Gold Demand Surges from Washington to Mumbai: What’s Driving It?

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Daily News Nuggets | August 29th, 2025 — Here’s what you need to know about today’s most important economic and precious metals news: Inflation Data Opens Door for September Rate Cut The Fed’s preferred inflation measure matched expectations today. July’s core PCE rose 0.3% month-over-month and 2.9% year-over-year, while overall PCE increased 0.2% for the … Read more

Hong Kong Jewelry Manufacturing Shifts to Mainland China as Exports Fall

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Hong Kong’s jewelry industry delivered mixed results in 2024. Renowned for its craftsmanship and ability to adapt, the sector saw divergent performance across product categories and markets. Fine jewelry continues to dominate the trade, accounting for 91.6% of exports, but experienced an 8% decline to HK$80.5 billion after a strong 23% growth in 2023. Both … Read more

Cost of Living: How Prices Grew from 1938 to 2015

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Originally posted by mybudget360 Many people struggle to see how inflation slowly eats away at purchasing power. Over time, prices creep up and consumers begin to accept higher costs as normal. A $2 movie ticket decades ago can become an $8 ticket today. Packaged goods may shrink while the price stays the same. The cost … Read more

US Dollar Rises as US Economy Pulls Ahead of Global Rivals

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The US dollar is heading toward its strongest year since 2015, supported by a combination of a resilient US economy and the Federal Reserve’s cautious stance on cutting interest rates. Investors have largely priced in a slower pace of rate reductions, which has kept demand for dollars elevated and helped push the currency higher against … Read more

Gold Surges 1.7% as Israeli Strikes Escalate Tensions with Iran

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Gold jumped 1.7% to $3,439.79 per ounce on Friday, closing in on its April record of $3,500.05, after Israeli airstrikes on Iranian nuclear sites and missile factories raised fears of a broader Middle East conflict. The move capped a weekly gain of about 4% for the precious metal. The rally was driven by two main … Read more

Gold Jumps 11% in September After DC Government Shutdown

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Daily News Nuggets | Today’s top stories for gold and silver investors October 2nd, 2025 Gold Extends Rally to Five Days Gold extended its winning streak to a fifth day, trading near $3,880 per ounce as markets digest political tensions at the Federal Reserve and the start of a U.S. government shutdown. Silver remained steady … Read more

Factory Costs Fall to 82.1 — How That Boosts Your Gold Investments

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Key Takeaways The ISM Manufacturing Prices‑Paid Index printed 82.1 in May 2026 — the 20th consecutive month of rising factory input costs — confirming that inflation is entrenched, not fading, per the ISM’s June 1 report. The Federal Reserve enters its June 16–17 meeting constrained: it cannot cut into hot inflation, and it cannot raise … Read more

Wall Street Watch: How Inflation, Earnings, and Trade Policy Clash

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Markets are entering a packed week as investors prepare for a string of important economic data and corporate earnings. The spotlight will be on Tuesday’s Consumer Price Index (CPI) report, which investors and economists see as a key indicator of inflation trends ahead of the Federal Reserve’s policy decision in two weeks. Any surprise in … Read more

Gold Falls After U.S. Wholesale Prices Spike: Weekly Market Update

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Gold prices are expected to dip this week after US wholesale inflation data for July came in hotter than analysts had forecast. The stronger-than-expected inflation reading trimmed market expectations that the Federal Reserve will cut interest rates in September. Where markets had previously priced in a near-certain cut, traders now place roughly a 90% probability … Read more

Commodities Index Climbs to 26-Month High Led by Gold and Silver Rally

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The Bloomberg Commodity Total Return Index has climbed to a 26-month high, driven by a broad-based rally that may signal a breakout from a two-year trading range. Tracking 24 major commodity futures across energy, metals and agriculture, the index is up 5.9% year-to-date and 13.5% over the past 12 months. Precious metals have been among … Read more