U.S. Auto Industry Faces 25% Tariff as Trump Escalates Trade War

featured 3792

President Trump has announced plans to impose a 25% tariff on imported automobiles, pharmaceuticals, and semiconductor products, with the possibility of higher rates later in the year. According to the announcement, the tariff on imported cars could be finalized as soon as April 2. Tariffs on semiconductors and pharmaceutical imports may rise “substantially higher” over … Read more

Dollar Slips and Gold Drops — Why This Could Signal a Bull Market

featured 159688

Gold and silver market update — April 23, 2026 Key Takeaways Gold traded around $4,705 per ounce on April 23, 2026, slipping despite pressure on the dollar, a recent seizure of commercial ships in the Strait of Hormuz, and a Fed operating without a confirmed chair. A specific chain reaction in rates and real yields … Read more

Gold Jumps 2% on Dollar Weakness as Safe-Haven Demand Surges

featured 22463

Gold prices surged more than 2% on Monday as a softer U.S. dollar and renewed demand for safe-haven assets followed President Trump’s announcement of new tariffs. The move reflected investor caution amid heightened geopolitical and trade tensions, driving money into precious metals. The metal climbed to $3,313.21 per ounce as markets awaited the Federal Reserve’s … Read more

Fed Likely to Keep Rates Steady Despite Trump’s Push for Cuts

featured 23291

President Trump is publicly urging the Federal Reserve to cut interest rates, but market expectations and economists broadly anticipate that the Fed will hold rates steady at its upcoming May 7 meeting. Although the president has criticized the Fed on social media, calling its policy decisions “TOO LATE AND WRONG,” most analysts expect no change … Read more

Shanghai Bank Gold Bar Tests Positive for Suspicious Materials

featured 24162

Residents in Shanghai are raising concerns after a customer found dark impurities inside a gold bar bought from a bank when the bar was being made into jewelry. The customer noticed the discoloration while the jeweler was working on the piece and brought the issue back to the bank, which initially resisted the claim. The … Read more

Gold Revaluation: Could It Solve America’s $800 Billion Debt Shortfall?

featured 3772

A potential revaluation of gold to $3,000 per ounce could offer a way to reduce U.S. debt without triggering market instability. Under the proposal, the government would recognize a higher official value for its gold holdings and use that revalued metal as collateral to access 0% financing. Those low-cost borrowings could then be used to … Read more

How to Pay for Gold and Silver Purchases at GoldSilver

featured 1751

We accept a variety of secure payment methods to make purchasing precious metals simple and convenient. Orders paid by bank wire or paper check receive our best pricing with a 4% discount; these payments may take slightly longer to process and ship. We also accept: Credit and debit cards PayPal (including balances, bank transfers, e-checks, … Read more

Gold Rises as Trump’s Tariffs Spur Global Safe-Haven Rush

featured 4093

Gold extended gains for a second straight session on Tuesday, rising 0.9% to $2,919.44 an ounce as investors sought safety amid escalating global trade tensions. President Trump’s move to impose 25% tariffs on imports from Mexico and Canada, coupled with a doubling of duties on Chinese goods to 20%, prompted an immediate response from China … Read more

Trump Tariff Shock: How New Gold Bar Duties Roil Bullion Markets

featured 86045

The United States has unexpectedly imposed tariffs on certain gold bar imports, a move that has quickly ripple‑effected through global precious metals markets. What began as a technical adjustment by US authorities has created pronounced price distortions and prompted market participants to reassess supply chains and trading strategies. US Customs and Border Protection issued guidance … Read more

Powell: Fed Well Positioned to Wait After Bigger-Than-Expected Tariff Impact

featured 5794

Federal Reserve Chair Jerome Powell has warned that President Trump’s recently announced global tariffs could have “significantly larger than expected” impacts on the U.S. economy, potentially producing higher inflation and slower growth. That statement represents a change from Powell’s March assessment, when he said tariff effects were likely to be temporary. He now cautions that … Read more