Federal Reserve policymakers are widely expected to keep interest rates unchanged at their Wednesday meeting, maintaining a cautious stance as they assess incoming economic data and evolving policy developments. Since earlier this year, the central bank has held its policy rate in a target range of 4.25%–4.50%, waiting for clearer signals about how fiscal and … Read more

Jesse Rothstein, a UC Berkeley professor and former chief economist at the U.S. Department of Labor, warns that recent federal spending reductions are likely to trigger a sharp economic downturn. Rothstein describes the outlook as a “deep, deep recession,” attributing much of the risk to cuts in federal contracts and grants tied to recent policy … Read more

Gold prices slipped for the second time in three days, initially dropping about 0.9% before recovering some losses after the dollar weakened amid reports of US-South Korea discussions on currency policy. Investors appear to be reacting to two main developments: an unexpected trade truce between the US and China following weekend talks in Switzerland, and … Read more

Investors are set to focus on Friday’s release of the Federal Reserve’s preferred inflation gauge, the core Personal Consumption Expenditures (PCE) index. Economists forecast that the annual core PCE for January will tick down slightly to 2.6% from December’s 2.7%. On a monthly basis, the index is expected to rise 0.3%, up from 0.2% the … Read more

Australia has dramatically increased the volume and value of gold shipments to the United States in 2025, according to recent data from the Australian Bureau of Statistics. The scale and pace of these exports represent a sharp departure from recent trends. After exports rose to $1.17 billion in December 2024, shipments to the US jumped … Read more

Gold and silver market update — May 6, 2026 Key Takeaways: Gold held near $4,700 today even after reports that US Central Command briefed President Trump on Iran strike options — the same catalyst that sent prices sharply lower in March. The lack of a large sell-off is the signal. Gold’s intraday low has risen … Read more

Gold prices fell 2.2% to $3,305.79 on Wednesday, retreating from the record high of $3,500.05 hit the previous day. The pullback followed a shift in market sentiment after two public comments from President Trump: he said he would not dismiss Federal Reserve Chair Jerome Powell despite earlier criticism, and he expressed optimism about progress in … Read more

Key Takeaways The important factor is the mechanism, not the headlines: BRICS gold purchases matter because they reduce marginal demand for US Treasuries, gradually weakening the dollar’s reserve role and eroding the purchasing power of dollar savings. Physical metal over paper claims: To hedge against dollar debasement, physical gold and silver are preferable. ETFs and … Read more

January 2025 recorded an exceptional $5.2 billion in gold deliveries on the COMEX, an extraordinary increase for what is usually a relatively quiet delivery month. Remarkably, 19,001 contracts were delivered with three days still left in the month — a volume more commonly seen during major delivery months. That level of activity stands out against … Read more

The US economy appears to be shifting from a period of outperformance to a more moderate growth phase in early 2025. In its latest update, the Federal Reserve lowered its GDP growth forecast for the year to 1.7%, down from the 2.1% projection issued in December. Several major financial institutions — including JPMorgan, Morgan Stanley, … Read more