Gold prices eased 0.5% to $3,119.09 on Thursday after earlier touching an intraday record of $3,167.57, following President Trump’s announcement of broad new import tariffs. The initial reaction pushed the metal to fresh highs, but prices retreated as traders weighed the longer-term impact of the measures. Even with the pullback, gold remains up about 19% … Read more
Gold and silver market update — May 8, 2026 Key Takeaways April 2026 nonfarm payrolls printed 115,000 — more than double the 55,000 Dow Jones consensus — yet gold remained above $4,700 while the dollar weakened. Average hourly earnings missed at +0.2% vs. +0.3% forecast (BLS, May 8, 2026), leaving the Fed unable to justify … Read more
Gold surged to a record above $2,800 as investors moved into safe-haven assets amid rising trade tensions. The metal rose more than 6% this month after renewed threats of 25% tariffs on imports from Mexico and Canada, increasing uncertainty for global markets. Market participants, including analysts such as WisdomTree’s Nitesh Shah, say the rally may … Read more
The global economic environment is undergoing a deep transformation, prompting central banks to rethink long-held reserve management practices. OMFIF’s most recent Global Public Investor report, which surveyed 75 central banks overseeing more than $7 trillion in assets, highlights a clear reorientation in strategy and priorities. Among the report’s key takeaways, 96% of reserve managers identify … Read more
Key Takeaways Oil plunged more than 10% on Friday after Iranian FM Abbas Araghchi announced the Strait of Hormuz was open “in line with the ceasefire in Lebanon.” Gold rose 1.5% the same day — a divergence that suggests gold’s rally is driven by monetary factors rather than geopolitics. The oil decline pulled down inflation … Read more
The Swiss National Bank has published a new report examining gold’s role as a safe-haven asset and its broader effects on Switzerland’s economy and trade statistics. The report highlights how gold’s unique position in global markets creates measurable impacts on Swiss trade flows without necessarily indicating changes in underlying economic activity. Switzerland plays an outsized … Read more
President Trump’s announcement of 25% tariffs on imported vehicles and auto parts triggered widespread market reactions on Thursday. European stock exchanges declined and U.S. futures pointed lower as investors reacted to the policy shift. Major automakers including Volkswagen, BMW, General Motors and Ford experienced notable drops in their share prices, reflecting investor concern about potential … Read more
Daily News Nuggets | Today’s top stories for gold and silver investors September 19th, 2025 Gold Notches Fifth Straight Weekly Win Gold is on a notable run, set to post its fifth consecutive weekly gain after the Federal Reserve’s recent rate cut. The metal sits near record highs and has gained roughly 39% year-to-date, outperforming … Read more
Global markets moved toward safe-haven assets on Monday after US strikes on Iran heightened tensions in the Middle East. The US dollar gained against the euro and other major currencies, while Brent crude oil jumped as much as 5.7% to $81.40 per barrel before trimming some gains. US equity futures fell as investors evaluated the … Read more
In today’s update: Gold’s support remains intact — despite intraday dips to $4,455 and silver to $74.90 on thin post-holiday volume. Central banks added 244 tonnes in Q1, and the $4,440 zone has held three times in five sessions. Here’s what the data actually shows. The real story today is that gold’s price floor is … Read more