The luxury gold market in China has shown remarkable resilience amid volatile conditions, with demand for high-end pieces remaining strong even as gold prices have surged to record highs and climbed by as much as 30%. One clear example is Laopu Gold Co Ltd, which saw its shares rise more than 70% when it debuted … Read more
U.S. beef prices have reached historic levels, with retail sirloin steak and ground beef up about 38% and 45% respectively compared with 2019. Although overall food inflation has cooled to roughly 2.5%, beef continues to rise faster than general food prices, posting a 4.9% year-over-year increase in December. Several factors are driving this sustained price … Read more
May’s inflation report surprised many by showing only modest price increases: the Consumer Price Index (CPI) rose 0.1% from the previous month and remained below 2.5% on a 12‑month basis. Certain categories such as automobiles and clothing actually registered price declines, even in the face of newly announced tariffs. Economists point to a few factors … Read more
Financial markets have sharply reduced expectations for Federal Reserve rate cuts in 2025. Investors now put an 83% probability on no policy changes through July, up from roughly 40% a month earlier. This recalibration follows May’s stronger-than-expected job growth, which signaled that the economy may not need immediate monetary stimulus. Since January the Fed has … Read more
Global markets are displaying increased volatility amid escalating tensions between Israel and Iran, prompting investors to reevaluate risk exposure and adjust portfolios accordingly. Heightened geopolitical uncertainty is a key driver behind moves into safer assets, while traders monitor developments closely for potential impacts on energy supplies, regional stability, and broader economic confidence. Precious metals have … Read more
Daily News Nuggets | Today’s top stories for gold and silver investors October 24th, 2025 Inflation Cools — But Stays Above Target Consumer prices rose 3.0% year-over-year in September, slightly below the 3.1% economists had forecast. The monthly increase of 0.3% also came in below expectations. The report was released nine days late because of … Read more
President Donald Trump announced sweeping tariffs that raise duties on many imports from Canada and Mexico to 25% and increase the tariff on most goods from China to 20%. Together these measures affect roughly $1.5 trillion in annual imports and represent one of the largest recent shifts in U.S. trade policy. In response to the … Read more
Recent economic data strengthens the case for the Federal Reserve to begin cutting interest rates as soon as September. New reports show two important trends: inflation is moving closer to the Fed’s 2% goal, and the labor market is showing signs of easing. Producer prices for May rose 2.6% year over year, while core inflation … Read more
The UK is currently experiencing a surge in demand for gold, with Royal Mint bullion sales up 153% in late 2024. Stuart O’Reilly of The Royal Mint attributes this rise to three main drivers: global political uncertainty following a year of major elections, lower interest rates that make gold comparatively more attractive than bonds, and … Read more
Gold prices climbed 1.6% to trade above $3,387 per ounce as demand from China picked up following the reopening of markets after a five-day holiday. The metal has advanced more than 25% so far this year and earlier touched a record high near $3,500 in April. Analysts attribute the rally to gold’s safe-haven appeal amid … Read more
