Buyer’s Remorse: 1 in 7 Homebuyers Walking Away from Deals

The housing market is experiencing significant disruption with over 41,000 U.S. home-purchase agreements falling through in January, representing 14.3% of homes under contract – the highest cancellation rate for this season on record. This shift is driven by three key factors: First, housing inventory has reached its highest level since 2020 while pending sales hit record lows, giving buyers leverage to back out during inspections when better options appear. Second, economic uncertainty from tariffs, layoffs, and policy changes is causing hesitation among both buyers and sellers. Third, the combination of high mortgage rates (which hit an eight-month high of 6.96% […]

Gold’s Historic Run Hits Pause Button | Goldman Still Targets $3,100

Brandon Sauerwein, Editor Gold’s Record Rally Pauses:  Strategic Opportunity or Warning Sign? Gold’s remarkable eight-week winning streak has finally taken a breather, with prices retreating from Monday’s record high of $2,956.19 to around $2,850 — marking the first weekly decline of 2025. This healthy pullback comes amid a strengthening dollar following President Trump’s tariff announcements, creating a natural profit-taking opportunity after such an impressive run. Despite this temporary dip, the fundamental drivers supporting gold remain rock-solid – persistent inflation concerns, ongoing geopolitical tensions, and anticipated interest rate cuts continue to make the yellow metal an attractive option for investors navigating […]

Fed’s Preferred Inflation Measure Shows 2.5% Annual Increase in January

Inflation rose 2.5% in January according to the PCE index, which is the measurement the Federal Reserve watches most closely. This matched what economists expected. While inflation has fallen significantly from its 9% peak in mid-2022, it’s still higher than the Fed’s 2% goal. Another inflation measure, the Consumer Price Index, showed prices rising at 3% in January. Economists note that these persistent inflation figures validate the Federal Reserve’s decision in January to hold off on further interest rate cuts. Consumer sentiment is deteriorating amid these economic pressures, with a CBS News poll revealing most Americans feel their incomes aren’t […]

Goldman Sachs Forecasts Gold to Hit $3,100 by End of 2025

Despite the recent price pullback, Goldman Sachs has raised its gold price forecast to $3,100 per troy ounce by the end of 2025, representing an 8% increase from current levels. This bullish outlook is driven primarily by strong central bank demand, as countries have been increasing their gold reserves since Russian assets were frozen in 2022. Additional support will come from growing interest in gold ETFs as interest rates decline, though a potential reduction in speculative positions may partially offset these gains. Under a scenario of continued global uncertainty, prices could climb even higher to $3,300.

India’s Gold Demand Picks Up While Chinese Imports Hit 21-Month Low

Gold demand in India has begun to improve this week as prices retreated from record highs, though many buyers remain cautious. Dealers reduced discounts to $12-$27 per ounce from last week’s $35. Meanwhile, Chinese gold imports via Hong Kong fell significantly in January, hitting their lowest level since April 2022. India’s February gold imports are projected to plummet 85% year-over-year to a 20-year low, with tightening supplies as banks have barely imported any gold this month.

Profit-Taking and Tariff Concerns Push Gold to First Weekly Loss of 2025

Gold prices have fallen for the first weekly loss of 2025, trading near $2,860 an ounce after hitting a record high of $2,956.19 earlier this week. President Trump’s announcement of impending tariffs on Canada, Mexico, and additional levies on China has strengthened the US dollar, making gold less attractive to foreign investors. While concerns about inflation, trade tensions, and geopolitical uncertainty continue to support gold’s status as a safe haven, these factors have been overshadowed this week by profit-taking and dollar strength. Investors are now looking to the Fed’s preferred inflation gauge—the core PCE price index—for clues about future monetary […]