Markets worry the Trump administration may be seeking a weaker dollar through trade negotiations, a prospect that has contributed to recent currency volatility. An insider, however, says U.S. officials are not including formal currency commitments in talks and that only the Treasury Secretary, Bessent, is authorized to speak on currency policy. Although the dollar has … Read more

Gold has continued its strong run, gaining about 12% year-to-date and pushing prices toward $3,000 per troy ounce after a remarkable 25.3% rally last year that outpaced the S&P 500’s total return. JP Morgan highlights that central banks have become the dominant force in the gold market, increasing their purchases by an average of 11.5% … Read more

Despite a cooler-than-expected Consumer Price Index report, several major Wall Street economists warn that tariffs will push inflation higher in the months ahead. Goldman Sachs, UBS and JPMorgan Chase all forecast that recent tariff measures will raise consumer prices. Goldman Sachs estimates that roughly two-thirds of the tariff burden will be passed on to U.S. … Read more

Gold prices extended their advance on Tuesday, rising 0.3% to $3,219.99 per ounce after reaching an all-time high of $3,245.42 on Monday. The latest gains reflect a growing shift by investors toward gold as a safe-haven asset amid mounting concerns over proposed tariffs from US President Donald Trump, especially those targeting semiconductors and pharmaceuticals. Market … Read more

The global bond market is undergoing a notable repricing as yields rise across major economies, led by the $28 trillion U.S. Treasury market. Early in 2025, yields have moved sharply higher: the 10-year U.S. Treasury yield climbed more than a percentage point over four months and is nearing the psychologically important 5% threshold. This sudden … Read more

Global bond markets have recently gone through a period of intense volatility, marked by a turnout against long-term government debt followed by a swift rebound. Investors initially shifted away from extended-maturity bonds, then reacted quickly when new policy signals and supply expectations changed, producing sharp moves in yields and prices across major markets. Two key … Read more

Trading.com CEO Peter McGuire forecasts a strong rally for gold and silver in the second half of 2025, projecting gold could climb to between $3,600 and $4,000 per ounce and silver could rise above $40. McGuire attributes this potential rise to a weakening U.S. dollar, an expected interest-rate cut by the Federal Reserve, and robust … Read more

Federal Reserve officials Michelle Bowman and Jeff Schmid have signaled a cautious approach to future interest-rate cuts, suggesting the central bank’s benchmark rate may already be approaching a “neutral” level after 100 basis points of reductions since September. Their remarks reflect concern that the current stance of monetary policy might be closer to balanced than … Read more

Gold hit a milestone on Tuesday, briefly trading above $3,500 per ounce after President Trump publicly criticized Federal Reserve Chair Jerome Powell. Trump warned that the economy could slow unless the Fed cuts interest rates, a comment that heightened investor uncertainty and boosted demand for gold as a safe-haven asset. By the close, gold settled … Read more

Bert Dohmen’s Wellington Letter warns that the recent wave of market selling is not a buying opportunity but the start of a bear market. According to the analysis, stocks are breaking through technical support on heavy volume, a pattern that often precedes more severe declines. The report characterizes the situation as a potential “liquidation bear … Read more