Why Gold Needs a New Catalyst to Spark Its Next Rally

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Gold’s momentum has eased since its record high in April, but the main forces behind the rally — persistent central bank buying and ongoing geopolitical uncertainty — remain intact. Official sector demand stayed strong in May, with central banks adding about 20 tonnes to reserves, and purchases have continued into June. China, in particular, has … Read more

Powell to Reveal New Fed Policy Framework at Jackson Hole Summit

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The Federal Reserve’s annual Jackson Hole Economic Symposium will open Thursday evening, August 21–23, 2025, arriving at a consequential moment for global monetary policy and economic forecasting. The gathering brings together central bankers, finance ministers, academics and market participants who will discuss the policy choices shaping inflation, growth and labor markets around the world. All … Read more

Chinese Mining Chief Urges Caution on Acquisitions Despite Record Gold Rally

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Chinese gold producer Chifeng Gold is actively seeking acquisition opportunities around the world but is exercising caution in the face of recent price volatility. The company has expanded rapidly in recent years, growing annual gold production from about 2 tonnes in 2019 to 15.2 tonnes in 2023. This growth reflects production from its mining operations … Read more

Moody’s Warns Trump Tariffs Threaten U.S. Economic Stability

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Moody’s has warned that President Trump’s proposed tariff policies could undermine the United States’ economic strength and deepen concerns about the federal budget deficit. The credit-rating agency expects higher tariffs to weigh on business investment and consumer confidence, and it warns they could make it harder for the Federal Reserve to justify cutting interest rates. … Read more

Holiday Retail Sales Rise 3.8% Despite Economic Worries

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U.S. holiday retail sales rose 3.8% year over year between November 1 and December 24, according to Mastercard SpendingPulse. Shoppers showed a readiness to spend while hunting for value: online sales grew 6.7% and brick-and-mortar sales climbed 2.9%. Strong gains in apparel, restaurants, and electronics signaled healthy consumer demand, supported by a resilient labor market … Read more

Rising Living Costs Push Working Families to Food Banks

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Across the United States a new face of food insecurity is emerging: an increasing number of working families who, despite holding steady jobs, are turning to food banks to cover basic grocery needs. That growing reliance reflects the lasting impact of a roughly 23% rise in overall living costs over the past five years, with … Read more

Gold Price Outlook 2026: What Major Banks Are Predicting

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The consensus among major banks for the year-end 2026 gold price ranges from about $5,400 (Goldman Sachs) to roughly $6,300 (J.P. Morgan and Wells Fargo), with UBS at $5,900 and Morgan Stanley near $5,200. As of June 2026, spot gold trades around $4,187/oz — roughly 25% below the January 28, 2026 all-time high of $5,589.38. … Read more

Gold Hits Five-Week High as Trade Fears Weigh on Dollar

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Gold reached its highest level in five weeks, rising roughly 1.3% as markets reacted to growing concerns about looming U.S. trade deadlines and the possibility of higher tariffs. Investors moved toward the metal as a protective asset amid uncertainty over trade policy and its potential economic impact. A softer dollar and lower yields on U.S. … Read more

Is Gold a Safe Haven in a Recession? Chart Shows Reality

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How does gold do in a recession? That’s a reasonable question. Recessions are usually challenging for investors, and gold is often thought of as an inflation hedge—seemingly the opposite of the typical environment during negative economic growth. To answer it, it helps to look at historical performance during past downturns. Gold Price in a Recession … Read more