shopper approved

    Gold & Silver News

    Gold, Silver Tumble on Report US Economy Grew at Fastest Pace in 26 Months in June

    Gold and silver tumbled Friday on the heels of a report showing that U.S. business activity expanded at its fastest pace in 26 months in June, signaling a strong finish to the second quarter. The S&P Global flash PMI composite output index climbed to 54.6 in June, a notch higher than May’s index of 54.5 and its…

    Read More

    Top Stories

    Read More

    Subscribe to JM Bullion’s newsletter to receive timely market updates, sales and giveaways.

    Recent Articles

    RBC: Gold Vulnerable After Record Highs, Taking Cautious Outlook

    One of the world’s largest banks is advising a cautious outlook on gold, saying “unrealized vulnerabilities” pose a threat to the yellow metal after its record run last month.  Analysts with RBC Capital Markets, part of the Royal Bank of Canada, said in a note that there are some “unrealized vulnerabilities to the pillars of gold’s rally.”…

    Read More

    Survey: Inflation, Global Unrest Spur Banks’ Increase of Gold Reserves

    Persistent high inflation, geopolitical instability, and a desire to strategically diversify resource holdings were among the top reasons cited by central banks on why gold will continue to be a favored reserve asset in 2024 and beyond, a survey by an industry trade group found. The results of the 2024 Central Bank Gold Reserves Survey,…

    Read More

    Gold, Silver Jump on Lackluster Housing, Unemployment Data

    Gold and silver broke out of the midweek holiday with a strong showing on Thursday after a flurry of reports on building permits, housing starts, and unemployment muted hopes the economy was finally on the backside of its inflation fight. Gold was up $33.13 at $2,362 per ounce and silver climbed $0.94 to break through…

    Read More

    Fed Members Optimistic on Inflation Fight, Want More Data Before Deciding on Rate Cuts

    Several Federal Reserve officials struck an optimistic tone Tuesday in the country’s protracted struggle to get a handle on inflation but warned against easing the current restrictive monetary policy too soon for fear of jeopardizing hard-won economic progress. Federal Reserve Governor Adriana Kugler, Federal Reserve Bank of Richmond President Thomas Barkin, and Boston Federal Reserve…

    Read More

    Gold Trades in Positive Territory As May’s Retail Sales Show Increase

    After a sluggish start to the week, gold was trading in positive territory early Tuesday as a report showed that U.S. retail sales rose by a modest 0.1% in May. The data released by the U.S. Census Bureau still fell short of Wall Street expectations of a 0.2% bump, an ever-present indication that inflation still…

    Read More

    Philly Fed President: One Rate Cut ‘Appropriate’ in 2024 if Data Holds

    One reduction in the benchmark interest rate would be “appropriate” by the end of the year so long as current data pointing to a slowdown in inflation holds steady, a Federal Reserve official said Monday. Philadelphia Federal Reserve President Patrick Harker also cautioned in a speech that the Fed was still “surrounded by an air…

    Read More