Gold and Silver Industry & Investing News

Gold prices reached an unprecedented high of $3,148.88 on Tuesday, extending their record-breaking rally amid growing investor concerns about global trade tensions. The surge comes as markets brace for President Trump’s Wednesday announcement on reciprocal tariffs targeting all countries with trade imbalances. This price momentum has been sustained by multiple factors: Goldman Sachs increasing its U.S. recession forecast from 20% to 35%, ongoing conflicts in Ukraine and the Middle East, and anticipated Federal Reserve interest rate cuts. According to analysts, gold’s remarkable performance—closing its strongest quarter since 1986—stems from both central bank purchases since spring 2022 and Western investors seeking...

The US dollar is behaving strangely in recent markets. Normally during stock market drops, investors rush to the dollar for safety. But now, the opposite is happening – the dollar is falling while investors flee to gold, the yen, and European stocks instead. This unusual pattern stems directly from President Trump’s second-term policies. His increased tariffs and anti-globalization stance are eroding confidence in the currency that has dominated global finance for decades. In the past three months, the dollar has weakened against most major currencies, with Bloomberg’s dollar index falling nearly 3% – its worst start to a year since...

Goldman Sachs’ Daan Struyven, who leads global commodities research and heads oil research, shares insights on the ongoing gold rally. We raise our end-2025 forecast to $3,300/toz (vs. $3,100) and our forecast rangeto $3,250-3,520, reflecting upside surprises in ETF inflows and in continued strong central bank gold demand. While the uncertainty is large, we estimate that large Asian central bank buyers are likely to continue their rapid gold purchases for another 3-6 years to reach our estimated range of potential gold reserve targets. Our base case forecast assumes speculative positioning normalizes from current elevated levels (85th percentile), while the top...

Markets worldwide are experiencing significant volatility as investors brace for President Trump’s “Liberation Day” tariff announcements expected later this week. The prospect of broad reciprocal tariffs has triggered a flight to safety, with Treasury bonds, European bonds, and gold reaching record levels, while the Japanese yen has strengthened to its highest in 10 days. Simultaneously, global stocks are tumbling, particularly in countries most vulnerable to new trade barriers, such as South Korea and Taiwan. This market anxiety has prompted a notable 2.6% gain for US government debt this quarter, with Treasuries outperforming US equities for the first time in five...

Elon Musk has doubled down on promises to cut government spending by $1 trillion through eliminating “waste and fraud,” which would halve the federal deficit. As head of the “Department of Government Efficiency” (DOGE), Musk claims they’ve saved $130 billion since Trump’s inauguration—about $2 billion daily, short of his promised $4 billion. However, contrary to these claims, the U.S. Treasury is actually projected to spend 7.4% more in 2025 than during Biden’s final year. Fact-checking Musk’s assertions has become increasingly difficult as DOGE removed federal identification numbers from its website that would help identify specific contracts and grants. Some claims...

During a recent Bloomberg TV appearance, Morgan Stanley’s Metals and Mining Commodities Strategist Amy Gower says that gold prices could climb to $3,400 per ounce in 2025. Gower identified two primary catalysts behind gold’s strong performance. The first factor is sustained physical demand, which began shifting notably in 2022 when central banks worldwide substantially increased their gold purchases as part of their reserve diversification strategies. The second and more recent driver is the marked uptick in investor demand for gold, which has accelerated price movements. This combination of institutional buying from central banks and growing investor interest suggests continued strong...

Global markets are experiencing significant turmoil as Q1 2025 ends, primarily driven by President Trump’s expanding trade war policies and growing fears of stagflation. Investors are moving toward safer assets, with U.S. government bonds rising 2.6% year-to-date and gold reaching record highs. Trump’s April 2nd announcement of plans to target “all countries” with reciprocal duties has heightened concerns, while recent economic data showing weakened consumer sentiment and spending alongside rising prices has increased worries about a possible recession. While some investors reduce risk exposure, others stand ready to re-enter markets if tariff details prove less severe than anticipated.

Goldman Sachs has nearly doubled its forecast for the probability of a U.S. recession in the next 12 months, raising it from 20% to 35%. This increase comes as the U.S. approaches the Trump administration’s “liberation day” on April 2, which will clarify upcoming tariff actions and likely trigger international retaliation. The bank attributes this higher recession risk to three key factors: an already lower growth baseline, sharp recent deterioration in both household and business confidence, and statements from White House officials indicating they’re willing to accept short-term economic weakness to pursue their policy goals. Goldman now expects President Trump...

Gold reached a new all-time high of $3,128.06 per ounce on Monday as investors seek safety amid inflation concerns triggered by upcoming U.S. tariffs. This puts gold on track for its strongest quarter since 1986, with prices already up about 18% this year. This surge follows gold’s impressive 27% gain in 2023, powered by favorable monetary policies, strong central bank buying, and growing interest in gold-backed ETFs. Despite indicators showing the market is overbought, gold continues its upward momentum. Analysts point to growing anxiety about President Trump’s trade policies as the main driver, with reciprocal tariffs coming April 2 and...