Gold and Silver Industry & Investing News

The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures Price Index, held steady at 2.5% year-over-year in February, matching January’s rate. Core PCE inflation, which excludes volatile food and energy costs, came in at 2.8% annually and 0.4% monthly, slightly exceeding economists’ expectations of 2.7% and 0.3% respectively. Consumer spending showed resilience, increasing 0.4% in February after January’s 0.3% decline, while inflation-adjusted disposable income rose 0.5% monthly and 1.8% annually. Fed officials remain cautious about inflation’s outlook, not expecting a return to their 2% target until 2027. Boston Fed President Susan Collins acknowledged upcoming tariffs will likely increase inflation...

Global stock markets tumbled Friday as President Trump’s announcement of 25% auto tariffs fueled fears of an escalating trade war, while gold reached new record highs as investors sought safe-haven assets. Asian markets were hit particularly hard, with Japan’s Nikkei falling nearly 2% as Toyota and Honda shares dropped sharply. South Korea’s Kospi similarly declined 2%, while Europe’s STOXX 600 edged down with its automotive sector logging its sixth straight week of losses. Automakers including Volvo, Audi, Mercedes-Benz and Hyundai have begun relocating production in response to the tariffs. Markets remain anxious ahead of April 2, when reciprocal measures against...

While gold has surged 36% over the past year, silver has only risen 27%, underperforming at what should be a moment of significant outperformance. Ross Norman, of Metalsdaily.com contends that the “manipulation” narrative misunderstands how markets actually work, as banks maintain neutral positions through offsetting physical and futures positions. This persistent negative messaging leaves silver “friendless” in the market despite strong fundamentals. The constant claims of manipulation deter potential investors from entering the market, making them distrust not the alleged manipulators but the messengers themselves.

Wall Street continues to raise its bullish outlook on gold as the precious metal reaches new heights. Bank of America has increased its price target from $3,000 to $3,500 per ounce over the next 18 months, based on projections of 10% growth in investments through increased buying from China, central banks, and physically backed ETFs. This follows Macquarie Group’s similar $3,500 forecast for Q3 2025. JPMorgan analysts have noted the unprecedented speed of gold’s price increases, with the move from $2,500 to $3,000 taking just 210 days compared to the historical average of 1,700 days for $500 increments. They suggest...

Billionaire entrepreneur Mark Cuban has sparked controversy with his prediction of an imminent “Red Rural Recession” if the Trump administration continues its current course of action. In a post on Bluesky that gained significant attention, Cuban warned that federal budget cuts, widespread firings, cancellation of grants and contracts with companies, and office closures will have outsized negative impacts on small towns and rural areas across America. According to Cuban, these actions will disproportionately affect smaller communities, potentially turning their financial situations “upside down” and leading to serious economic consequences in rural America.

Gold and silver prices have surged to new cyclical highs, with gold breaking past its March 20 record of $3,057.50 and silver climbing above $34.24, approaching its October high of $34.87. This rally is primarily driven by concerns about the upcoming “Liberation Day” tariffs scheduled for April 3, which markets appear to be underpricing according to Citi analysts. The potential for higher-than-expected reciprocal tariffs is creating bullish conditions for precious metals. While current silver price differentials between U.S. and U.K. markets imply tariffs of 3-6%, Citi is “very bullish” on silver’s prospects if actual tariffs reach 15-30%. This expectation of...

Gold has hit a record high of $3,086.21 an ounce as investors seek safety amid trade tensions following President Trump’s upcoming April 2 reciprocal tariffs. These measures have sparked concerns about inflation, slower economic growth, and trade conflicts. Heading for its fourth consecutive weekly gain, gold’s rise is fueled by safe-haven demand, central bank buying in Asia, and growing institutional investment in gold-backed ETFs. Ole Hansen of Saxo Bank notes gold’s enduring value as a wealth preserver during market turbulence. Investors are watching upcoming U.S. inflation data for Federal Reserve policy clues, with analyst Alexander Zumpfe projecting gold could reach...

Gold has surged to an unprecedented record of over $3,079 an ounce, marking its fourth consecutive weekly gain amid escalating trade tensions. The precious metal rose 0.7% on Friday after President Trump signed a proclamation imposing 25% tariffs on all auto imports and threatened harsher measures against the EU and Canada if they retaliate. Markets are also bracing for additional “reciprocal tariffs” coming on April 2, though specific details remain unclear. This flight to safety has pushed gold up approximately 16% this year, achieving at least 15 record highs despite traders reducing expectations for Federal Reserve rate cuts. Major financial...

The US economy grew 2.4% in Q4 2023, better than initially reported. Corporate profits jumped 5.9% – the biggest increase in over two years – with profit margins reaching 15.9%, well above pre-pandemic levels. This could help companies absorb future tariff costs without raising consumer prices. While consumer spending growth was revised down to 4%, improvements in exports, government spending, and business investment boosted overall growth. Despite this strong performance, major financial institutions predict slower growth in 2025 due to concerns about President Trump’s trade policies.

Silver prices (XAG/USD) have risen to nearly $34 during European trading as President Trump’s announcement of permanent 25% tariffs on imported vehicles sparked global economic concerns, enhancing silver’s status as a safe-haven asset. These tariffs, effective April 2, will significantly impact top auto exporters to the US including Mexico, Canada, Japan, South Korea, and Germany. The measures have also weakened the US Dollar as domestic economic consequences are anticipated – US automakers may need to relocate manufacturing domestically, potentially increasing car prices due to higher labor costs and reducing household purchasing power. Investors are now focused on Friday’s Personal Consumption...