still exert upward pressure on inflation. Although the board is generally aligned on the policy direction, members differed … Read more

What Is a Troy Ounce? Understanding Precious Metal Weight

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The metric system, or International System of Units (SI), is the standard measurement system in most of the world. However, precious metals like gold and silver are traditionally weighed in the troy ounce, a unit that is distinct from the metric system and from the common avoirdupois ounce used in everyday U.S. measurements. What is … Read more

Silver Poised for Breakout as $34 Resistance Faces Test

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Silver prices are nearing a crucial breakout point at $34 per ounce, and many analysts believe that a sustained move above this level could propel the metal toward $40. Traders and investors are watching closely: a decisive close above $34 would be interpreted as a bullish signal that could trigger fresh buying and momentum. Market … Read more

Fed Officials Say No Rush to Cut Rates Amid Economic Uncertainty

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Federal Reserve officials Susan Collins and Raphael Bostic have signaled a cautious, measured approach to further interest-rate cuts, stressing the importance of assessing the economic effects of recent monetary policy moves and new administration actions before committing to additional easing. Since September, the Fed has implemented three rate reductions totaling 100 basis points. Both Collins … Read more

Consumer Confidence Hits 4-Month High as Inflation Worries Ease

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US consumer sentiment climbed to a four-month high in June, reaching an index level of 60.7. This marked the largest monthly increase since early 2024 and signals a meaningful improvement in how households view the economy. A key factor driving the rise in sentiment was an easing of inflation expectations. Consumers now expect prices to … Read more

Fed’s Harker: Rate Cuts Are Coming, Timing Depends on Data

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In his first public remarks since the Federal Reserve’s most recent interest-rate reduction, Philadelphia Fed President Patrick Harker offered a cautiously optimistic yet uncertain outlook for monetary policy. He reiterated his expectation that rate cuts will continue, but stressed that both the timing and the pace of future easing will depend strictly on incoming data … Read more

Harmony Gold Acquires Mac Copper for $1B to Enter Copper Market

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Harmony Gold, South Africa’s largest gold producer, has reached a definitive agreement to acquire Mac Copper Ltd. of Australia for approximately $1.03 billion in cash. The offer represents a 20.7% premium to Mac Copper’s recent share price and is structured to provide Harmony with immediate control of Mac Copper’s operating assets. At the heart of … Read more

Strong Jobs Report Drives 10-Year Treasury Yield Above 4.34%

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Treasury yields rose broadly on Thursday after a stronger-than-expected June jobs report highlighted continued resilience in the U.S. labor market. The benchmark 10-year Treasury yield climbed more than five basis points to 4.344%, while the 2-year yield moved sharply higher by roughly ten basis points to 3.888%. The June payrolls report showed 147,000 jobs added, … Read more