The US budget deficit reached a record $1.147 trillion in the first five months of fiscal 2025, surpassing the prior high of $1.047 trillion set during the COVID-19 pandemic. February 2025, President Trump’s first full month after his January inauguration, saw a deficit of $307 billion, about 4% higher than the same month last year. … Read more

Gold prices slipped as much as 1.4% to trade near $3,200 an ounce, extending a weekly decline of roughly 3.5%. The pullback reflects two main forces: profit-taking after recent rallies and a dip in safe-haven demand as US-China trade tensions ease. Christopher Wong of Oversea-Chinese Banking Corp. says gold is showing signs of “fatigue” as … Read more

Gold prices are rising toward their highest levels since early November, trading near $2,725 an ounce, after markets reacted to President Trump’s announcement of planned 25% tariffs on Mexico and Canada. Although China was temporarily spared from immediate tariffs, the suggestion that broader, potentially universal import tariffs remain under consideration has kept market uncertainty elevated. … Read more

President Trump’s economic policies are contributing to a rise in gold prices by weakening confidence in the US dollar. His large tax cuts are projected to add roughly $2.5 trillion to the federal deficit over the next decade. At the same time, he has pressured the Federal Reserve to reduce interest rates and suggested ideas … Read more

Daily News Nuggets | Today’s top stories for gold and silver investors November 17th, 2025 Fed’s Jefferson Walks a Tightrope on Jobs and Rates Federal Reserve Vice Chair Philip Jefferson said Monday that risks to the labor market have risen, but he urged caution rather than haste on cutting interest rates. Speaking in Kansas City, … Read more

Social Security beneficiaries may see a 2.7% cost-of-living adjustment (COLA) for 2026, slightly higher than the 2.5% increase awarded this year, according to an estimate from the Senior Citizens League. The official COLA will be announced by the Social Security Administration in October, using inflation data from July through September. If confirmed, the adjustment would … Read more

The European Central Bank appears poised to make a notable policy adjustment, with markets expecting a rate cut that would lower the deposit rate to 2.75% — the lowest level since early 2023. This move reflects an economy in transition across the eurozone, where disinflation is progressing but concerns about growth and momentum remain. Despite … Read more

Oil markets remained steady on Wednesday as traders weighed a range of factors influencing global energy supply and demand. Attention shifted to President Trump’s proposed tariffs—10% on Chinese goods and 25% on imports from Mexico and Canada effective February 1—which have redirected market focus from the threat of Russian sanctions to the potential consequences of … Read more

Choosing between a Gold IRA and direct physical gold ownership is an important decision for investors seeking stability in an uncertain economic environment. Precious metals remain a well-regarded safe-haven asset, and adding gold to a diversified portfolio can reduce exposure to stock and bond volatility. However, the method you choose—whether a tax-advantaged Gold IRA or … Read more

The USDA sharply revised its egg price outlook on Tuesday, now projecting a 41.1% increase in 2025 — more than double the 20% rise estimated in January. The change reflects the ongoing impact of avian influenza on commercial egg production. In January alone, an estimated 18.8 million egg-laying hens were affected, driving significant reductions in … Read more