Gold and Silver Industry & Investing News

Global stocks rose Tuesday while gold hit a new record of $3,148.88 per ounce as markets await Trump’s “Liberation Day” tariff announcement on April 2. Safe-haven assets gained strength with Treasury yields dropping and the Japanese yen and Swiss franc holding firm. European stocks increased 0.9% by midday, with pharmaceutical and tech sectors leading the recovery. The U.S. Trade Representative released a lengthy report on foreign trade barriers, but its relationship to Trump’s tariff plans remains unknown. According to The Washington Post, White House aides have drafted a proposal for roughly 20% tariffs on most U.S. imports. Market volatility has...

South African mining stocks posted their strongest monthly performance since records began in 1995, jumping 33% in March on the back of surging gold prices. This exceptional performance shielded South Africa’s benchmark FTSE/JSE All Share Index from global market volatility, allowing it to gain 3.1% for the month and outperform both emerging-market peers and US equities. Gold producers dominated the gains, with Harmony Gold Mining Co. and Sibanye Stillwater Ltd. both soaring 48% to become the benchmark’s top performers. Gold has hit multiple record highs this year, approaching $3,150 an ounce, driven by central bank buying and safe-haven demand amid...

Gold just had its best quarter in nearly 40 years, with prices hitting a record $3,150.30 — up 19.3% in the first quarter of 2025. This is the strongest performance since the third quarter of 1986, with 18 record-high closings already this year. Two main factors are driving gold’s surge: – Central banks (especially China) are buying gold to reduce their dependency on the U.S. dollar after Russian assets were frozen – Strong retail demand, with gold bars becoming a top seller at Costco and investors pouring money into gold ETFs Gold mining companies are performing even better, with the...

Gold prices hit a record high near $3,150 an ounce at the start of the second quarter, continuing a four-day winning streak. This surge comes as investors seek safe-haven assets amid concerns over President Trump’s planned announcement of sweeping tariffs against all U.S. trading partners on Wednesday. Gold has been one of the strongest performing commodities in 2025, with its best quarter since 1986 in the first three months, driven by consistent central bank buying and increased demand during geopolitical and economic uncertainties.

Gold prices reached an unprecedented high of $3,148.88 on Tuesday, extending their record-breaking rally amid growing investor concerns about global trade tensions. The surge comes as markets brace for President Trump’s Wednesday announcement on reciprocal tariffs targeting all countries with trade imbalances. This price momentum has been sustained by multiple factors: Goldman Sachs increasing its U.S. recession forecast from 20% to 35%, ongoing conflicts in Ukraine and the Middle East, and anticipated Federal Reserve interest rate cuts. According to analysts, gold’s remarkable performance—closing its strongest quarter since 1986—stems from both central bank purchases since spring 2022 and Western investors seeking...

The US dollar is behaving strangely in recent markets. Normally during stock market drops, investors rush to the dollar for safety. But now, the opposite is happening – the dollar is falling while investors flee to gold, the yen, and European stocks instead. This unusual pattern stems directly from President Trump’s second-term policies. His increased tariffs and anti-globalization stance are eroding confidence in the currency that has dominated global finance for decades. In the past three months, the dollar has weakened against most major currencies, with Bloomberg’s dollar index falling nearly 3% – its worst start to a year since...

Goldman Sachs’ Daan Struyven, who leads global commodities research and heads oil research, shares insights on the ongoing gold rally. We raise our end-2025 forecast to $3,300/toz (vs. $3,100) and our forecast rangeto $3,250-3,520, reflecting upside surprises in ETF inflows and in continued strong central bank gold demand. While the uncertainty is large, we estimate that large Asian central bank buyers are likely to continue their rapid gold purchases for another 3-6 years to reach our estimated range of potential gold reserve targets. Our base case forecast assumes speculative positioning normalizes from current elevated levels (85th percentile), while the top...

Markets worldwide are experiencing significant volatility as investors brace for President Trump’s “Liberation Day” tariff announcements expected later this week. The prospect of broad reciprocal tariffs has triggered a flight to safety, with Treasury bonds, European bonds, and gold reaching record levels, while the Japanese yen has strengthened to its highest in 10 days. Simultaneously, global stocks are tumbling, particularly in countries most vulnerable to new trade barriers, such as South Korea and Taiwan. This market anxiety has prompted a notable 2.6% gain for US government debt this quarter, with Treasuries outperforming US equities for the first time in five...

Elon Musk has doubled down on promises to cut government spending by $1 trillion through eliminating “waste and fraud,” which would halve the federal deficit. As head of the “Department of Government Efficiency” (DOGE), Musk claims they’ve saved $130 billion since Trump’s inauguration—about $2 billion daily, short of his promised $4 billion. However, contrary to these claims, the U.S. Treasury is actually projected to spend 7.4% more in 2025 than during Biden’s final year. Fact-checking Musk’s assertions has become increasingly difficult as DOGE removed federal identification numbers from its website that would help identify specific contracts and grants. Some claims...