Gold prices traded near $3,026.85 an ounce on Monday, holding steady as markets responded to a softer U.S. dollar and ongoing uncertainty surrounding the U.S. administration’s tariff plans. Investors continue to weigh the metal’s role as a safe-haven asset amid mixed economic signals and policy ambiguity. Last week, gold hit an all-time high of $3,057.21, … Read more

Silver futures have surged to their highest levels in 13 years, driven by accelerating technical momentum that suggests the rally may continue. A bullish MACD crossover has confirmed the breakout, giving traders and investors a clear technical signal that upward momentum could persist. Fundamentals support this technical strength. Global risk appetite remains fragile, and ongoing … Read more

China’s labor market is under increasing pressure as renewed trade tensions with the United States compound existing domestic challenges such as a prolonged housing downturn, elevated youth unemployment, and slowing economic growth. Analysts warn that if US tariffs remain in place or are increased, the country could face substantial job losses in manufacturing—potentially up to … Read more

Wall Street is increasingly bullish on gold as the precious metal climbs to fresh highs. Bank of America has raised its 18-month price target for gold from $3,000 to $3,500 per ounce. The bank bases this upgrade on a projected 10% increase in investment demand, driven by stronger buying from China, continued central bank purchases, … Read more

The Congressional Budget Office projects that President Trump’s recently enacted tax and spending law will add roughly $3.4 trillion to the federal deficit over the next ten years. Signed on July 4, the law extends a variety of tax breaks, restores or introduces deductions related to tips and auto loans, and includes measures that reduce … Read more

Gold prices held steady after the United States and the European Union reached a new tariff agreement, easing concerns about a broader trade war. The pact, which includes a 15% tariff on many EU exports such as automobiles, has left investors cautiously optimistic while questions remain about its specific effects on metals markets. At the … Read more

Homebuilder confidence has fallen to its lowest level in five months, with the National Association of Home Builders (NAHB) index slipping to 42 in February. Several factors are weighing on sentiment. New tariffs on steel and aluminum, announced by the administration, are a major concern because they would raise the cost of key building materials. … Read more

The Federal Reserve voted unanimously to hold its benchmark interest rate at 4.25–4.50%, signaling a pause after a recent string of cuts and amid uncertainty around proposed fiscal and trade policies. The decision ends a brief period of rate reductions and reflects the central bank’s caution as it evaluates incoming economic data. Fed Chair Jerome … Read more

Weekly unemployment filings fell for the first time in a month, dropping by 5,000 to 245,000 in the week ending June 14. The uptick in claims since mid-May largely reflects seasonal factors tied to the school calendar. Educational workers such as bus drivers, cafeteria staff and other school support employees commonly file for benefits when … Read more

Key Takeaways May CPI: +4.2% year-over-year (released 8:30 AM ET), up from 3.8% in April. Monthly gain: +0.5%, matching consensus. Energy accounted for over 60% of the monthly increase — the Iran-related oil shock remains the primary inflation driver rather than broad consumer demand. Core CPI (excluding food and energy): +0.2% month-over-month, +2.9% year-over-year — … Read more