Gold demand across China has surged, depleting inventories at many banks and retailers as the metal climbs to fresh record highs, recently reaching $2,942.71 per ounce. The Industrial and Commercial Bank of China (ICBC) says most sizes of its Ruyi Gold bars are sold out, with only limited stock of the 10-gram bars remaining. Other … Read more

Silver currently trades around $66.75 per ounce after a roughly 45% decline from the January 2026 nominal high of $121.64. Over the next five years, plausible scenarios range from $90 to $200+ per ounce depending on industrial demand growth, continuing supply deficits, and monetary policy. The structural case—five consecutive years of supply shortfalls (2021–2025), a … Read more

In today’s unpredictable markets, many investors are choosing to set up gold IRAs and silver IRAs to protect their retirement savings. A Precious Metals IRA combines the tax benefits of a self-directed retirement account with the long-standing stability of physical assets. By adding gold and silver to your portfolio, you’re buying more than metal—you’re adding … Read more

Gold prices rose on Thursday, supported by a weaker U.S. dollar and lingering uncertainty about the Federal Reserve’s policy path. Spot gold climbed 0.2% to $3,339.38 per ounce, while U.S. gold futures added 0.3% to $3,352.30. The softer dollar improved gold’s appeal for overseas buyers. At the same time, public criticism from President Trump directed … Read more

Gold prices eased on Thursday after briefly reaching a near two-week high, with spot gold down 0.3% at $3,303.82. The pullback followed a modest rebound in the U.S. dollar, which tends to make gold relatively more expensive for investors using other currencies. Despite the dip, concerns about the United States’ swelling $36 trillion debt and … Read more

China has retaliated to President Trump’s proposed 10% blanket tariff by imposing more targeted measures on roughly $20 billion of U.S. imports. The announced tariffs include a 15% duty on certain coal and liquefied natural gas (LNG) shipments and a 10% duty on crude oil and selected vehicle models. These steps are deliberately calibrated to … Read more

The British pound held steady against the US dollar on Thursday, trading around $1.2674 — marginally below Wednesday’s two‑month peak of $1.2717. Markets have been digesting political and monetary developments, and sterling’s resilience reflects a mix of trade dynamics and interest rate expectations. Earlier this week, President Trump signaled the possibility of imposing 25% tariffs … Read more

Inflation rose in June to 2.7% year-over-year, the highest reading in four months. Although the increase was anticipated, more evidence suggests that tariffs are contributing to higher prices for many everyday goods. Imported-dependent categories such as appliances, toys, video equipment, and home linens experienced noticeable price increases. Until recently, large retailers were able to absorb … Read more

UBS reports that wealthy clients are shifting away from US dollar-denominated investments and showing greater interest in alternative assets such as gold and cryptocurrencies. Amy Lo, co-head of UBS Group’s Asian Wealth Management, said that gold has become particularly attractive amid economic uncertainty tied to trade tensions and tariff policies. Investors are treating gold as … Read more

The euro weakened on Thursday while the yen gained ground as disappointing European business data collided with rising concerns about U.S. fiscal policy. Investors reacted after the House passed President Trump’s tax-and-spend bill, which analysts estimate could add as much as $3.8 trillion to U.S. federal debt over the next decade. The potential increase in … Read more