Gold and Silver Industry & Investing News

Gold is forecast to hit a record average price of $3,210 in 2025 – a 35% surge that would surpass its inflation-adjusted 1980 peak – according to Metals Focus’ annual Gold Focus report. The bullish outlook is driven by economic uncertainty around Trump’s trade policies, U.S. debt concerns, geopolitical tensions, and record central bank buying. Central banks purchased a record 1,086 tonnes of gold in 2024 as they diversify away from the U.S. dollar amid geopolitical risks and mounting concerns about America’s fiscal trajectory. Trump’s reintroduction of tariffs and trade war fears are undermining global economic confidence while raising U.S....

Gold retreated from the $3,400 resistance level after President Trump reported a productive phone call with China’s Xi Jinping discussing their trade deal, which eased tensions and reduced safe-haven demand. However, prices remain above key $3,350 support as multiple bullish factors persist. The European Central Bank cut rates 25 basis points as expected, while U.S. labor data continued weakening with jobless claims rising above expectations. Friday’s jobs report is forecast to show hiring slowing to 130,000 from 177,000, potentially increasing Fed rate cut expectations that would support gold by reducing opportunity costs. Despite the positive Trump-Xi call, trade tensions remain...

Gold has delivered exceptional performance with nearly 70 record highs since early 2024 and returns eight times greater than the S&P 500, driven by structural shifts beyond typical safe-haven demand. Central banks are systematically diversifying from U.S. dollar reserves due to fiscal concerns and sanctions risks, with the freezing of Russian assets triggering a five-fold surge in official sector buying. China has doubled gold’s reserve allocation but still holds only 7% versus 70%+ for major Western nations, indicating substantial room for continued accumulation. Retail demand through ETFs remains robust, with Asian inflows now exceeding North American flows as trade tensions...

Vietnam is moving to end its 13-year state monopoly on gold bullion production, marking a historic shift toward market-based governance. General Secretary To Lam has called for dismantling the current system that has made Vietnam one of only two countries (with North Korea) maintaining complete state control over gold bullion. The existing monopoly, established in 2012 during economic turbulence, has created severe market distortions including price gaps of up to $780 per tael compared to international markets, rampant smuggling worth hundreds of millions of dollars, and recent corruption scandals involving state-backed producer SJC. The system has failed to achieve its...

Gold jumped over 0.80% to $3,382 on Wednesday as weak U.S. economic data fueled expectations for Federal Reserve rate cuts. The ISM Services PMI contracted for the first time in nearly a year, falling to 49.9, while private job growth slowed sharply to just 37,000 in May versus 110,000 expected. The disappointing data led President Trump to pressure Fed Chair Powell to cut rates faster, while escalating trade tensions added to gold’s appeal as Trump doubled metal tariffs to 50% ahead of talks with China’s Xi Jinping. The dollar weakened and Treasury yields plunged, with markets now pricing in over...

Central banks are secretly accumulating massive amounts of gold – over 1,000 metric tons annually – as they diversify away from the U.S. dollar amid rising geopolitical tensions and economic uncertainty. Most of this buying goes unreported, with trade data revealing mysterious gold flows through major refining hubs to undisclosed buyers. This shift stems from fears about currency weaponization and sanctions risk, making gold attractive as a neutral reserve asset that no single country can control. With many central banks holding far less gold than the global average, there’s substantial room for continued accumulation. This “silent revolution” in reserve management...

Gold and silver have broken key technical levels as the dollar hits two-year lows, with deeper concerns about U.S. fiscal sustainability driving the precious metals rally. Gold cleared resistance from its April record high, while silver posted its strongest gain since October with a 5.4% surge past $33.68. The moves reflect structural shifts as investors diversify from U.S. assets amid mounting debt concerns – the U.S. must refinance $9.2 trillion in 2025 while running a $1.9 trillion deficit. This “fiscal debt black hole” scenario supports gold’s path potentially toward $4,000. Silver is showing relative strength versus gold, potentially signaling further...