A Bank Just Said the Fed Isn’t Done Hiking. Here’s the Math on What That Does to Gold.

Real yields just hit a multi-session high, and a Nomura strategist says the Fed has room to push them further. Here’s the mechanism behind gold’s price ceiling, the crowded positioning that could sharpen a pullback, and why the Street’s own targets haven’t moved.

One Freeze Taught Every Government a Lesson. China Is Still Acting on It.

Rick Rule argues Beijing didn’t run a spreadsheet and conclude gold would outperform. It watched what happened to someone else’s reserves. The freeze of roughly $300 billion in Russian assets repriced a risk every reserve manager had treated as zero, and China has cut its Treasury holdings 52% since 2013.

China Has Been Buying Gold for 20 Straight Months. Now It’s Moving It.

China’s central bank is quietly moving gold from London to Hong Kong, backing a new clearing system designed to price gold in Asia on different terms.

The $300 Billion Lesson: What Frozen Reserves Taught Central Banks About Gold

Central banks worldwide are pulling gold out of foreign custody and locking it in domestic vaults. Here is the mechanism behind the shift — and why the same logic applies to every individual investor who holds physical metal.

PCE Drops Thursday. Here’s What It Means for Gold.

The Fed doesn’t watch CPI. It watches PCE — and the May reading drops Thursday, June 25. Here’s the mechanism linking this one number to gold prices, rate-hike odds, and what long-term holders need to understand before the week is out.

Goldman Cut Its Gold Target. JPMorgan Didn’t. Here’s What the $1,400 Gap Tells You.

Goldman Sachs just cut its year-end gold forecast to $4,900. JPMorgan didn’t move. Neither did Wells Fargo. The $1,400 divergence between the biggest bulls and the biggest skeptic tells you exactly what each bank thinks gold actually is, and why it matters for how you hold it.