UK Chancellor Vows to Uphold Fiscal Rules Amid Market Turmoil

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UK Chancellor Rachel Reeves is under increasing pressure as markets endure their steepest selloff since 2008, driving government borrowing costs to levels that have raised concern across financial circles. Speaking in Parliament, Reeves reassured lawmakers that the government would adhere to its fiscal rules “at all times,” even as the UK paid record rates to … Read more

When the Hunt Brothers Pushed Gold Prices to the Limit

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The 1970s produced an extraordinary rally in precious metals driven by several historic developments: President Nixon’s suspension of the dollar’s convertibility to gold, the Coinage Act of 1965, and persistent inflation throughout much of the decade. Among the many forces that moved markets in that era, the Hunt brothers—Bunker and Herbert Hunt—had an outsized effect … Read more

ADP Report: US Adds 183,000 Jobs, Signs of Labor Market Strength

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The US labor market continued to expand at the start of 2025, with private-sector employment rising by 183,000 jobs in January — well above the expected 150,000 gain. December’s job total was revised up to 176,000, lifting the six-month average to its highest level since early 2023. Job additions were concentrated largely in service-oriented industries: … Read more

Gold’s Surprise Rally: How Gold Outperformed Markets in 2024

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Gold has been one of the market’s strongest performers in 2024, delivering a year-to-date gain of 28.7% that slightly outpaces the S&P 500’s 26.6% return. That surge follows a relatively quiet period from 2021 through 2023, when gold rose about 9% overall, and marks a notable reversal for the metal. Several factors have driven gold’s … Read more

Gold-to-Ski-Pass Ratio Soars to Record High in 2024

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The 2024/25 ski season delivers a historic shift in the gold-to-ski-pass ratio: one ounce of gold now buys 35.2 day passes, up 27.5% from last season’s 27.6 passes. Although ski pass prices rose by about 6%—continuing a trend above general inflation—gold’s strong performance in 2024, with a 35.6% gain, has made skiing unusually affordable for … Read more

Gold Prices Climb Ahead of Critical U.S. Inflation Report

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Gold rose as the U.S. dollar index and Treasury yields eased, with spot gold up 0.4% at $2,687.59 per ounce and futures gaining more than 1% to $2,710.00. Attention in markets has turned to upcoming U.S. consumer price index (CPI) data, which is expected to show annual inflation rising to 2.9% from 2.7% in November. … Read more

How Trade Tariffs Hurt Low-Income Households Most

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President Trump’s new tariffs on Chinese imports — and the possibility of adding duties on goods from Mexico and Canada — could raise costs for American households by roughly $1,200 per year on average, with the burden falling disproportionately on lower-income families. Analysis from the Peterson Institute estimates that a typical household would see about … Read more

London’s Jewelry Quarter Adapts to a Surging Gold Boom

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London’s Hatton Garden jewelry district is navigating an unusual market as gold prices climb to record levels. Some sellers are taking advantage of the higher valuations to part with unwanted items or convert old jewelry into cash, while many jewelers are confronting rising costs for materials and changing buying patterns among customers. This shift has … Read more

Gold Prices Surge 2% Ahead of Trump’s Iran War Address Tonight

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🌆 Evening News Nuggets | Today’s top stories for gold and silver investors  April 1st, 2026 | Brandon Sauerwein, Editor  The connection between the gold price and the Iran conflict sharpened on Wednesday — gold jumped about 2% as ceasefire signals surfaced, oil supply warnings intensified, and President Trump prepared a prime-time address at 9 p.m. ET.  Gold Surges, Silver Lags … Read more