The European Central Bank has cut interest rates for the seventh consecutive time since last June, lowering the deposit rate by 25 basis points to 2.25%, in line with most analysts’ expectations. In its latest policy statement, the ECB removed the term “restrictive” from its description of monetary policy, signaling a shift toward a neutral … Read more

JPMorgan Chase reported an outstanding 2024, posting a record $58 billion in annual profit — the highest ever for an American bank — and a 50% increase in fourth-quarter earnings to $14 billion. The bank’s strong results were driven largely by a rebound in dealmaking and robust trading revenues, which climbed 21% as election-related market … Read more

China has warned nations that are negotiating trade agreements with the United States that it will take retaliatory measures if those deals harm Chinese interests. The warning reflects Beijing’s growing concern over a U.S. push to reshape global trade relationships and limit economic dependence on China. The U.S., under President Trump, has been encouraging roughly … Read more

Gold edged up 0.3% to $3,020.73 an ounce on Tuesday as investors weighed ongoing uncertainty around President Trump’s proposed reciprocal tariffs. The debate over trade measures has added to market caution, supporting demand for the precious metal as a safe-haven asset. Market participants broadly anticipate that the tariffs could slow economic growth. While the president … Read more

Treasury yields remained largely unchanged on Thursday despite two troubling economic reports that raised concerns about the pace of U.S. growth. First, the U.S. economy shrank at an annualized rate of 0.3% in the first quarter of 2024, marking the first quarterly contraction in three years. Second, weekly jobless claims increased to 241,000, higher than … Read more

Oil prices surged about 8% on Friday after Israel launched airstrikes on Iranian nuclear and military sites, pushing Brent crude toward $74 per barrel. The strikes heightened concerns about supply disruptions and sent ripples through global energy markets. Israeli Prime Minister Benjamin Netanyahu announced that Israel would continue strikes “for as many days as it … Read more

China’s gold market posted a strong recovery in March 2025, with benchmark prices rising more than 8% and capping an unusually robust first quarter. After wholesale demand dropped 36% year‑on‑year because of weak buying in January and February, withdrawals from the Shanghai Gold Exchange rebounded in March, signaling renewed physical demand. Chinese gold exchange‑traded funds … Read more

Gold and silver market update — April 24, 2026 Key Takeaways The DOJ dropped its criminal probe of Fed Chair Jerome Powell on April 24, 2026, pushing Kevin Warsh’s confirmation odds on prediction markets from roughly 27% to about 85% in a single session. Rather than fall, gold rose — suggesting markets had been pricing … Read more

Gold prices have climbed more than 40% since late 2023 and are now approaching $3,200 per ounce. This rally is driven less by demand for jewelry or industrial uses and more by gold’s long-standing role as a financial safe haven in times of uncertainty. Unlike bonds, which pay interest, or stocks, which can provide dividends, … Read more

Where We Are in the Cycle  If you’re wondering whether gold’s recent all-time highs mean you’ve missed the rally, history provides a reassuring perspective: gold bull markets frequently last much longer than many investors expect. By historical measures, this cycle still appears to be in its early innings. A useful way to gauge today’s position … Read more