Markets Rally After December CPI Slightly Exceeds Forecast

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U.S. consumer prices rose slightly more than expected in December, with the Consumer Price Index (CPI) increasing 0.4% from the prior month and 2.9% year over year. A portion of the gain was driven by higher energy costs, which contributed to the monthly uptick. While the monthly rise exceeded consensus forecasts of about 0.3%, the … Read more

Gold Rises as Dollar Weakens and Trade Tensions Return

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Gold prices rose on Monday as a softer dollar and renewed global trade tensions pushed investors toward safe-haven assets. Markets reacted to fresh tariff threats from former President Trump, prompting increased caution among traders and boosting demand for gold. The metal often benefits when uncertainty grows, as investors seek to protect portfolios against market volatility … Read more

Brazil Abandons BRICS Currency Plan, Explores Dollar Alternatives

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Brazil has announced it will not pursue creation of a common BRICS currency during its 2024 presidency, setting aside earlier discussions on the idea. The government says it will concentrate on pragmatic measures to improve trade settlement among BRICS members using their own national currencies. Officials emphasized that the priority is to remove practical obstacles … Read more

Zambia Moves to Enforce Local Content Rules as Copper Output Jumps 30%

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Zambia’s Ministry of Mines will introduce regulations by the end of June that require mining companies to prioritise local suppliers for goods and services. The new local content rules are being developed as part of the recently enacted Geological and Minerals Development Act. Government officials are consulting with industry stakeholders to refine the regulations so … Read more

Should You Trade Silver for Gold Now? Timing Guide for Investors

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If you’ve built a precious metals portfolio, you’ve likely wondered whether you should swap some silver for gold. There’s no single right answer, but there is a clear framework. It starts with understanding the gold-to-silver ratio and what it signals about relative value. What Is the Gold-to-Silver Ratio — and Why Does It Matter? The … Read more

Contrarian Traders Wager on Fed Rate Hikes as Markets Doubt

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A contrarian view is emerging among bond traders: instead of cutting interest rates in 2025, the Federal Reserve might raise them. That alternative outlook gained traction after a stronger-than-expected January jobs report and has persisted even after recent inflation readings that many interpreted as reinforcing a rate-cutting stance. Options markets currently imply roughly a 25% … Read more

Gold Rally Stalls at $3,435 — Key Support Levels to Watch

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Société Générale’s foreign exchange analysts report that gold’s recent advance has paused beneath the important $3,500 level, forming a lower high near $3,435. Technical indicators point to weakening upward momentum: the daily MACD has retreated from multi-month peaks and fallen below its trigger line, indicating a likely consolidation phase rather than a continued immediate ascent. … Read more

India Gold Demand Rises as Chinese Imports Fall to 21-Month Low

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Gold demand in India has started to pick up this week after domestic prices eased back from their recent record highs, although many buyers are still cautious. Lower prices have encouraged some purchases, but overall consumer sentiment remains guarded amid broader economic uncertainty. Retail dealers trimmed discounts to approximately $12–$27 per ounce, down from about … Read more

US-China Trade Optimism Sends Gold Under $3,300

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Gold prices fell more than 1.5% on Friday, settling at $3,299.69 per ounce and moving toward a weekly decline as signs surfaced that tensions in the US-China trade dispute may be easing. Reports that China could exempt certain US goods from tariffs boosted market sentiment, strengthening the dollar and helping European stocks rise. Analyst Zain … Read more

What Is a Troy Ounce? Meaning, Use, and How It Differs From an Ounce

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The metric system, officially known as the International System of Units (SI), is widely used around the world. Yet the troy ounce—the standard unit for weighing precious metals such as gold and silver—belongs to a different, older system and is neither part of the metric system nor the common avoirdupois system used for everyday weights … Read more