Hello and welcome to our market week preview, where we take a look at the economic data, market news, and headlines likely to have the biggest impact on pricing and market momentum for gold, silver, and platinum, as well as key correlated assets. Gold Market Update Gold prices continue to hold strong support and, all…

Hello and welcome to our market week preview, where we take a look at the economic data, market news, and headlines likely to have the biggest impact on pricing and market momentum for gold, silver, and platinum, as well as key correlated assets. Gold Market Gold prices are marking a two-week high well above $4000/oz…

If you haven’t heard, an ounce of gold is now worth more than $4,000. To no one’s surprise, the surpassing of the $4K mark represented a new all-time high price for the yellow metal. However, the eclipsing of this mark is significant for several different reasons. It is historically significant, recently significant, and a potentially…

The price of gold has established a new record high in 2025. As of September 30, 2025, gold reached $3,870 per ounce, a historic milestone for the precious metal. Investors who held gold at the beginning of 2025 have seen gains exceeding $1,000 per ounce over just nine months of trading. Several key factors are…

Gold was the star of the show this week, notching a new all-time high price and vaulting over the psychological $2,500 per ounce benchmark. Silver was nothing to sneeze at – the white metal posted its highest price in nearly two weeks on a favorable economic outlook. Geopolitical unrest continued as the biggest driver for…

The global market meltdown touched off on Aug. 2 by a dismal U.S. jobs report continued to pound the market through most of last week. Recession fears sent The Dow Jones Industrial Average into a nosedive last Monday with a loss of more than 1,000 points and chomped 3% out of the S&P 500 for…

Bullion investors found plenty of reasons last week to believe that gold and silver have room – maybe quite a bit of it – to run in the short term. Federal Reserve Chairman Jerome Powell, whose dovish scenario of a potential interest rate cut being “on the table” in September if market conditions held, set…

Bullion traders navigated a heady week packed with sell-offs and profit-taking, Capitol Hill curveballs, and a barrage of sometimes conflicting financial data on housing, inventories, second-quarter GDP, and inflation that left more than a few Wall Street observers wondering which way the U.S. economy was heading. Throw in a generous dash of market uncertainty –…

Gold grabbed most of the headlines last week as the yellow metal set a new all-time high on Tuesday, shattered that record a day later, and then shed those gains to close out the series of whirlwind trading sessions. It was a different story for silver, which struggled after China – a top consumer of…

Gold hit its all-time high and appeared to head even higher Tuesday morning as an emboldened marketplace estimated the likelihood of a September interest rate cut at 100%. The yellow metal was trading at $2,458 per ounce late Tuesday morning, up $35.59 and gaining nearly 1.5% on the day so far. The figure shattered gold’s…

Last week’s surge in both gold and silver was bookended by cautious optimism from bullion traders, hoping to collect enough evidence to prove that an interest rate cut in September was all but a formality. They cherry-picked some encouraging remarks from the two-day Capitol Hill testimony of Federal Reserve Chairman Jerome Powell, who told federal lawmakers the…

Precious metals investors entered last week looking for the kind of spark that could lift gold and silver out of its spell of sideways, one step forward, two steps back, trading. They got an explosion. It came in a litany of reports exposing a deteriorating U.S. economy – including data showing that job creation among…

It seemed gold and silver were beginning to run out of steam around midweek, bobbing and weaving around dismal economic reports that revealed just how far new U.S. home sales plummeted in May and consumer confidence dipping last month. A much-needed jumpstart came on the heels of Thursday’s report on U.S. durable goods orders that beat Wall Street expectations and Friday’s…

Gold and silver were mixed in trading Friday morning as a key economic gauge for the Federal Reserve showed inflation cooled last month, renewing market hopes that policymakers will finally be convinced to lower interest rates later this year.  Data from the U.S. Bureau of Economic Analysis reported that personal consumption expenditures, or PCE, were unchanged…

Atlanta Federal Reserve Bank President Raphael Bostic continued Thursday to back one interest rate cut this year, saying if federal policymakers wait too long for inflation to meet their 2% target, they risk “sapping too much momentum from the economy and the labor market.” Bostic made the remarks in an essay posted to the regional bank’s website….

After dipping to a two-week trading low a day earlier, gold broke out in a big way Thursday morning after a report showing an increase in U.S. durable goods orders that beat Wall Street expectations.  Data from the Commerce Department showed that new orders for manufactured durable goods in May increased $0.3 billion – or 0.1%…

Investors will be closely watching tomorrow’s first presidential debate and Friday’s key personal consumption expenditures price index estimates for May, which are two events that could provide some early Fourth of July fireworks. Kicking off the home stretch, Democratic President Joe Biden is set to debate Republican challenger Donald Trump Thursday night, marking the start…

Gold and silver traded down Wednesday morning after a report showing that new U.S. home sales took a nosedive last month, another piece of evidence pointing to inflation’s relentless grip on the housing industry.  The figures from the U.S. Census Bureau and Department of Housing and Urban Development showed sales of new single-family houses last month at…

While the economy and labor market have shown signs of resilience, the U.S. has made only modest strides in lowering inflation this year, justifying the need to keep restrictive monetary policy in place for the time being, two Federal Reserve officials said Tuesday.  The separate speeches by Federal Governors Lisa Cook and Michelle Bowman both…

Gold and silver were down in Tuesday morning trading after a report showing that consumer confidence weakened in June, another sign pointing to the precarious nature of the U.S. economy.  The Conference Board’s Consumer Confidence Index dipped in June to 100.4, down from 101.3 in May, as consumers’ concerns about the future persisted. Economists had projected a…

Increasing demand by investors, geopolitical tensions, central bank demand, and federal monetary policy could see gold climb to $3,000 per ounce within the next year to 18 months, according to a bullish outlook on the yellow metal by a Bank of America analyst.  The note published by Michael Widmer, a commodity strategist at the bank, lays out…

Policymakers need to consider whether the current benchmark interest rate is appropriate for an economy that is showing signs of cooling outside of inflation, a Federal Reserve official said Monday. Federal Reserve Bank of Chicago President Austan Goolsbee said in an interview that while the current restrictive monetary policy is in place to “guard against…

After a sluggish start to last week, gold and silver came out swinging after Wednesday’s Juneteenth market holiday. But the gains were short-lived. Friday’s S&P Global flash PMI composite output index – showing that U.S. business activity expanded at its fastest pace in 26 months in June – sent both commodities plummeting. Meanwhile, investors with high hopes…

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…

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.”…