Gold and Silver Industry & Investing News

Financial markets showed significant volatility on Monday as investors responded to President Trump’s threats to dismiss Federal Reserve Chairman Jerome Powell. The dollar fell to its lowest level since late 2023, while US stocks declined and Treasury bonds showed mixed performance. Trump’s comments, along with his aggressive trade tariffs, have heightened recession fears and raised questions about the independence of the Federal Reserve. Market experts warn that undermining the Fed’s independence could worsen any economic downturn and threaten the dollar’s status as a safe-haven currency. Despite Trump’s calls for interest rate cuts, many economists believe the Fed may proceed more...

Gold is experiencing a historic rally, up 30% this year to $3,406 per troy ounce, outperforming stocks, bonds, and Bitcoin. This surge is driven by broad demand from central banks diversifying away from the US dollar, as well as individual investors seeking a safe haven amid economic uncertainty. While gold has outperformed the S&P 500 over the past 20 years, experts caution against abandoning stocks entirely for gold, as historically stocks have provided higher long-term returns. For investors interested in gold exposure, options include physical coins or bars, ETFs, or mining stocks such as Barrick Gold and Newmont, which currently...

China has warned countries negotiating trade deals with the U.S. that it will retaliate if their agreements harm Chinese interests. This comes as the U.S. under President Trump attempts to pressure about 70 trading partners to limit their dealings with China. Meanwhile, Japan’s Prime Minister Ishiba has indicated Japan won’t easily concede to U.S. demands in their trade talks. Trump has also released an eight-point “non-tariff cheating” list addressing issues beyond tariffs, while South Korea and the U.S. are set to begin trade negotiations this week.

A new Bank of America survey of fund managers indicates that 49% believe gold is the “most crowded trade,” displacing the Magnificent 7 tech stocks from this position for the first time in two years. Data on gold ETFs suggests that gold is far from overcrowded: Gold ETFs currently make up only about 2% of all ETF assets, compared to over 8% during the 2011 bull market. Gold mining ETFs are even more underrepresented, accounting for approximately 0.25% of all stock ETFs, down from nearly 1.5% in 2011. It appears the current gold bull market is not driven by retail...

President Trump is considering removing Federal Reserve Chair Jerome Powell before his term ends in May 2026. According to sources close to the administration, former Fed governor Kevin Warsh is the frontrunner to replace Powell if a change occurs. Warsh, who served during the 2008 financial crisis under Ben Bernanke, has publicly stated that the Fed is politically motivated – a view that aligns with Trump’s perspective. Trump advisor Steve Moore puts the chances of Powell’s early removal at “a little less than 50-50.” Other candidates include Kevin Hassett, Art Laffer, Larry Kudlow, and Fed Governor Chris Waller, who supports...

President Trump is threatening to remove Federal Reserve Chair Jerome Powell and has asked the Supreme Court to approve his dismissal of board members from other independent agencies. This challenges a 90-year-old precedent limiting presidential power to fire such officials except for neglect or malfeasance. Trump has already fired leaders at the Federal Trade Commission and Federal Election Commission, with these actions being contested in court. A dismissed FTC board member pointed out that legally, their position is equivalent to Powell’s, suggesting if Trump can legally remove them, he could do the same to Powell. Trump has publicly called for...

US financial markets experienced significant turbulence on Monday as investors reacted to growing speculation that President Trump might attempt to dismiss Federal Reserve Chairman Jerome Powell. The dollar dropped to its lowest level since December 2023, with the Bloomberg Dollar Spot Index falling as much as 1%, while US stock futures declined 1.3% and 10-year Treasury yields climbed. The market reaction intensified after National Economic Council Director Kevin Hassett acknowledged that Trump was studying the possibility of firing Powell, despite legal scholars noting that a president lacks clear authority to dismiss a Fed chair. Powell has previously stated he would...

Gold has reached a record high of $3,390 per ounce, driven by a weakening US dollar and increasing market uncertainty. President Trump’s criticism of the Federal Reserve and reports he considered firing Chair Powell have raised concerns about central bank independence, potentially undermining dollar confidence. Trade tensions between the US and China continue to unsettle markets, with China warning other nations against deals that might harm its interests. These factors, along with expectations of a global economic slowdown, have pushed investors toward safer assets. Institutional demand remains strong, with bullion-backed ETF holdings rising for 12 straight weeks and central banks...

“The Golden Rule Of Negotiating And Success: He Who has the gold makes the rules. Thank you!” wrote President Trump on his Truth Social platform on April 20th, sparking renewed interest in the precious metal. Gold continued its bullish momentum on Monday, climbing more than 2% to trade above $3,400 per ounce—a historic record high if maintained at closing. This surge was fueled by investors seeking safe-haven assets amid growing global trade concerns and a weakening US dollar. Market analysts are closely watching three key factors affecting gold’s short-term outlook: ongoing tariff negotiations between the US and China, potential changes...

Gold hit a record high of $3,400 per ounce on Monday, rising 2% amid dollar weakness and global economic concerns. The precious metal has gained over $700 since the start of 2025, driven by U.S.-China trade tensions, Trump’s criticism of Fed Chair Powell, and growing questions about the dollar’s reserve currency status. A growing number of analysts project gold could reach $3,500 in the coming months.