Trump Declared Economic War on Iran. Gold Barely Blinked. Here’s Why.

Trump declared economic war on Iran and oil jumped, but gold barely moved. Here’s the disconnect, and the five forces actually driving today’s metals market.

The Fed Just Confirmed a 9-3 Split. Then It Said Something Bigger.

The Fed’s July minutes confirmed a 9-3 vote to hold rates, but the real story came a few paragraphs later: Chair Kevin Warsh wants to cut FOMC meetings from eight a year to six. Gold and silver both jumped roughly 4% on the combined news — here’s the mechanism behind the move.

Three Fed Officials Voted to Hike. What It Means for Gold.

The Federal Reserve’s July 29 vote was 9 to 3. Three officials wanted to hike. Tomorrow’s FOMC minutes reveal how far that hawkish case actually got — and what it means for gold before Jackson Hole.

JP Morgan Just Flagged a Silver Demand Warning. Silver Rose Anyway. Here Is Why

Silver is up more than 2.5% on Monday while gold gains roughly 1%. J.P. Morgan’s commodities team flagged softening demand in China and India — yet the price is rising. Two mechanisms explain why.

Zero Tankers Crossed Hormuz on Sunday. Oil Hit $89. Gold Barely Moved.

The 60-day US-Iran MOU expired this weekend with no replacement deal. Shipping through the Strait of Hormuz collapsed to zero. Oil climbed. Gold held. Here is why the non-reaction is actually the most important signal in this story.

Two Soft Inflation Prints. Gold Is Still Below $4,500. One Number Is Keeping It There.

Two consecutive soft inflation prints — July PPI flat, CPI up just 0.1% — should be pushing gold through $4,500. Here is the one number keeping the ceiling in place, and the threshold to watch for when it lifts.

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.

5 Market Moves for August 25 — Gold Pullback, Jackson Hole, Intel’s Warning and more

Gold Retreats from Two-Week High as Dollar Gains  Gold pulled back after Friday’s pop, as a stronger dollar made bullion pricier for overseas buyers. Spot gold dipped 0.2% to $3,364/oz while December futures eased to $3,410. The retreat came after gold touched its highest level since August 11 on Friday, following Fed Chair Powell’s Jackson Hole speech.  Traders still see an 85–90% chance of a 25bp Fed cut on September 17, supportive for gold in the long run. In the near term, however, gold is tracking the dollar. UBS analyst Giovanni Staunovo noted Powell’s comments point to only a modest […]