Gold Prices Pull Back After Rally but Hold on Fed Rate-Cut Hopes

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Gold prices eased after reaching two-week highs as investors took profits following a recent rally. Spot gold slipped 0.3% to $3,354.17 per ounce, while U.S. gold futures inched up 0.2% to $3,407.10. The rally in the previous session had pushed gold about 2% higher, prompted by weaker-than-expected U.S. jobs data. Those employment figures increased market … Read more

Could Musk’s DOGE Token Audit Fort Knox Gold Reserves?

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Elon Musk will lead an inspection of the United States’ gold reserves at Fort Knox through his Department of Government Efficiency (DOGE), addressing long-standing concerns about the absence of routine, transparent audits. The move follows years of public pressure from Senator Rand Paul, who has spent the last decade urging greater scrutiny and public verification … Read more

Inside the Fed’s Most Controversial Jackson Hole Meeting: Security, Dissent, Division

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The Federal Reserve’s annual Jackson Hole conference revealed sharp divisions among policymakers as Chair Jerome Powell signaled the possibility of interest-rate cuts in September while confronting a “challenging situation” marked by persistent inflation and signs of labor-market weakening. The gathering highlighted both economic uncertainty and heightened political tensions surrounding central-bank independence. Participants debated the timing … Read more

Gold Rises as Trump Escalates Trade Tensions with Asia

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Gold prices pared earlier losses after President Trump announced a 25% tariff on goods from Japan and South Korea, scheduled to take effect on August 1. Initially, the metal slipped as the dollar strengthened on speculation about wider tariffs targeting BRICS-aligned countries. However, investors quickly returned to gold as a safe-haven asset amid renewed trade … Read more

Tariff Fears Spur Major Gold Outflow from Switzerland to the US

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In December, global gold flows experienced a notable realignment as Switzerland, the heart of Europe’s refining industry, shipped 64.2 tons of gold to the United States. That total represented the largest monthly volume since the period following Russia’s invasion of Ukraine and amounted to an eleven-fold increase compared with November. The December surge, worth roughly … Read more

Treasury Yields Climb After Softer Inflation Calms Recession Fears

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Treasury yields climbed Wednesday after February’s softer-than-expected inflation readings eased fears of an imminent economic slowdown. The 10-year Treasury yield rose about 4 basis points to 4.328%, while the 2-year yield increased more than 5 basis points to roughly 3.999%. The Consumer Price Index for February showed a monthly rise of 0.2% and a year-over-year … Read more

Gold Rises Ahead of Crucial U.S. Inflation Report

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Gold recovered some ground after Monday’s sell-off as investors focused on the U.S. consumer price index (CPI) report due later today for clues about the Federal Reserve’s interest-rate trajectory. Market participants and analysts say that softer-than-expected core CPI readings would increase the likelihood of a September rate cut — currently priced at roughly 85% — … Read more

Gold Rises on Robust U.S. Data and Renewed Trade Talks Uncertainty

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Gold prices saw a modest rebound on May 28, 2025, after an earlier pullback as investors parsed a mix of encouraging U.S. economic indicators and continuing trade discussions. The slight recovery reflected a market balancing act between stronger domestic data and geopolitical and commercial uncertainties. The U.S. dollar gained ground amid solid consumer confidence readings, … Read more

Silver Rises 3% to $88 as Markets Shrug Off Risk

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Daily News Nuggets | Today’s top stories for gold and silver investorsJanuary 13th, 2026 U.S. Inflation Holds Steady in December — Fed Poised to Stay Patient The U.S. Consumer Price Index reported a 0.3% gain in December and a 2.7% increase year over year, matching both expectations and November’s pace. Core inflation, which excludes food … Read more

Gold Tops $3,000: Why Experts See a Possible Market Correction

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Gold has climbed to a landmark level of $3,000 per ounce, with futures reaching $3,007.50 and the SPDR Gold Trust ETF closing at a record $275.13. Prominent financial institutions — including J.P. Morgan, Goldman Sachs and BlackRock — remain optimistic about the metal’s outlook. BNP Paribas, for example, projects that prices could rise to $3,100 … Read more