Wealthy investors are increasingly shifting funds away from traditional US dollar-denominated assets and reallocating capital into alternative stores of value such as gold, selected cryptocurrencies, and a variety of commodities. Amy Lo, an executive at UBS, explained that this movement reflects a broader reassessment of portfolio concentration and currency exposure among high-net-worth clients. Speaking in … Read more

President Trump said he has narrowed his shortlist to “three or four” candidates to succeed Federal Reserve Chair Jerome Powell when Powell’s term ends in May 2026. Speaking at a NATO summit press conference, Trump described Powell as “terrible” and said he was looking forward to the end of Powell’s tenure. Though there has been … Read more

Gold and the S&P 500 are both approaching record highs at the same time — a relatively rare market occurrence that highlights a mix of investor beliefs. Typically, rising equities signal confidence and a willingness to take on risk, while gains in gold reflect demand for protection and a hedge against uncertainty. The simultaneous advance … Read more

Most downturns hurt a single asset class. Stagflation hurts nearly all of them at once. Stocks suffer when growth stalls. Bonds lose value when inflation runs hot. Cash quietly loses purchasing power year after year. Typical hedges often fail or make things worse. Gold and silver behave differently. Their performance across stagflationary episodes over the … Read more

After a standout year in which gold climbed almost 30% and reached record levels, Citigroup analysts now expect a pronounced reversal for the precious metal. Citi projects that gold, currently trading near $3,388 per ounce, will decline into a range of $2,500–$2,700 by the second half of 2026. The bank attributes this anticipated drop mainly … Read more

An analysis from the World Gold Council finds that the connection between gold prices and the U.S. Consumer Price Index (CPI) is modest. Using data since 1971, the study shows that CPI inflation accounts for just 16% of the variation in gold prices. In other words, most movements in gold are driven by factors other … Read more

AngloGold Ashanti and Gold Fields, two of the largest gold producers operating in Ghana, have put on hold talks about forming a combined venture that would have linked their adjacent mining operations. The discussions were aimed at consolidating the asset footprint to create a larger, more efficient mining complex, but both companies have agreed to … Read more

KEY TAKEAWAYS: Gold’s roughly 2% drop was driven by margin liquidation after an oil spike, not by a change in fundamentals. The Hormuz blockade adds energy-driven inflation to an already stagflationary backdrop (CPI 3.3%; rate cuts for 2026 appear unlikely). Central banks continue accumulating gold: the PBOC extended purchases into a 17th month, and major … Read more

Soaring gold prices are weighing on physical demand across Asia, says Commerzbank commodity analyst Barbara Lambrecht. In India, where gold recently reached record highs when priced in rupees, imports tumbled to just 21 tonnes in June — the lowest monthly total since April 2023 — helping drive a 30% year‑on‑year decline in first‑half imports to … Read more

UBS has raised its gold price target to $3,200 per ounce, up from a previous projection of $3,000, citing stronger retail demand for gold-backed exchange-traded funds (ETFs). The upgrade comes after gold surpassed the $3,000 mark on March 13. Prices have climbed sharply over the past year, rising by nearly 40% as investors seek a … Read more