Key Takeaways HSBC reduced its 2026 average gold forecast to $4,560 from $4,864 on July 9, 2026, while keeping its year-end target at $4,750. The gap between the average and year-end target is the important signal. The structural drivers behind the 2024–2025 gold bull run — sovereign de-dollarization, widening fiscal deficits, and continuous central bank … Read more

The chair of the Federal Reserve testified to Congress today and delivered a message that every saver should hear. Fed rate policy — the principal tool meant to manage the economy — has effectively created a generation of homeowners and, in turn, a generation left behind. Chairman Kevin Warsh told the House Financial Services Committee … Read more

Key Takeaways GoldSilver customers can store physical gold and silver in Hong Kong at a Malca‑Amit vault located next to Hong Kong International Airport, inside a Free Trade Zone. Malca‑Amit is a CME Group–approved depository for kilobar gold contracts and an LBMA member firm, holding the same institutional credentials used by central banks and sovereign … Read more

Key Takeaways China’s bar and coin gold demand reached a record 207 tonnes in Q1 2026, reflecting a structural reallocation of household savings away from real estate and equities rather than short-term price momentum. India’s physical demand paused in 2026 after the government raised import duties from 6% to 15%, reducing affordability. The World Gold … Read more

June inflation registered the largest single-month decline since April 2020. The Consumer Price Index fell 0.4 percent on a seasonally adjusted basis in June — a much larger drop than the 0.1 percent decline economists had expected. The headline move was driven almost entirely by a near 10 percent collapse in gasoline prices after a … Read more

Oil has climbed more than 9% in five trading days. Vessel traffic through the Strait of Hormuz has plunged—crossings are roughly 52% lower week-on-week—and U.S. airstrikes on Iranian positions have continued for a fourth day. By the familiar logic that gold protects against inflation, you might expect gold to be soaring right now. Instead, gold … Read more

Key Takeaways The 10-5-3 rule assumes 10% annual returns for stocks, 5% for bonds, and 3% for cash — a simple framework intended for paper assets that generate income or earnings. Gold and silver do not yield interest or dividends. They preserve purchasing power by operating outside the banking and credit system, so standard return … Read more

On July 7, 2026, Hong Kong’s Precious Metals Central Clearing Company (PMCC) completed its first institutional gold settlements, establishing Asia’s first government-backed gold clearing hub. The PMCC’s launch represents a meaningful structural change in how gold is traded, priced, and settled. Several major banks central to this development—HSBC, JPMorgan, UBS, and Citi—also participate in London’s … Read more

Key Takeaways Silver trades at $58.55 as of July 14, 2026 — roughly 52% below its January all-time high of $121.62. The gold-silver ratio sits near 69.2:1, close to the upper end of its 50-year range, indicating silver is undervalued relative to gold. June CPI slowed to 3.5% year-over-year — a notable drop from May’s … Read more

Gold fell 2.2% on Thursday, July 16, 2026, slipping to $3,973 per ounce after stronger-than-expected U.S. manufacturing data and signs of a resilient labor market. The Philadelphia Fed manufacturing index surged to 41.4 in July, far above the consensus forecast of 13. At the same time, initial jobless claims dropped to 208,000 for the week … Read more