Nov 19, 2024
This escalation rattled global markets. U.S. stock indexes retreated, while the gold price rallied and appears to have found a temporary floor, driven by a surge in geopolitical tensions.
political | Nov 12, 2024
As expected, Donald Trump's victory in the recent U.S. presidential election has triggered a rally in equities, Bitcoin, and the U.S. dollar, creating significant headwinds for gold and silver prices.
metal | Nov 5, 2024
In 2016, Donald Trump entered the election as the underdog against Hillary Clinton. The expectation was that if he managed an unlikely victory, gold prices would surge due to his potential to disrupt the establishment and implement foreign policy changes
metal | Oct 29, 2024
This seemingly never-ending gold rally just keeps on giving. What initially started as a reaction to COVID back in 2020 has now transformed into one of the most prolonged and meaningful bull runs in gold’s modern history. The questions remain: why does gold continue to achieve new all-time highs, and how long will this momentum last?
metal | Oct 22, 2024
On Friday, gold surged to new heights, closing above $2,700 per ounce and reaching $2,740 today, marking a new all-time high. Silver followed suit, breaking through $33 per ounce and extending to around $34.30, its highest level this year.
metal | Oct 8, 2024
Gold ETFs play a crucial role in the overall gold market. They are second only to central bank purchases in terms of significance, and their performance heavily influences gold prices. Currently, all three segments of the investment gold market; central banks, ETFs, and the retail physical market are active buyers. As a result, analysts expect gold prices to continue appreciating in the foreseeable future.
metal | Oct 1, 2024
It has been one week since the Federal Open Market Committee (FOMC) cut interest rates. Thus far, the reaction from gold has been modest, rising by 1% since Chairman Powell announced the 50-basis-point rate cut. Silver, for its part, is up just under 2% and continues to be the more volatile of the two metals under current market conditions.
metal | Sep 24, 2024
A recent bipartisan report highlights escalating geopolitical tensions that pose serious threats to global stability, which may drive demand for gold and silver. The report, issued by a congressionally appointed commission, warns that the U.S. faces its most severe threats since 1945, including the potential for near-term conflict.
metal | Sep 17, 2024
It’s been an eventful week in both the political and financial markets. Vice President Kamala Harris faced off against former President Donald Trump in a high-profile debate, where she performed notably well, regardless of differing political perspectives.
metal | Sep 10, 2024
The nation’s attention will be fixed on televisions and laptops this evening as Donald Trump and Kamala Harris participate in what may be the only publicized debate between the two presidential candidates. With polls showing them in a tight race, and their contrasting styles, the debate promises to be a lively event.