Gold and Silver Industry & Investing News

A new HSBC survey reveals a growing appetite among affluent investors for alternative assets — and gold is taking center stage. Over half of respondents said they plan to invest in alternatives like private market funds and hedge funds in the next 12 months, doubling their current exposure. Notably, gold saw the largest jump of any asset class. Portfolio allocations to gold have more than doubled from 5% to 11%, with nearly half of investors planning to add it in the year ahead. Physical gold remains a favored safe haven, especially in uncertain markets, while younger investors are also showing...

Inflation ticked up in June to its highest level in four months, reaching 2.7% year-over-year. While the rise was expected, signs are growing that tariffs are playing a bigger role in pushing prices higher for everyday goods. Items like appliances, toys, video equipment, and home linens — many of which depend on imports — saw notable price spikes. Large retailers had been holding the line on prices thanks to excess inventory stockpiled before tariffs took effect. But those inventories are now shrinking, and consumers are beginning to feel the impact. While inflation is still considered manageable, economists say the cumulative...

President Trump has announced plans to notify over 150 countries of a new standardized tariff rate — likely 10% or 15% — as part of a sweeping expansion of his trade agenda. These letters, which will be sent out soon, effectively serve as notice that tariffs will take effect unless new trade terms are agreed upon before August 1. While Trump claims these letters are “deals,” many of the targeted countries — mostly smaller economies — are left scrambling. Economists say this move may offer some predictability, but also signals ongoing volatility. Key U.S. trade partners like the EU and...

New government data shows that prices for import-heavy goods like clothing, furniture, and coffee surged last month, pointing to the early effects of President Trump’s tariffs. Tariff-related price spikes were most noticeable in categories with slim profit margins, where companies are passing along the added costs to consumers. Still, analysts say the broader rise in inflation — which reached 2.7% in June — is driven more by housing and food, not tariffs. The average U.S. household is now paying an extra $2,800 annually due to the tariff burden, the Yale Budget Lab estimates. More levies, including a proposed 50% tariff...

John Williams, President of the New York Fed, believes current interest rates are appropriately “modestly restrictive,” giving the central bank space to monitor economic developments. But he warns that the full economic impact of tariffs hasn’t hit yet — and it’s coming. Williams expects tariffs to increase inflation by 1 percentage point through early next year, pushing inflation to as high as 3.5% in the near term before cooling to 2.5% in 2026, with a return to the 2% target only by 2027. He also sees GDP slowing to just 1% and unemployment ticking up to 4.5% by year-end. While...

Rare earth elements, essential for everything from EVs to missile systems, aren’t actually that scarce. The real bottleneck lies in refining — a complex, costly, and often environmentally messy process. China dominates that stage, accounting for over 90% of global refined output, thanks to government subsidies that let its companies accept razor-thin margins. Western miners prefer extracting raw materials, which is more profitable than refining. But this hands-off approach has left a strategic vulnerability. As prices fall, non-Chinese refiners can’t compete without help. Governments in the U.S., South Korea, and France are now stepping in with subsidies, price guarantees, and...

An under-the-radar metal is outperforming major commodities, and AI is the reason. Ruthenium — a rare element used in electronics and data storage — has soared to $800 an ounce, nearly doubling in a year. Unlike gold and silver, it isn’t traded on exchanges, and supply is extremely limited. As AI expands, so does the need for cheap, high-density data storage, and ruthenium delivers. But with production falling and demand climbing, the market is heading toward a deficit. While gold remains the cornerstone of monetary defense, ruthenium’s rise offers a compelling look at how emerging technologies can drive raw material...

Gold prices dipped Thursday as the U.S. dollar strengthened, following comments from President Trump stating he does not plan to remove Federal Reserve Chair Jerome Powell. This statement eased investor concerns, pulling gold back after a brief rally sparked by earlier rumors that Trump was considering Powell’s removal. Spot gold fell 0.5% to $3,330.21, while U.S. gold futures dropped 0.7%. Analysts say gold remains range-bound between $3,300 and $3,400 as traders await U.S. economic data and Fed commentary. Silver, platinum, and palladium also saw modest declines.