Goldman Sachs strategists, led by George Cole, have revised their Treasury yield forecasts ahead of President Trump’s Rose Garden announcement. The team significantly lowered its year-end projections: they now expect the 2-year Treasury yield to finish 2025 at 3.3% (down from 3.95%) and the 10-year yield to end the year at 4.0% (down from 4.35%). … Read more

Key Takeaways Gold fell only 0.23% after Trump said he’d called off a strike — a reaction that would normally push prices much lower. That muted response is the real signal. A closed Strait of Hormuz would raise oil, feed through into inflation, and constrain the Fed from cutting rates. Calling off a single strike … Read more

Analysis of 1,127 records from the commission established by Elon Musk to review federal spending — commonly referred to as the DOGE commission — shows the group reported $8.5 billion in proposed federal budget reductions across 39 agencies during its first month of operation. The bulk of the reported reductions affect the U.S. Agency for … Read more

Silver and platinum have outpaced gold sharply in 2025. CME futures show June gains of roughly 9.5% for silver and about 28.2% for platinum, while gold has recorded a relatively modest climb of 1.1%. On a year-to-date basis, silver has risen approximately 27% and platinum around 30%. Those advances are being driven by robust industrial … Read more

Gold prices rebounded on Tuesday, rising 0.6% to $3,255.09 an ounce after a decline of more than 2% the previous day. The recovery followed a modest 0.2% drop in the dollar index, which made bullion relatively cheaper for investors using other currencies and helped support demand. Analyst Carlo Alberto De Casa noted that lingering uncertainty … Read more

U.S. Treasury yields fell sharply Wednesday after ADP reported that private-sector job creation had slowed to its weakest pace in more than two years. The 10-year Treasury yield declined by over 4 basis points to 4.414%, while the 2-year yield slipped more than 3 basis points to 3.926%. ADP’s report showed private payrolls increased by … Read more

Gold’s 2026 has already been far more eventful than most full years. The metal surged past $5,000 per ounce for the first time in history and reached an intraday record of $5,589.38 on January 28, before retreating sharply to close Q1 near $4,503 — a modest year-to-date gain of roughly 3.1% that masks the quarter’s … Read more

Goldman Sachs and BNP Paribas have revised their outlooks following the European Central Bank’s decision to keep the deposit rate unchanged at 2%. Both banks now expect no further ECB rate cuts during 2025, signaling a shift from earlier expectations that the easing cycle would continue. BNP Paribas takes an even more conservative stance, forecasting … Read more

The US dollar held onto recent gains on Tuesday after the United States and China announced a pause in tariffs. The announcement sparked a relief rally across stock and currency markets on Monday, pushing the dollar to a one-month high against several major currencies. China’s yuan climbed to a six-month high, which in turn supported … Read more

Gold and silver investors in New Jersey just received a significant benefit: the state no longer charges sales tax on purchases of precious metals. Under bipartisan legislation that took effect on January 1, New Jersey eliminated sales tax on gold, silver, and other qualifying precious metals. The change makes New Jersey one of the more … Read more