Gold and Silver Industry & Investing News

In a recent Bloomberg Television interview, JPMorgan’s Grace Peters outlined a comprehensive investment strategy that positions gold as a crucial asset for portfolio protection. Despite acknowledging solid economic data, Peters emphasizes the ongoing challenge of elevated inflation, making gold particularly attractive as a protective measure. Her investment approach advocates for a balanced strategy that maintains equity exposure while incorporating defensive assets like gold, core infrastructure, and hedge funds to build portfolio resilience. This recommendation comes at a time when investors are navigating complex economic conditions and seeking ways to protect their investments against various market risks. Peters’ endorsement of gold...

President Trump’s call for simultaneous tariffs and lower interest rates faces strong criticism from economists who warn this combination could backfire. Experts explain that tariffs typically increase inflation, which would force the Federal Reserve to maintain higher interest rates. The only scenario where both high tariffs and low rates might coexist would be during an economic downturn, a situation experts warn could harm rather than help the economy. The challenge is further complicated by current full employment conditions and existing inflation concerns. Carl Weinberg of High Frequency Economics points out the inherent contradictions in Trump’s broader economic agenda, which includes...

According to UBS Investment Bank strategist Joni Teves, gold’s current rally could extend further despite already reaching historic levels. Her analysis focuses on the crucial role of inflation dynamics, particularly emphasizing how the implementation of new tariffs could act as an inflationary catalyst. This environment, she argues, creates uniquely favorable conditions for gold. The strategist’s perspective suggests that rather than seeing current price levels as a peak, investors should consider the broader macroeconomic context, where tariff-induced inflation could continue to drive gold prices higher. This “unprecedented territory” for gold reflects a fundamental shift in market conditions that could sustain bullish...

The world’s total discovered gold reserves, standing at 244,000 metric tons, might seem vast at first glance, but when divided among Earth’s 8 billion people, it reveals a surprisingly modest allocation. Each person’s share would amount to just 30 grams of gold – enough to make six gold rings or mint a single troy ounce coin. This scarcity, combined with gold’s unique properties and historical significance, continues to make it one of the most sought-after precious metals in the world.

Gold prices recovered to $2,917 per ounce, approaching its recent record of $2,942.70, driven by a weakening dollar and rising trade war concerns. President Trump’s planned reciprocal tariffs have heightened market uncertainty, while the Federal Reserve maintains its cautious stance on rate cuts. ANZ analysts project gold could reach $3,000 per ounce this year, as global economic uncertainties continue to support safe-haven demand.

US consumer prices rose 0.5% in January, marking the largest increase in nearly 18 months. The year-over-year inflation rate reached 3.0%, exceeding economists’ expectations of 2.9%. Core inflation, which excludes volatile food and energy prices, rose 0.4% monthly and 3.3% annually. This stronger-than-expected inflation report has complicating implications for monetary policy. Federal Reserve Chair Jerome Powell acknowledged that the central bank is “not quite there yet” in its mission to bring inflation down to 2%. The data, combined with a stable labor market, has led some economists to question whether the Fed’s easing cycle might be over, with the policy...

Gold’s rally shows no signs of slowing as the precious metal inches closer to the psychological $3,000 mark, driven by multiple supporting factors. The latest surge comes as President Trump and Vladimir Putin initiated discussions to end the Ukraine conflict, which strengthened the euro against a weakening US dollar. Despite inflation data exceeding expectations and potentially delaying rate cuts, gold’s appeal as a safe-haven asset remains strong. The rally has been further supported by significant purchases from central banks, particularly China, and increased investment in gold-backed ETFs.

Recent market data suggests that inflation may remain stubbornly above the Federal Reserve’s 2% target for several years. The five-year breakeven inflation rate currently sits at 2.6% and has consistently stayed above key moving averages since October. Market traders are predicting inflation rates around 2.9% through November, while economists expect January’s headline inflation rate to be 2.8%, with core inflation at 3.1%. Fed Chair Powell has emphasized the need for patience regarding interest rate cuts, particularly as markets assess the potential impact of Trump’s proposed tariffs. The situation is complicated by what experts describe as an “embedded inflationary mindset” among...

Russians are increasingly turning to gold as a financial safe haven amid growing economic pressures. Consumer gold purchases hit 75.6 metric tons in 2024, marking a 6% increase from 2023 and a dramatic 62% jump from pre-war levels in 2021. Why? A few reasons: record-high inflation at 9.5%, the ruble’s historic lows, and international sanctions limiting investment options. The trend benefits both consumers and the Russian government, which needs outlets for its annual 300-metric-ton mining output, especially since the central bank has reduced its historically large gold purchases. The strategy has paid off for Russian buyers, with gold prices surging...