Silver Rises Over 120% YTD 
Warsh Said the PCE Drop Was “Not Much” of a Consideration. Gold Agreed.
June PCE fell to 3.7% — the number gold investors spent the week watching. Gold opened $34 higher anyway. Fed Chair Warsh said the cooler reading was “not much” of a consideration. Here is the mechanism behind the move, and the GDP number nobody was talking about.
Gold at $4,100. Silver Still Stuck Below $60. Five Signals Define the Next Six Weeks.
The Fed held rates for the fifth straight meeting. PCE cooled. Gold crossed $4,100. Silver still can’t break $60. Here are five signals defining the next six weeks before Jackson Hole.
Everyone Is Watching the Fed. Gold Is Watching Tomorrow at 8:30 a.m.
The Fed announces its rate decision today at 2:00 p.m. ET. But the number that will most directly determine gold’s next move arrives eight hours later — June PCE, the Federal Reserve’s preferred inflation gauge, releases Thursday at 8:30 a.m. ET. Here is the three-scenario framework that connects tomorrow’s print to your gold.
Gold Falls as Retail Sales Confirm the Fed Has No Reason to Cut
Gold fell to $4,016 and silver dropped 2.6% Thursday after June retail sales printed +0.2%. Strip out gasoline stations — down 5.3% on the month — and the consumer is actually holding up. That’s the problem for gold: a resilient consumer keeps the Fed parked, real yields elevated, and non-yielding metals under pressure.
Gold Holds as CPI and PPI Both Miss. Here’s Why.
June CPI and PPI both came in below consensus. Gold still isn’t rallying. The reason is oil repricing forward inflation faster than the Fed can act on last month’s data — and what that means for the months ahead.
Gold Fell 1.4% on an Iran Strike. One Number Tomorrow Morning Could Change Everything.
Gold is down 1.4% today on fresh Iran strikes. The same real yield mechanism driving gold lower could reverse at 8:30 AM tomorrow. Here is exactly how it works.
