Economists Say Trump’s Job Destruction Order Is Hitting U.S. Economy

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Economists warn that recent tariffs introduced by the administration will likely push the U.S. economy into a significant downturn. Carl Weinberg of High Frequency Economics forecasts a 4.5% contraction in real GDP for the second quarter of 2023, and he expects further weakness through the latter half of the year. Weinberg labels the tariff move … Read more

Powell Press Conference: How It Could Move Gold Prices

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Gold and silver market update — April 27, 2026 Key Takeaways The rate decision tomorrow is priced in at 99.5% for a hold — what will move gold is Powell’s language, especially whether he links future cuts to conditions in the Strait of Hormuz or energy prices. Iran submitted a new Hormuz ceasefire proposal on … Read more

Gold Price Consolidation: Is Now the Right Time to Buy?

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Gold rose from about $2,624 at the start of 2025 to more than $3,800 per ounce today. Even in strong bull markets, prices rarely climb in a straight line. Retracements and sideways trading—known as consolidation—are normal, healthy parts of the market cycle. For long-term investors, consolidation is not a setback but an opportunity: a time … Read more

Gold Pulls Back 10% From 2024 Rally Ahead of US Jobs Report

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Gold prices pulled back about 1% on Thursday, ending a three-day rally as investors took profits. Spot gold closed at $2,893.63 per ounce, while U.S. gold futures dropped to $2,900.70. The modest correction comes after a strong run for the metal so far in 2024: year-to-date gains exceed 10% and the market hit a record … Read more

Rising Mortgage Delinquencies Point to Trouble in the Housing Market

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More Americans are falling behind on their mortgage payments. The share of loans classified as “seriously delinquent” — defined as 90 or more days past due — has risen about 14% year over year, signaling growing distress among homeowners. That uptick in delinquencies has produced the first increase in foreclosure sales in nearly two years. … Read more

Gold Prices Jump as Middle East Tensions Escalate

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Daily News Nuggets | Today’s top stories for gold and silver investorsMarch 2nd, 2026 | Brandon Sauerwein, Editor Safe-Haven Demand Returns as Middle East War Fears Grow Gold jumped on renewed Middle East tensions, trading near $5,390/oz (+2.10%) as military action involving the U.S., Israel and Iran rattled global markets. Silver rallied as well, rising … Read more

Gold Price Falls as Trade Optimism Erodes 23% Annual Gain

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Gold slipped 2.1% to a two-week low as improving prospects for trade talks reduced demand for safe-haven assets. The decline followed reports that the U.S. Trade Representative is nearing finalizing agreements and that officials in Washington and Beijing have been communicating, easing some market fears and lifting risk appetite. Despite the recent pullback, gold is … Read more

Where Your Dollar Is Losing Value: Top Categories Fueling Inflation

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Although February’s Consumer Price Index (CPI) showed a modest slowdown to 2.8% year-over-year and 0.2% month-over-month, many Americans continue to feel elevated prices for everyday necessities. Food costs remain a primary concern. Eggs have jumped 59% year-over-year, averaging $5.90 per dozen compared with $2.99 a year earlier. Other breakfast items such as coffee and bacon … Read more

Gold Falls to $3,310 as Trade Deal Extensions Ease Market Tensions

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Gold pulled back from recent highs, slipping to about $3,310 per ounce as markets digested mixed signals from ongoing trade negotiations. The decline reflects a drop in safe-haven demand as several US trading partners move toward agreements. Treasury Secretary Bessent indicated the possibility of a roughly three-week extension beyond the July 9 deadline for countries … Read more

Gold Prices Jump as U.S. Fiscal Worries and Tariff Threats Escalate

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Gold prices rose sharply on Friday, gaining 1.9% to trade above $3,350 per ounce. That jump capped a weekly advance approaching 5%, the largest weekly gain since early April. The move reflects growing investor demand for assets perceived as safe havens amid rising economic and geopolitical uncertainty. Investors have been increasingly focused on risks to … Read more