Gold Takes a Breather at $3,500, But Bulls Remain in Control

UBS analysts remain bullish on gold despite its recent price consolidation after reaching a record $3,500 in April. The bank cites ongoing uncertainty around U.S. tariffs, fiscal policy, and Federal Reserve decisions as factors that make gold an attractive portfolio diversifier. Strong demand from central banks, ETF inflows, and physical investment continues to support gold’s outlook, with the current pause viewed as healthy for future price increases.

TD Securities Targets $3,650 Gold as Middle East Tensions Drive Safe Haven Demand

TD Securities has taken a bullish stance on gold, opening a tactical long position with an ambitious one-month price target of $3,650 per ounce. The investment bank views gold as a low-risk safe haven asset that can provide protection against escalating tensions in the Middle East and potential regional instability.

Fed Rate Cuts Back on Table After Encouraging Inflation Data

Recent economic data strengthens the case for Federal Reserve interest rate cuts beginning in September. Thursday’s reports revealed two key developments: inflation appears to be moderating toward the Fed’s 2% target, and the labor market shows signs of softening. Producer prices increased 2.6% year-over-year in May, and economists estimate that core inflation likely rose just 0.12% month-over-month. On the employment front, while initial jobless claims remained steady at 248,000, continuing claims jumped to 1.951 million—the highest since November 2021. This suggests unemployed workers are having more difficulty finding new jobs. The Fed is expected to maintain current rates at its […]

Bond King Gundlach: Treasury Bonds Have Lost Their Safe-Haven Status as Gold Takes the Crown

Jeffrey Gundlach, DoubleLine’s CEO and CIO, observes that financial markets are behaving “strangely” compared to historical patterns. During the recent April stock pullback, both the dollar and Treasury yields fell—the opposite of what typically occurred during S&P 500 corrections over the past 15 years. This unusual behavior reflects growing awareness that America’s $2 trillion budget deficit and persistent interest rates make the country’s interest expenses unsustainable. Gundlach argues that 30-year Treasury bonds have lost their status as flight-to-quality assets, as they’re no longer responding predictably to interest rate changes or inflation data. He’s avoiding long bonds until yields potentially reach […]

Trump Administration Claims Tax Cuts Will Save $8 Trillion; Experts Say It Will Cost $3 Trillion

The White House and economists are in sharp disagreement over President Trump’s tax legislation. While independent economists from organizations like the Congressional Budget Office and Tax Foundation estimate the bill will cost around $3 trillion over the next decade, the Trump administration claims it will actually generate revenue and reduce the deficit by up to $8 trillion. This massive $11 trillion gap has created tensions on Capitol Hill, with experts calling the White House projections “ridiculous” and based on contradictory assumptions. During a recent Congressional hearing, Treasury Secretary Bessent could only cite Arthur Laffer, a longtime Trump supporter, as an […]

From Rare Earths to Semiconductors: How Supply Chains Became Economic Weapons

The U.S.-China trade war has shifted from tariffs to export controls, with both nations weaponizing their supply chains. China controls critical rare earth minerals needed for electronics and defense, while the U.S. dominates advanced semiconductor technology. In a recent standoff, China restricted rare earth magnet exports and the U.S. halted shipments of jet engines and chip-making software. While they reached a temporary six-month deal, the ongoing uncertainty is forcing companies to split their operations—treating the U.S. and China as two separate markets with independent supply chains.

Barrick Cuts 2025 Gold Forecast as Mali Standoff Deepens Over Mining Rights

Barrick Mining has excluded its Mali gold complex from its 2025 production targets following a major dispute with Mali’s government over new mining laws. The Loulo-Gounkoto complex, which represents 14% of Barrick’s total output, has been shut down since January after Mali blocked gold exports and detained staff. The dispute centers on revenue sharing and legal jurisdiction, with Mali seeking greater control and domestic court oversight. Despite ongoing negotiations, a Mali court is set to decide whether to appoint a provisional administrator, which would effectively remove Barrick’s control over the mines.

Silver Is Flashing a Rare Signal — And History Says Gold Investors Should Pay Attention

“The last time I saw silver behave like this, gold went on a historic run.”  That’s how Mike Maloney opens his latest video analysis — and if you’ve been watching the precious metals markets, you know Mike doesn’t make statements like this lightly.  With decades of experience analyzing precious metals cycles, Mike has developed an uncanny ability to spot patterns that most investors miss. And right now, he’s seeing something that’s only appeared twice before in the past 40 years.  Both times, investors who recognized this pattern early had the opportunity to dramatically increase their gold holdings — without buying […]

700,000 Zimbabwe Miners Strike Gold as Prices Hit Historic Highs

The global gold price rally, which reached record levels this year as investors sought safe-haven assets during trade uncertainties, is transforming rural Zimbabwe’s economy. Over 700,000 informal miners are capitalizing on the precious metal’s high value, creating a vital source of income for communities across the country’s gold-rich regions. This grassroots mining boom is offering economic hope to Zimbabwe, which has struggled with financial instability since 2000, demonstrating how global commodity trends can directly impact local livelihoods in resource-rich developing nations.

Gold Climbs 1% as Investors Seek Safety

Gold prices surged to their highest level in a week on Thursday, climbing 1% to $3,382.61 per ounce, as multiple factors drove investors toward the safe-haven asset. The rally was fueled by escalating Middle East tensions, with President Trump warning about the region becoming “dangerous” and announcing the evacuation of some U.S. personnel. Trade uncertainty also played a key role, as Trump suggested he might extend the July 8 deadline for trade negotiations, creating market jitters. The U.S. dollar’s decline to a three-year low further supported gold prices by making it cheaper for foreign buyers. While gold and platinum performed […]