High inflation and a disappointing report on economic growth, followed by a sudden drop in stocks late last month made for a familiar economic combination.
The Precious Metals Week in Review – May 3rd, 2024
Gold is at an inflection point post-Fed with prices pulling back on improved market sentiment and lower safe-haven demand.
The Precious Metals Week in Review – April 5th, 2024
1. As gold set another record high, Canadian mining legends Frank Giustra and Pierre Lassonde say the West has lost its power to set the price of gold. With gold futures hitting another record high of above $2,324.80, Giustra and Lassonde pointed to a major shift in the gold market. “The world hasn’t woken up…
The Precious Metals Week in Review – February 23rd, 2024
Along with gold’s safe-haven appeal, analysts warn investors to watch Asia’s insatiable appetite for the precious metal.
The Precious Metals Week in Review – February 16th, 2024
Gold and silver prices are higher in midday U.S. trading Thursday, on corrective rebounds following recent selling pressure and after a U.S. retail sales report that was weaker than expected.
The Precious Metals Week in Review – December 29th, 2023
1. Against the backdrop of high inflation rates and geopolitical uncertainty, states are increasingly enacting measures that encourage saving in precious metals and even using gold and silver as money. With five bills signed into law in 2023, sound money reforms are gaining momentum across the United States. Twenty-five states considered 50 pieces of legislation…
The Precious Metals Week in Review – March 6th, 2020
The carnage in equity markets continued this week as the spread of COVID-19 expanded across the globe. Volatility seemed to surge on each new headline with regards to the virus.