Gold and Silver Industry & Investing News

President Trump’s unexpected focus on auditing Fort Knox, mentioned multiple times during an Air Force One press briefing, has raised eyebrows among market watchers. While Treasury Secretary Scott Bessent has confirmed that the gold is regularly audited and “all present and accounted for,” the president’s interest might signal a more significant financial maneuver. The key lies in the dramatic disparity between Treasury’s official gold valuation of $42 per ounce and current market prices approaching $3,000. A revaluation to market prices could instantly generate approximately $750 billion in Treasury assets, though Bessent has dismissed suggestions this might lead to creating a...

Gold jewelry demand in India has fallen significantly since January, with the weakness continuing into February. Meanwhile investment interest remains robust through bars, coins, and ETFs, which saw record inflows in January. The Reserve Bank of India has returned to gold buying, adding 2.8 tonnes to its reserves after a December pause. The market is seeing structural changes in consumer behavior, with many buyers choosing to exchange old gold for new jewelry or sell existing holdings to lock in profits. This shift has created challenges for retailers, leading to a liquidity crunch in the industry and causing domestic gold prices...

Research by Duke University’s Campbell Harvey and former TCW manager Claude Erb suggests gold’s current rally may be setting up investors for disappointment. Their analysis shows gold’s price-to-CPI ratio is now at 9-to-1, even higher than the 7-to-1 ratio that preceded gold’s 50% price drop after 2012. The researchers challenge two popular arguments for gold investment: its effectiveness as an inflation hedge and its role as protection against geopolitical risks. While gold has outperformed inflation for the past 20 years, the study found that gold only maintains its purchasing power over very long periods – perhaps a century – and...

Markets are grappling with renewed stagflation fears as stubborn 3% inflation combines with concerns over President Trump’s aggressive trade policies. While investors remain generally optimistic about Trump’s pro-growth agenda, a Bank of America survey shows fund manager worry about stagflation has reached a seven-month high. The threat of new tariffs on autos, semiconductors, and pharmaceuticals, along with existing trade measures, could simultaneously slow growth and fuel inflation, creating conditions reminiscent of the 1970s economic challenge.

JP Morgan forecasts gold prices will reach $3000 per ounce in 2025, driven primarily by continued central bank purchases and ETF inflows. Following a 27% rally in 2024, the outlook remains strong with central bank buying up 54% year-over-year in late 2024, including renewed purchasing by China’s central bank. The bank identifies two scenarios – either increased trade tensions and inflation, or a Federal Reserve easing cycle – both of which could push gold prices higher. Adding to the bullish outlook, JP Morgan notes that with over $6 trillion currently in money market funds and ETF holdings 6% below 2020...

Gold prices have achieved their tenth record high this year, climbing to $2,954.69 per ounce as investors react to President Trump’s latest trade threats and geopolitical tensions. The precious metal’s 12% rise in 2024 reflects growing market anxiety over potential new tariffs on multiple sectors, including lumber, automobiles, semiconductors, and pharmaceuticals. Analysts view the $3,000 mark as an inevitable milestone, with the current $2,950 level representing the last technical resistance.

Inflation concerns are resurging in America after January’s core consumer price index jumped to a 5.5% annualized rate. This concerning development comes amid President Trump’s proposed tariff policies, which could further fuel price pressures. Former Treasury Secretary Larry Summers has raised alarm bells, comparing the current situation to the early Biden administration period when inflation reached its highest level in 40 years. While Federal Reserve Chair Jerome Powell’s announcements typically draw significant market attention, the focus has shifted to how Trump’s policies might impact price stability and monetary policy.

Goldfutures continue their remarkable winning streak, marking their eighth consecutive week of rising prices. During this run, gold has broken its all-time high record four weeks in a row, reaching levels never seen before. According to analyst Bob Iaccino, two main factors are driving this historic rally: a weaker U.S. dollar, which typically boosts gold prices, and increased safe-haven buying as investors look to protect their wealth from market risks. This is gold’s strongest performance since August 2020, highlighting growing investor confidence in the precious metal as a safe store of value.

China’s gold market started 2025 strongly, with significant price gains in both London and Shanghai markets despite fewer trading days due to Chinese New Year. While the People’s Bank of China added another 5 tonnes to its reserves in January, reaching 2,285 tonnes, Chinese gold ETFs saw their first outflow in months. The surge in gold prices has impacted jewelry demand, though investment demand remains robust amid geopolitical tensions and inflation concerns.