Silver Doubles in 2025 as Dollar Dominance Fades

Bank of America’s investment team says the dollar’s dominance is over—gold is in. Central banks are accumulating at record pace, the Fed is cutting rates, and jobs data is weakening. Silver just doubled in 2025. For precious metals investors watching the macro shift unfold, the message is clear.

Copper Joins Gold & Silver in a Historic Triple Breakout

Copper just joined gold and silver in record territory for the first time in decades — a powerful signal that investors are rotating into real, tangible assets. With supply tightening, central banks ramping up gold purchases, and global PMI data flashing slowdown, hard assets are emerging as the preferred hedge against inflation, policy uncertainty, and weakening currencies.

Silver at All-Time High as Banks Predict $5,000 Gold in 2026

Silver touched a record high of $57.86 per ounce Monday, surging nearly 90% year-over-year as physical supply tightens and traders price in a December Fed rate cut. Gold also climbed to a six-week high of $4,241, with major banks including JPMorgan and Goldman Sachs now projecting prices could surpass $5,000 in 2026. The rallies come as central banks accelerate their shift away from dollar reserves and industrial demand for silver—driven by solar, EVs, and AI—outpaces supply for the fifth consecutive year. Meanwhile, Barrick Gold explores a potential breakup amid investor frustration, and President Trump’s economic messaging collides with voter concerns over persistent inflation.

Gold Climbs as Fed Chair Uncertainty Builds

Gold pushed higher overnight as traders priced in faster Fed easing and Treasury yields retreated. But the bigger story: with Jerome Powell’s term ending in early 2026, uncertainty over Fed leadership is mounting. From Kevin Hassett’s pitch to a shortlist of five candidates, the race to lead the Federal Reserve is injecting volatility into markets — and gold is benefiting.

GDP Delays and Retail Weakness Raise Red Flags

Trump’s $21 trillion investment claim shrinks to $3 trillion under scrutiny, while delayed GDP reports and disappointing retail sales raise questions about data integrity and economic strength. With consumers tapped out from years of rising costs and producer prices jumping again, the economic picture is murkier than ever. Meanwhile, China’s gold imports plunge 64% as global demand patterns shift. Here’s what investors need to know about the data doubts, consumer weakness, and inflation comeback shaping markets today.

Gold Rises as Fed Rate Cut Odds Hit 74%

Gold held near $4,080 Monday as December Fed rate cut expectations surged, but a strong dollar and divided Fed officials kept gains modest. Treasury Secretary Bessent claimed tariffs don’t drive inflation—contradicting CPI data showing a jump from 2.3% to 3.0% since April. UBS sees silver’s pullback as a buying opportunity with a $55 target by mid-2026, while a new Senate bill could bring the first credible audit of US gold reserves since 1953.

Gold Slides as Rate Cut Hopes Face Reality Check

Gold investors face whiplash as conflicting signals roil precious metals markets. While New York Fed President Williams opened the door to December rate cuts, stronger-than-expected jobs data has traders second-guessing the Fed’s next move. Meanwhile, gold demand is cooling across Asia amid price volatility, job openings continue their post-ChatGPT slide, and Bitcoin heads for its worst month since the 2022 crypto collapse. Today’s Daily News Nuggets breaks down what’s moving markets—and what it means for your portfolio.

Gold Under Pressure as Fed Officials Push Back on December Cut

The Fed’s December decision just became a coin flip. September jobs beat expectations with 119,000 positions added, but traders slashed rate cut odds to 50% after Cleveland Fed President Beth Hammack warned that easing now could “prolong elevated inflation.” Her concerns mirror Main Street, where 70% of small businesses cite inflation as their top worry. Gold dropped below $4,070 as the dollar strengthened and rate cut hopes faded.

Gold Steady, Shoppers Cautious, and Nvidia Under Scrutiny

Gold treads water near $4,100 as traders await key Fed minutes and delayed jobs data, while China rapidly closes the “gold gap” with the U.S. in a strategic de-dollarization push. Meanwhile, Americans are tightening belts this holiday season with spending down from last year’s record highs. President Trump floats a $2,000 “tariff dividend” that economists say doesn’t add up, and Nvidia’s $24 billion AI investment spree raises questions about circular funding on Wall Street.

Americans Are Struggling and Markets Are Noticing

After weeks of data blackout, the picture isn’t pretty. Jobless claims show a cooling labor market while consumer sentiment crashes to near-record lows. Credit card delinquencies just hit 15-year highs with Americans carrying $1.2 trillion in debt. The S&P 500 faces its longest losing streak since August. Meanwhile, wealthy investors are leasing out gold bars for yield. Today’s Nuggets explore the cracks in the consumer economy and how smart money is responding.