Kenya’s Central Bank is actively considering adding gold to its foreign reserves to reduce reliance on major currencies such as the US dollar. Governor Kamau Thugge confirmed that a feasibility study is in progress but did not specify a timeline for any potential purchases or implementation. At present, Kenya’s official gold holdings are minimal: roughly … Read more

Reports indicate that China has quietly exempted certain U.S. products from its 125% tariffs as a way to ease trade tensions without making public concessions. These exemptions have been shared privately with selected companies rather than announced broadly. Sources say firms in the pharmaceutical and technology sectors have been among those notified. Recent examples include … Read more

Silver has climbed roughly 35% over the past year, driven by a combination of growing industrial demand and renewed investor interest as a safe-haven asset. Strong consumption across photovoltaics, electric vehicles and broader electronics has pushed total silver demand to an estimated 1.16 billion ounces in 2024, while annual mine supply has remained close to … Read more

South African miner Gold Fields has reached an agreement to acquire Australian gold producer Gold Road Resources for A$3.7 billion (approximately $2.4 billion), representing a 14.5% premium over Gold Road’s last closing share price. The deal gives Gold Fields full ownership of the Gruyere gold mine in Western Australia, a significant asset the two companies … Read more

Some prospective home buyers are hoping a recession will make housing more affordable, but economists warn that strategy could backfire. Housing prices are unlikely to fall substantially unless a recession causes widespread job losses. The market is still constrained by a persistent shortage of available homes and by many homeowners holding on to low pandemic-era … Read more

Many investors are unaware that gold investments face a distinctive tax disadvantage. Unlike certain stocks and bonds that can receive favorable tax treatment, physical gold and silver are classified by the IRS as “collectibles,” a designation that can significantly reduce after-tax returns. The Tax Challenge with Gold Investments When you sell physical gold or silver, … Read more

Silver fell about 10% on May 15, 2026, after the Trump–Xi summit in Beijing ended without a substantive trade agreement. That drop felt like bad news at the moment, but for long-term silver investors it does not change the bigger picture. With silver trading around $75.97 and the Dow closing at 50,063, the silver-to-Dow ratio … Read more

Gold continued its strong advance this week, rising about 2% to $3,357 per ounce. State Street Global Advisors now projects the metal could reach $4,000 within six to nine months, and its Gold 2025 Midyear Outlook even suggests the possibility of testing $5,000 per ounce over the next 12–24 months. Aakash Doshi, State Street’s head … Read more

Gold prices have steadied near $3,180 per ounce after slipping to a one-month low, as traders await fresh guidance from Federal Reserve Chair Jerome Powell and upcoming economic releases. Market participants are watching closely for any clues on the timing and scale of future rate adjustments that could influence safe-haven demand for bullion. Although the … Read more

Oil prices rose on Tuesday as markets reacted favorably to ongoing U.S.-China trade talks taking place in London. Brent crude climbed to $67.20 per barrel, while U.S. crude advanced to $65.43 per barrel. Traders interpreted the developments in London as a sign that a prospective trade agreement could strengthen global economic growth and boost oil … Read more