The United States has unexpectedly announced tariffs on gold bars imported from Switzerland, a move reported by the Financial Times. This decision marks a notable shift in trade policy and could affect both international trade relations and the global precious metals market. Switzerland plays a central role in refining and distributing gold worldwide. Imposing tariffs … Read more
JPMorgan Chase, the world’s largest bullion dealer, is leading an unprecedented transfer of gold into U.S. markets, arranging deliveries worth more than $4 billion against February Comex futures contracts. These deliveries are part of a broader movement totaling roughly 3 million troy ounces of gold from several major banks and represent the second-largest single delivery … Read more
Gold has recently outperformed the S&P 500, pushing the S&P 500/gold ratio down to its lowest point since 2020. This shift signals growing investor interest in gold as a defensive asset amid the current economic uncertainty. Aakash Doshi of State Street Global Advisors notes that rising demand for safe-haven assets explains much of gold’s strength, … Read more
Canada has warned it may raise retaliatory tariffs on U.S. steel and aluminum unless a broader trade arrangement is reached with the administration of President Donald Trump by July 21. The move is part of a broader effort to protect Canada’s domestic metals industry and ensure fair treatment for Canadian producers in a shifting international … Read more
The global surge in gold prices this year, driven by investors seeking safe-haven assets amid trade and economic uncertainty, is reshaping rural economies across Zimbabwe. More than 700,000 informal miners are now tapping into the high value of the metal, turning small-scale and artisanal mining into a crucial livelihood for communities in the country’s gold-rich … Read more
President Trump attempted on Monday night to remove Federal Reserve Governor Lisa Cook, alleging involvement in mortgage fraud. Governor Cook declined to resign, asserting that the president does not have the legal authority to dismiss a sitting Fed governor. This move marks an unprecedented escalation in the administration’s efforts to influence Federal Reserve policy and … Read more
Treasury Secretary Scott Bessent is urging major CEOs to stop focusing on tariffs and other short-term uncertainties, promising that the administration will provide clearer guidance within the next 90 days on trade policy, taxes, and deregulation. His message comes as top business leaders voice growing concern about a possible economic slowdown: JPMorgan’s Jamie Dimon has … Read more
Daily News Nuggets | September 9th, 2025 — Here’s what you need to know about today’s most important economic and precious metals developments: Dollar Drops to 7-Week Low, Gold Climbs to $3,659 The dollar fell to a seven-week low following disappointing jobs revisions that raised concerns about economic weakness and reinforced expectations for more aggressive … Read more
Gold and silver market update — April 22, 2026 Key Takeaways The gold-silver ratio signal cuts both ways. When silver outperforms gold, it usually means both safe-haven and industrial demand are active — a combination that has historically preceded extended precious metals momentum. The supply deficit is structural, not cyclical. The Silver Institute projects a … Read more
The GOP tax bill is officially presented with a ten-year price tag of $3.8 trillion, but several independent analysts say that figure understates the legislation’s likely fiscal consequences. The measure makes permanent the tax reductions enacted in 2017 while scheduling several politically popular provisions — such as tax-free treatment for tips and expanded overtime rules … Read more