Gold edged up 0.4% to $3,329.89 per ounce on Wednesday, but still traded close to three-week lows as investors remained cautious. Trading was largely range-bound as the market awaited two major events: the release of the Federal Reserve’s July meeting minutes and a speech by Fed Chair Jerome Powell at the Jackson Hole central banking … Read more

Despite President Trump’s partial retreat on tariffs, the average U.S. effective tariff rate remains at 25.3%, the highest level since 1909, according to research from Yale’s Budget Lab. Even after consumers shift their purchases to tariff-free or lower-tariff alternatives, the effective rate is projected to settle at about 18.1%—a level not seen since 1934. These … Read more

Federal Reserve Chair Jerome Powell held policy steady at the January meeting, leaving the federal funds rate in the 4.25% to 4.50% range. Faced with political pressure and uncertainty around possible tariff actions, Powell stressed a strictly data-driven stance. He declined to respond to presidential comments and avoided speculation about shifts in future policy, underscoring … Read more

Gold prices edged higher on Friday, helped by a softer US dollar, but the metal remains on track for a weekly decline of about 1.7%. The recent pullback followed Thursday’s producer price report, which showed the fastest increase in three years and prompted investors to reduce their expectations for a sizable Federal Reserve interest-rate cut … Read more

Every day, gold and silver prices move — sometimes just a little, sometimes enough to grab headlines. A stronger-than-expected jobs report can send gold lower. A geopolitical flare-up can push it higher. Silver might jump 4% in a day and then give back half of that gain. If you follow prices daily, it can feel … Read more

Gold prices surged sharply, nearly reaching last week’s record high after recording their biggest one-day increase in 18 months, rising about 3.3%. The sudden move reflected heightened market uncertainty and a shift toward safe-haven assets. The price jump followed a confusing series of tariff announcements from President Trump. Initial measures appeared to impose tariffs on … Read more

Perhaps you’ve heard the term hypothecation, or perhaps it’s new to you. As a precious metals investor, understanding hypothecation and its risks is essential. The Bottom Line Hypothecation is when an asset is pledged as collateral for a loan. For example, taking a margin loan using stock holdings or borrowing against gold means the asset … Read more

Brazil’s inflation rose to 5.35% in June, marking the sixth consecutive month above the central bank’s 3% target and underscoring ongoing pressure on monetary policy. After raising the Selic rate to 15% in June — the highest level in nearly twenty years — the central bank may opt to pause further increases while it evaluates … Read more

JPMorgan CEO Jamie Dimon used his annual shareholder letter to warn against isolationist trade policies, urging a balanced approach to protecting U.S. interests without cutting the country off from global partners. While he did not mention any politician by name, his message was clear: tariffs that prioritize short-term political gains risk isolating the United States … Read more

Wall Street traders are increasingly turning to precious metals as uncertainty over trade policy and global economic shifts pushes investors toward traditional safe-haven assets. This year, gold has risen roughly 27.5%, silver about 24%, and platinum near 36%, significantly outpacing the S&P 500’s modest gain of approximately 3%. The rally in metals reflects a search … Read more