Gold Tops $2,700 as Cooling Inflation Boosts Rate-Cut Hopes

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Gold has risen to its highest level in a month, trading above $2,700 an ounce after U.S. core inflation data came in softer than many investors expected. The core consumer price index, which excludes volatile food and energy prices, increased by 0.2% in the latest report, down from four straight monthly gains of 0.3%. That … Read more

How Much Gold Is There in the World? Discover Global Reserves

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The question of how much gold exists in the world is frequently asked and has practical importance beyond simple curiosity. Understanding the total amount of gold helps frame future supply and demand dynamics and offers insight into potential long-term price trends. The short answer is that there is both a great quantity of gold in … Read more

Gold Rises as Trump Tariff Plans Stoke Trade War Fears

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Gold prices recovered to $2,917 per ounce, closing in on the recent high of $2,942.70 as the U.S. dollar weakened and trade tensions rose. The softer dollar made bullion relatively cheaper for holders of other currencies, boosting demand for the metal as a hedge against market volatility. Escalating worries over reciprocal tariffs announced by President … Read more

7 Factors That Could Drive Gold and Silver Prices Higher

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Precious metals investors are watching market conditions closely as gold and silver hover at pivotal price points. While both metals have posted impressive gains, several converging factors suggest we may be seeing the early stages of a sustained gold and silver price surge rather than a market peak. Understanding these catalysts can help you position … Read more

U.S. Gas Prices Fall to 12-Month Low as Summer Heat Persists

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U.S. natural gas prices fell below $2.90 per million British thermal units (mmBtu), marking their lowest level since November 2024. The drop reflects a combination of near-record production, ample storage inventories and forecasts for milder weather in the near term. In August, production across the lower 48 states averaged 108.3 billion cubic feet per day, … Read more

Goldman Sachs Predicts Gold Price Hit $3,700 by End of 2025

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Goldman Sachs has raised its gold price forecast to $3,700 per troy ounce by the end of 2025, citing persistent central bank buying and growing investor demand. The bank highlights that central banks continue to purchase substantial amounts of gold each month, while exchange-traded fund (ETF) investors are boosting their allocations. This trend is partly … Read more

Trump Threatens 100% Tariffs as BRICS Challenges Dollar Dominance

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President Trump has intensified his opposition to efforts by BRICS countries to challenge the U.S. dollar’s status, warning that he would impose 100% tariffs on any nation that tries to dethrone the dollar as the world’s primary reserve currency. In a message posted on Truth Social, Trump reiterated a position he first signaled in November. … Read more

TD Securities Sees Gold Reaching $3,650 as Middle East Tensions Boost Demand

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TD Securities has adopted a bullish outlook for gold, initiating a tactical long position and setting a one-month target price of $3,650 per ounce. The investment bank’s recommendation reflects a belief that the metal can deliver near-term upside as geopolitical risks and market uncertainty increase. The firm characterizes gold as a low-risk haven asset that … Read more

Why London Still Drives the Gold Price While Asia Follows

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Key Takeaways Hong Kong aims for a July 2026 trial of a government-backed gold clearing platform — the first Asian clearing infrastructure focused on physical gold settlement in Asian time zones. Asia accounts for roughly 60% of annual global gold demand, yet the LBMA benchmark set in London remains the global pricing reference. The new … Read more

Federal Judges Say Trump Must Get Congress to Impose Major Import Taxes

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A federal court has blocked President Trump from using emergency powers to impose broad new tariffs on imports, delivering a significant setback to a central element of his economic agenda. A three-judge panel concluded that the so-called “Liberation Day” tariffs exceeded the scope of presidential authority. The court found that such sweeping, long-term trade measures … Read more