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Gold Tumbles 1.47% in Largest Daily Drop Since December

Comex gold for February delivery fell $43.40 per troy ounce on Tuesday, settling at $2,904.50—marking its largest one-day decline since December 19, 2024.

Despite this pullback from Monday’s record high of $2,947.90, gold remains up 10.47% year-to-date and has surged an impressive 42.87% from its 52-week low set in February 2024.

Despite this setback, gold’s broader performance remains remarkably strong, with prices still up 10.09% from January’s low of $2,638.40 and an impressive 10.47% gain year-to-date. The longer-term picture is even more dramatic, with gold having climbed 42.87% from its 52-week low of $2,033.00 recorded on February 28, 2024, and showing a 3.27% increase for the month of February alone.

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The Fed Is Stuck. Here’s What That Means for Gold.

Iran’s parliamentary speaker says the U.S. violated the ceasefire within hours. Fed minutes show policymakers split on cuts vs. hikes. And gold has historically moved when the Fed can’t signal its next step — a pattern playing out right now.

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Numismatic vs. Bullion Coins: Know What You’re Buying 

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Latest News

gold Federal Reserve policy uncertainty
News

The Fed Is Stuck. Here’s What That Means for Gold.

Iran’s parliamentary speaker says the U.S. violated the ceasefire within hours. Fed minutes show policymakers split on cuts vs. hikes. And gold has historically moved when the Fed can’t signal its next step — a pattern playing out right now.

Read More »
how does the Federal Reserve create money
Videos

How Does the Federal Reserve Actually Create Money? 

Most people assume money is printed at a mint and backed by something real. The truth is stranger. The U.S. dollar is created through debt, multiplied through bank lending, and sustained by collective agreement. Here’s how the system actually works.

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