China’s gold market delivered a strong performance in the first half of the year, with both domestic and international benchmarks posting their best H1 results in nine years. Even though June activity slowed, Chinese gold exchange-traded funds recorded historic inflows, attracting RMB 64 billion (about $8.8 billion) over the six-month period—the largest semi-annual increase on … Read more

Gold prices fell roughly 1% after the U.S. June jobs report showed stronger-than-expected employment gains. The stronger labor-market data increased expectations for tighter monetary policy, prompting investors to reduce holdings in the safe-haven metal. Earlier in the session, gold had moved higher, supported by lingering inflation concerns and geopolitical tensions. However, when the employment figures … Read more

Gold has surged to historic levels, now surpassing inflation-adjusted peaks from 1980 and well above its long-term trend line. That strength, however, comes with a cautionary note: historically, gold bought at such elevated valuations has often produced disappointing returns. Today, gold looks expensive relative to many other commodities, trading at record-high ratios versus oil, silver … Read more

Germany keeps about one-third of its 3,352 tonnes of gold—the world’s second-largest reserves—at the Federal Reserve Bank of New York, a practice that dates back to the Cold War. The prospect of Donald Trump returning to the White House and his confrontational stance toward allies and the Federal Reserve has renewed German concerns about the … Read more

Russians are increasingly turning to gold as a financial safe haven amid mounting economic pressure. Consumer gold purchases reached 75.6 metric tons in 2024, a rise of 6% compared with 2023 and a substantial 62% increase over pre-war levels in 2021. Several factors are driving this shift: persistent high inflation—recently around 9.5%—the ruble’s prolonged weakness … Read more

Gold markets remain cautious near record highs as a range of factors shapes investor sentiment. Traders are closely watching the potential inflationary impact of President Trump’s tariff policies, prompting three Federal Reserve officials to flag upside risks to prices and to advocate a more cautious stance on cutting interest rates. Although Mexico and Canada were … Read more

The British pound rose on Thursday after the Bank of England reduced its base interest rate by 25 basis points to 4.25%. The decision exposed a surprising split among the Bank’s policymakers, with two members voting to keep rates unchanged. Sterling climbed 0.24% against the U.S. dollar, reaching $1.33215. Market participants also reacted to reports … Read more

Gold and silver market update — April 28, 2026 In today’s update: WTI topped $100.09 after the UAE confirmed it will leave OPEC, the US rejected Iran’s Hormuz proposal, and the Federal Reserve began what may be Jerome Powell’s final meeting. Gold and silver investors now face five overlapping forces, all pointing toward the same … Read more

Moody’s Analytics chief economist Mark Zandi warns that the US economy is “on the precipice of recession” following a series of troubling economic reports released last week. Payrolls in July increased by only 73,000, and revisions to prior months were steep: May and June job gains were revised down to 19,000 and 14,000, respectively. Those … Read more

December’s wholesale inflation figures showed an unexpected easing, as the Producer Price Index (PPI) rose just 0.2% month-over-month, below economists’ projected 0.4% increase. Much of this moderation reflected a 0.1% drop in food prices—highlighted by a substantial 15% decline in vegetable costs—and stable services prices. Energy prices climbed 3.5% during the month, while the core … Read more