Daily News Nuggets | Today’s top stories for gold and silver investors
January 9th, 2026
U.S. Job Growth Slows Sharply in December
The U.S. economy added just 50,000 jobs in December, well below Wall Street’s forecast of 73,000. It caps off a disappointing year for employment: 2025 saw only 584,000 jobs added, the weakest annual gain since 2003. The unemployment rate held steady, but the momentum is clearly fading.
This matters because the labor market has been the Fed’s last strong pillar. Slower hiring gives policymakers more cover to pivot toward rate cuts — but it also raises concerns about whether the economy is slipping faster than expected.
Historically, when job growth weakens and recession risks rise, investors tend to look for assets that aren’t tied to corporate earnings or economic growth. That’s often when gold starts to re-enter the conversation, not as a trade — but as insurance.
How to Add ‘Crisis-Proof’ Returns to Your Portfolio It's beaten stocks in every major downturn—and most investors still don't own enough.
U.S. Housing Starts Sink to Lowest Level Since Pandemic
U.S. homebuilding activity slid again in October, with housing starts falling to their lowest pace since May 2020. Builders are pulling back amid high mortgage rates, elevated costs and soft demand, according to delayed government data.
Starts dropped about 4.6% last month to roughly 1.25 million units, well below economists’ expectations, highlighting persistent weakness in the residential construction sector. Multifamily projects were especially weak, while single-family starts were modestly higher but still subdued overall.
Builder sentiment remains weak and permits for future construction aren’t signaling a strong rebound, suggesting that homebuilding could stay sluggish in the months ahead. The slowdown adds to broader signs of cooling in the economy, and a prolonged soft patch in housing can weigh on consumer spending and GDP.
Gold Notches Weekly Gain as Traders Reprice the Fed Path
Gold is heading into the weekend higher, posting a solid weekly gain as investors digest weaker economic data and recalibrate expectations for interest rates. Softer job numbers and signs of cooling growth have reinforced the idea that the Fed may have less room to keep policy tight for long.
What’s notable is gold’s resilience. Even with bond yields still elevated, the metal has held its ground — suggesting demand isn’t just about rate cuts, but broader uncertainty. Traders are increasingly hedging against policy missteps, slowing growth, and sticky inflation all at once.
In that kind of environment, gold doesn’t need a crisis to perform. It benefits simply from doubt — and right now, doubt is building across multiple fronts of the macro picture.
China’s December Inflation Data Underscore Weak Domestic Demand
China’s latest inflation figures paint a mixed picture: consumer prices rose modestly in December, but deeper deflationary pressures persist across the economy. According to official data, China’s consumer price index (CPI) climbed 0.8% year-over-year in December, marking the strongest inflation reading in nearly three years — primarily driven by rising food costs and holiday-related shopping.
Yet the broader context remains soft. For the whole of 2025, consumer inflation was flat, well below policymakers’ roughly 2% target, highlighting weak underlying demand. Meanwhile, the producer price index (PPI) continued to fall (down roughly 1.9%), extending more than three years of factory-gate deflation — a sign that manufacturing pricing power and demand from businesses remain subdued.
Economists say the figures reflect structural challenges: excess industrial capacity, a prolonged property downturn, and fragile consumer confidence that haven’t been fully offset by stimulus measures. The data bolster expectations that Beijing may lean further on monetary and fiscal support to boost spending and counter persistent disinflationary forces in 2026.
China Signals Steady Gold Demand Despite Economic Headwinds
Chinese state media reports that gold continues to play a strategic role in China’s financial system, even as the country works through slower growth and property-sector stress. Household demand for gold remains firm, and central bank accumulation has become a structural feature rather than a short-term trade.
That’s important because China isn’t buying gold for speculation — it’s buying for resilience. A weaker yuan, geopolitical tension, and concerns over dollar exposure all reinforce gold’s appeal as a neutral reserve asset.
For global markets, sustained Chinese demand puts a quiet floor under gold prices. Even when Western investors pull back, steady buying from Asia can absorb supply and stabilize the market. It’s a reminder that gold pricing today is increasingly shaped outside the U.S. and Europe.







