Mint State Gold

Gold prices surged to their third straight weekly gain, as concerns over U.S. debt sustainability, a weaker dollar, and the Treasury Department’s surprise move to expand long-dated bond buybacks helped the precious metal break above $4,600 per ounce... Ernest Hoffman

A single use of Silver is on track to consume roughly as much metal each year as Chile pulls out of the ground... Przemyslaw Kwiecien

Spot Gold and Silver prices are sharply higher in early U.S. trading Friday, as a weaker U.S. dollar, fading September Fed-hike expectations and U.S. fiscal concerns kept buyers in control of the precious-metals breakout... KITCO NewsWire

Silver could be the better-performing precious metal from here, with Jonathan Barratt, CIO of ETO Markets, seeing the metal first targeting $75 per ounce and potentially reaching $100 per ounce if supportive US Treasury liquidity policies remain in place... Manisha Gupta

Spot Gold and Silver prices are sharply higher in late-afternoon U.S. trading Wednesday, as a Treasury-led bond-market rally pulled yields lower, weakened the U.S. dollar and helped precious metals cut through key resistance levels even after Fed minutes showed policymakers were more concerned about inflation... Kitco NewsWire

Thirty-year yields fell, short rates rose, and the dollar hit a three-month low... Jeremy Szafron

Silver could climb as high as $90 an ounce over the next six to 12 months, according to Citi, as stronger investor demand potentially outweighs a softer outlook for some industrial uses... Fiona Craig

Gold prices got a boost from a reassuringly in-line CPI report on Wednesday, and while Thursday morning’s equally benign PPI print didn’t push prices higher, the yellow metal has successfully broken out of its recent range and is holding above $4,350 on Thursday afternoon, exactly $100 below its post-CPI peak... Ernest Hoffman

U.S. retail sales unexpectedly fell in July after recent strong gains that were fueled by large tax refunds, but consumer spending is likely to remain supported by rising wealth from the stock market even as households are increasingly sensitive to higher prices... Thomson Reuters

After the gold price jumped significantly over the past week, UBS Global Wealth Management, together with other wealth managers, discuss the outlook and the benefits of including gold in investors’ portfolios... Amanda Cheesley