President Trump used a video address to the World Economic Forum in Davos to lay out a clear “carrot-and-stick” message to global business leaders on his third day in office. He pledged one of the most competitive corporate tax environments for companies that manufacture in the United States, while warning that firms that do not … Read more

Gold prices have climbed back toward record levels, reaching $3,418.14 per troy ounce on Thursday—just below the all-time high of $3,448.50 set in June. The rally follows a more than 3% gain from a one-month low recorded last week. Investors reacted to weaker-than-expected U.S. employment data showing that employers added fewer workers in July and … Read more

Gold prices edged lower after investors grew more confident following a recent U.S.-Japan trade agreement that eased tariffs and reduced some economic uncertainty. The accord, together with a firmer U.S. dollar and higher Treasury yields, weighed on bullion’s appeal as a safe-haven asset. At the same time, silver advanced to its strongest level since 2011, … Read more

Silver prices (XAG/USD) climbed toward $34 during European trading after President Trump announced permanent 25% tariffs on imported vehicles, triggering global economic concerns and boosting silver’s appeal as a safe-haven asset. The tariffs, scheduled to take effect on April 2, are set to affect major auto exporters to the United States, including Mexico, Canada, Japan, … Read more

Gold prices have climbed about 28% since Donald Trump’s election victory, reaching a record $3,245.28 per ounce after his April 2 “Liberation Day” tariff announcements. As geopolitical and trade tensions rise, gold is once again acting as a safe-haven asset, supported by declining confidence in U.S. Treasuries and broader economic uncertainty. Still, the metal’s direction … Read more

Moody’s recent downgrade of U.S. credit has intensified investor concern over the country’s rising debt and widening fiscal deficits. The decision highlights broader worries about persistent political gridlock in Washington and a reluctance to tackle long-term structural fiscal problems. Many market observers see the downgrade as a signal that policy-makers have so far been unable … Read more

The World Gold Council’s latest Gold Demand Trends report shows central banks continued their steady gold-buying strategy for a 15th consecutive year. In 2024 central banks purchased 1,044.6 metric tons of gold, a slight decline from 2023’s 1,050.8 metric tons. Despite the small drop, this marks the third straight year of purchases exceeding 1,000 metric … Read more

Precious metals are rallying as investors turn to safe-haven assets amid escalating trade tensions. Silver jumped to its highest level since October, rising 3.1% to trade above $33 per ounce, while gold extended its longest winning streak since August 2020, marking seven consecutive weeks of gains. The advance followed a new round of country-specific tariffs … Read more

The Federal Reserve left interest rates unchanged on Wednesday while announcing a slower pace of balance sheet reduction. Fed officials raised their year-end inflation forecast to 2.7%, up from 2.5% in December, even as they projected slower economic growth. Officials cited several factors contributing to higher inflation expectations, including the potential impact of proposed tariffs … Read more

Gold remained steady just above $3,330 per ounce as markets awaited the Federal Reserve’s upcoming interest rate decision. Although the Fed is widely expected to hold rates steady, investors are closely watching for any signals from Chair Jerome Powell about the likelihood and timing of rate cuts later in the year. Such guidance could quickly … Read more