Gold prices have retreated roughly 6% from their recent record high near $3,500 per ounce as trade tensions between major economies have eased. Market volatility subsided after the April 2 tariff announcements, and progress in trade discussions among Asian economies helped reduce safe-haven demand for bullion. Analysts say the pullback accelerated as traders realized the … Read more

As gold reached record highs, Russia’s precious metals exports to China nearly doubled, totaling about $1 billion in the first half of the year. Western markets have been largely closed to Russian bullion since 2022, pushing China to the forefront as a key trading partner. This realignment in global trade reflects broader geopolitical shifts and … Read more

Japan’s chief trade negotiator, Ryosei Akazawa, has described the current U.S.-Japan trade negotiations as being “in a fog,” signaling uncertainty about their progress and outcome. Tokyo is pressing the Trump administration to remove a 25% tariff on Japanese automobiles, as well as other import duties that are currently suspended until July 9. Japan views the … Read more

ADP reported 122,000 private‑sector jobs added in May this morning — the strongest reading since January 2025, according to ADP Research. Gold is trading near $4,450 at the open. Friday’s official US nonfarm payrolls (NFP) report arrives at 8:30 a.m. Eastern. On June 16–17, Kevin Warsh will chair his first Federal Reserve meeting. Before markets … Read more

Gold and bitcoin are both promoted as “hard” assets—scarce, non-sovereign stores of value that resist monetary debasement—but they behave very differently under pressure. Gold set an all-time high of $5,589 per ounce in January 2026 after 53 record closes in 2025. Bitcoin peaked at $126,198 in October 2025 and now trades near $82,000, about 35% … Read more

Gold prices rose to a one-week high on Thursday, gaining 1% to reach $3,382.61 per ounce as investors sought the safety of precious metals amid several market pressures. Heightened tensions in the Middle East were a major driver: U.S. President Trump warned the region was becoming “dangerous” and announced the evacuation of some American personnel, … Read more

Despite high-profile proposals to reduce spending and the establishment of the Department of Government Efficiency (DOGE), federal outlays have risen by 8.7% when comparing the period since President Trump took office to the same timeframe in 2024. The largest contributors to the increase are long-standing mandatory programs: Social Security, Medicare and other social insurance benefits. … Read more

In today’s update: Gold fell 2.62% and silver dropped 8.69% as the dollar rallied, producer prices hit a three-year high, and the Trump‑Xi summit produced no major deal. Behind the gold decline: China’s central bank increased purchases to a 17‑month high. As of Friday, May 15, 2026, gold trades near $4,530.10 and silver around $76.29. … Read more

The pound delivered a mixed performance on Monday, slipping against the euro while strengthening versus the US dollar. Market moves followed European leaders’ announcement that they plan to draft a Ukraine peace proposal for submission to the United States, a development traders expect to influence regional currency flows. The euro rose by 0.10% to 82.53 … Read more

Gold has surpassed the euro to become the world’s second-largest reserve asset after the U.S. dollar, according to a recent ECB report. This change reflects a roughly 60% rise in gold prices over the past two years and a surge in central bank purchases—more than 1,000 tonnes bought in 2024 alone, about twice the average … Read more