Gold and Silver Industry & Investing News

Gold prices have surged back above $2,900 as global financial markets react to both technical and emotional factors following the implementation of Trump’s tariffs. Market sentiment suggests that US economic exceptionalism may be waning, with capital potentially flowing from overpriced US stocks to other regions—particularly Europe, which appears poised for significant fiscal expansion. Recent economic reports have been disappointing, revealing a sharp deterioration in US economic data. This has increased concerns about stagflation—a problematic economic period characterized by lower growth, rising unemployment, and persistent inflation. Forward indicators suggest these conditions could materialize in coming months, creating an environment that traditionally...

China has begun restricting its companies from making new investments in the United States, according to confidential sources familiar with the situation. Several branches of China’s top economic planning agency, the National Development and Reform Commission (NDRC), have been directed to suspend both registration and approval processes for firms looking to invest in the US. While China has previously limited certain overseas investments for national security and capital control reasons, these new measures reflect the escalating tensions between the world’s two largest economies. The restrictions appear to be limited to new investments and don’t affect existing commitments or holdings of...

Robert Mosbacher, an adviser to the U.S. International Development Finance Corporation (DFC), is pushing back against President Trump’s plan to use the agency for domestic mineral production. Trump’s March 20 executive order, which invoked emergency powers to boost critical minerals production, has raised concerns among development experts who fear DFC might abandon its international commitments. These concerns are amplified by Trump’s $76 billion cut to USAID project funding and his nomination of Ben Black as DFC’s new CEO, who has criticized the agency’s support for green projects. The DFC currently manages a $50 billion portfolio of global development projects spanning...

According to Michael Widmer, head of metals research at Bank of America, the recent gold rally has been “almost exclusively driven” by tariff-related fears and economic uncertainty. His team projects gold prices could reach $3,500 per ounce within the next 18 months. Though gold has steadily appreciated for years, the current surge intensified as Trump promised additional tariffs on what he’s calling “Liberation Day.” Financial advisors note that while gold can be volatile, it typically appreciates during periods of global instability, offering tangible security compared to less material financial instruments. Despite this traditional “fear trade” appeal, experts caution that gold’s...

Gold prices remained strong on Wednesday, trading at $3,128.62 an ounce after reaching a record high of $3,148.88 on Tuesday. Investors are cautiously waiting for President Trump’s tariff announcement scheduled for 2000 GMT, which he has promoted as “Liberation Day.” These proposed tariffs on multiple countries could potentially slow economic growth and escalate trade disputes. The precious metal has become a favored investment amid economic and geopolitical uncertainties, with prices now over $400 higher than when Trump took office in January. UBS forecasts gold could reach $3,200 per ounce, with potential to hit $3,500 if economic slowdown accelerates. This comes...

US manufacturing activity contracted in March for the first time this year, with the ISM index falling to 49 from 50.3 (readings below 50 indicate contraction). Meanwhile, prices paid for materials surged 7 points to 69.4, the highest since June 2022, marking a concerning 14.5-point increase over two months. The contraction appears linked to uncertainty around the Trump administration’s tariff policies, with factory orders slumping to their weakest level since May 2023, production shrinking, and employment contracting at the fastest pace since September as manufacturers pause investment plans amid policy uncertainty.

Moody’s ratings agency has warned it may downgrade US government debt in 2025, following similar moves by S&P and Fitch who already reduced US ratings from AAA to AA+. Moody’s currently maintains an AAA rating but with a negative outlook since 2023. The agency is concerned about unchecked federal debt growth (now at 100% of GDP compared to 44% for other AAA-rated nations), rising interest costs, and declining debt affordability. The situation appears likely to worsen as Congress prepares to pass Trump-backed tax cuts and extensions later this year. The Congressional Budget Office projects debt will reach 119% of GDP...

HSBC sees three ways gold could strengthen during what they call a “US-driven” market correction: 1. U.S. Recession Scenario: If recession fears grow, investors would move away from risky assets. This would weaken the dollar and lower Treasury yields, pushing more investors toward gold as a safe haven. 2. U.S. Stagflation Scenario: If the economy faces both weak growth and high inflation at the same time, gold could see even stronger gains. Under these conditions, Treasury yields would hit a floor while risky assets decline. 3. U.S. Debt Concerns: If the government pursues more tax cuts or extends existing ones,...

Gold prices have reached unprecedented heights, up a substantial 40% increase from a year ago and a 19% rise since the beginning of 2025. This surge comes as global markets continue to decline due to growing anxiety over President Trump’s protectionist trade policies, with his latest round of tariffs scheduled for implementation on Wednesday—a day he’s dubbed “Liberation Day.” Investors are increasingly turning to gold as a safe haven during this period of economic uncertainty. Market confidence has been steadily eroding since the start of the year, with both businesses and consumers expressing concerns about inflation and the impact of...

President Trump has confirmed he’s decided on his “Liberation Day” tariff plan but hasn’t revealed the details ahead of Wednesday’s announcement. The White House is divided between two approaches: – A universal 20% tariff on almost all imports – A “reciprocal” country-by-country approach with different rates that could be negotiated This split reflects Trump’s competing goals for tariffs: – Generate revenue (possibly $600 billion annually according to adviser Peter Navarro) to help offset tax cuts – Use tariffs as leverage to pressure other countries to lower their duties or make policy changes on issues like migration and drug trafficking