Gold and Silver Industry & Investing News

President Trump’s announcement of 25% tariffs on imported vehicles and auto parts caused global market disruptions on Thursday. Stock markets in Europe fell while Wall Street futures pointed lower, with major automakers like Volkswagen, BMW, GM, and Ford seeing significant share price drops. Investors sought safety in gold, which rose to near-record levels as concerns mounted about the tariffs’ potential impact on global economic growth and inflation. Trump indicated next week’s broader “reciprocal tariffs” might be “lenient.”

Goldman Sachs has raised its gold price forecast to $3,300 an ounce by the end of 2025, up from their previous target of $3,100 announced just last month. This bullish outlook is driven by stronger-than-expected central bank purchases, particularly from emerging markets, which analysts now estimate will average 70 tons monthly (up from 50 tons). The bank also cites solid inflows into gold-backed ETFs as investors seek hedges amid economic uncertainty created by President Trump’s trade and foreign policy agendas. Gold has already rallied 15% this year, recently breaking the $3,000 per ounce mark for the first time.

Goldman Sachs has raised its gold price forecast to $3,300 an ounce by the end of 2025, up from their previous target of $3,100 announced just last month. This bullish outlook is driven by stronger-than-expected central bank purchases, particularly from emerging markets, which analysts now estimate will average 70 tons monthly (up from 50 tons). The bank also cites solid inflows into gold-backed ETFs as investors seek hedges amid economic uncertainty created by President Trump’s trade and foreign policy agendas. Gold has already rallied 15% this year, recently breaking the $3,000 per ounce mark for the first time.

The US goods-trade deficit is expected to remain near record levels, with February data likely showing a gap approaching $162 billion due to massive gold bullion imports to New York. These imports are surging as traders rush to acquire physical gold before potential Trump tariffs on precious metals take effect. Comex gold inventories jumped 25% in February after a 43% rise in January, reaching a record 42.6 million ounces—nearly double the end-of-2024 levels. While investment gold imports don’t impact GDP calculations (unlike silver imports), the widening trade deficit is still raising economic concerns. The Atlanta Fed’s GDPNow model projects the...

Gold prices climbed sharply on Thursday, rising more than 1% to $3,053 an ounce—just shy of the all-time high of $3,057.21 set on March 20. The surge followed President Trump’s announcement of new 25% tariffs on imported cars and trucks, scheduled to begin next week, which has heightened global trade tensions. Gold, traditionally viewed as a hedge against uncertainty and inflation, has benefited significantly from this environment, gaining over 15% this year. Analysts attribute the rise to economic uncertainty driven by U.S. policy decisions, with WisdomTree’s Nitesh Shah describing gold as a “defensive, anti-fragile asset.” Investors are now focused on...

Gold crossed the psychological $3,000/oz barrier in mid-March trading sessions, capturing global attention from investors and media alike. While hitting triple zeros makes headlines, the truly significant aspect is gold’s unprecedented pace of appreciation. The metal has reached over 40 new all-time highs in 2024 alone, and the latest $500 increment happened eight times faster than historical averages – just 210 days compared to the typical 1,700 days for previous $500 increments. This extraordinary momentum has pushed gold three standard deviations above its 200-day moving average, suggesting a “perfect storm” for the precious metal. Though some consolidation may occur due...

The ratio between the S&P 500 index and gold has fallen to its lowest level since the pandemic, with March 2025 showing a mean ratio of about 1.9 times (meaning how many ounces of gold it would take to buy the index). This marks a significant drop from 2.3 times in December 2024 and the cyclical peak of 2.5 times in February 2024. According to Aakash Doshi, global head of gold strategy at State Street Global Advisors, this trend signals investors seeking safe-haven assets amid economic and geopolitical uncertainties, though it’s not definitively a recession indicator. Gold has substantially outperformed...

Obsessing over Federal Reserve rate decisions might be a waste of time for your investments according to new research. Historical data since 1980 shows that stock market returns after Fed rate changes—whether cuts or hikes—aren’t significantly different from average market performance. The research examined various scenarios: fourth cuts in a rate-cutting cycle, final cuts, all cuts in a cycle, and first rate hikes after cutting cycles. None of these situations produced meaningful return differences at the 95% confidence level statisticians typically use. Even the seemingly better performance after final rate cuts was skewed by exceptional returns following the March 2020...

Gold prices have outperformed the S&P 500 index, with the S&P 500/gold ratio dropping to its lowest level since 2020. According to Aakash Doshi of State Street Global Advisors, this trend reflects increased investor demand for safe-haven assets amid economic uncertainty, though it’s not necessarily a recession indicator. The surge in gold prices to record levels above $3,000 per ounce has been driven by physical demand from China, central bank purchases, and the first significant gold ETF inflows since 2020.