Gold and silver have long been more than decorative metals; they have been foundational to trade, finance, and monetary confidence around the world. Over centuries, societies have relied on these metals not only for their intrinsic beauty but also for their stability-enhancing qualities. Exploring how gold and silver support economic stability reveals lessons that remain … Read more

We update our charts every year to show how many ounces of gold and silver it takes to buy a house in the United States. The idea of purchasing a home with bullion is compelling, especially given how stretched housing prices are relative to gold and silver. This year we reviewed our figures and discovered … Read more

Gold plunged sharply on Tuesday, dropping 1.4% to $3,322.09 per ounce — its lowest level since June 11 — after markets reacted to signs of easing geopolitical tensions following a U.S.-mediated ceasefire announcement between Israel and Iran. With the perceived risk of broader conflict diminished, investors reduced allocations to safe-haven assets, which helped fuel a … Read more

Silver delivered a strong 10% gain in June 2024, outpacing major stock and bond markets in Japan, Europe, and the United States. Historical patterns suggest the metal may keep its momentum into July: over the last decade, July has been the best month for silver. Two principal dynamics are behind the recent rise. First, with … Read more

The Senate Finance Committee has released its version of President Trump’s major tax bill, presenting a number of notable changes from the version passed by the House. Among the most significant business provisions are permanent corporate deductions for capital investments and for interest expenses. These measures aim to provide corporations with long-term certainty on depreciation … Read more

If History Repeats, You’ll Buy a House for 100 Ounces of Gold or 2,000 Ounces of Silver (Or Less) Thinking about buying a house? You might want to pause and consider buying gold and silver instead. Historical patterns suggest a point may come when those holding enough precious metals can bypass mortgages and purchase property … Read more

U.S. Treasury yields eased on Tuesday as investors positioned ahead of this week’s important employment data. The benchmark 10-year Treasury yield slipped by about 2 basis points to 4.207%, while the 30-year yield declined more noticeably to roughly 4.75%. Shorter-term yields saw less movement, with the 2-year yield edging down to about 3.713%. Market attention … Read more

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