Gold and Silver Industry & Investing News

Asia has become the epicenter of global gold demand, accounting for 70% of annual consumer gold consumption. Led by China and India, which together represent over half of world gold demand, Asian markets are modernizing rapidly through digital platforms, institutional products, and innovative investment channels. Beyond cultural significance, gold is increasingly strategic for Asian nations – central banks across the region have dramatically increased gold reserves since 2022, seeking to diversify away from US dollar dependency amid geopolitical tensions. From India’s Sovereign Gold Bonds to China’s new insurance sector gold investments, Asia is reshaping how gold is bought, held, and...

Two men have been sentenced to prison for stealing an 18-carat gold toilet worth $6 million from Blenheim Palace in 2019. James Sheen, the mastermind, received four years in prison, while Michael Jones got 27 months. The artwork, titled “America” by Italian artist Maurizio Cattelan, was stolen in a five-minute heist where thieves smashed through gates and broke a window to access the 200-pound toilet. Despite careful planning, the criminals left extensive evidence including DNA and gold fragments. Prosecutors believe the toilet was cut into pieces and sold. The artwork had previously been displayed at the Guggenheim Museum in New...

U.S. Treasury yields rose slightly on Monday as markets reacted to escalating tensions between Israel and Iran. The 10-year Treasury yield increased to 4.43%, while the 2-year yield reached 3.969%. The conflict, which included Israeli strikes on Iranian targets and an attack on Iran’s South Pars gas field, pushed oil prices higher, with WTI crude up 0.7% to $73.50 per barrel. Rising oil prices have renewed inflation concerns ahead of this week’s Federal Reserve meeting, where rates are expected to remain unchanged.

Gold prices pulled back on Monday as investors took profits after a significant rally driven by Middle East tensions. The precious metal had reached near two-month highs following Israeli strikes on Iranian territory and Iran’s missile response targeting Israeli sites. Despite Monday’s 0.5-0.7% decline, analysts note that gold remains above the key $3,400 level with potential to reach $3,500, as geopolitical risks continue to support safe-haven demand.

Gold retreated from earlier gains on Monday, settling around $3,415 per ounce—approximately $80 below its April record high. The Israel-Iran conflict, now in its fourth day with continued missile and drone exchanges, initially boosted gold prices but wasn’t enough to sustain the momentum. Last week saw a 3.7% increase in gold prices due to heightened geopolitical risks and concerns over President Trump’s aggressive tariff agenda threatening global economic growth. The metal’s impressive 30% rise in 2025 reflects multiple factors: central banks diversifying away from the dollar, investors moving funds from US bonds to gold, and expectations of continued dollar weakness....

Central banks worldwide have pushed gold to become the second-largest reserve asset after the US dollar, surpassing the euro for the first time. Gold now represents 20% of global reserves versus the euro’s 16%, following record purchases of over 1,000 tons annually since 2022—double the previous buying pace. This shift accelerated after Western nations froze Russia’s reserves following its Ukraine invasion, spurring countries to seek sanctions-proof assets. Gold prices have doubled since late 2022 as central banks, particularly those aligned with China and Russia, prioritize financial sovereignty over traditional yield considerations.

At a White House briefing Thursday, President Donald Trump stated he would not fire Federal Reserve Chair Jerome Powell, despite his ongoing criticism of the Fed’s interest rate policies. Trump expressed frustration with the lack of rate cuts and suggested he “may have to force something” to achieve lower rates, though he didn’t specify what actions he might take. While criticizing Powell and calling him a “numbskull,” Trump confirmed the Fed Chair would keep his position. The President also voiced concerns about rising oil prices during the same remarks.

Goldman Sachs has reduced its 12-month U.S. recession probability forecast to 30%, down from 35%, citing decreased uncertainty around President Trump’s tariff policies. The adjustment follows a new trade framework between the U.S. and China that helped calm investor concerns after April’s “Liberation Day” tariffs had disrupted global markets. Key aspects of the deal include the removal of Chinese export restrictions on rare earth minerals and restored access for Chinese students to American universities. While inflation data shows limited impact from tariffs so far, prices are expected to rise in coming months. The improved outlook has led Goldman Sachs to...

Following Israel’s attack on Iran’s nuclear program, the U.S. Treasury bond market experienced an unexpected selloff on Friday, pushing yields modestly higher. While investors initially sought the safety of government bonds late Thursday, this “safe-haven” demand quickly reversed. According to BMO Capital Markets strategists, the shift occurred as traders became more concerned about inflation risks, particularly from rising oil prices. The market found itself caught between two opposing forces: the typical flight to safety during geopolitical tensions versus worries about renewed inflation.