Mint State Gold

Equities are not the only assets hitting all-time highs. Gold has been reaching record levels through this week, including an intraday high of USD 2,170 on Friday. . . . Chief Investment Officer UBS

Gold prices jumped on Friday to trade just below $2,200/oz before giving back some of the gains this morning. . . . Ewa Manthey & Warren Patterson

Amidst signs of a potential U.S. rate cut, silver prices soared over 4% within a week, driven by a slowdown in U.S. manufacturing and declining consumer sentiment....Kedia Advisory

Gold hit a record high on Tuesday, with growing expectation of U.S. monetary easing and continued geopolitical risk buoying activity from momentum-driven funds which could propel the precious metal further.... Polina Devitt and Ashitha Shivaprasad

Inflation is back on the radar this week after yesterday's release of PCE in the US. . . . ZeroHedge

Can the gold price breakout continue to set new all-time highs in 2024? There are 3 reasons why gold is likely going to continue to set higher highs. . . . Taki Tsaklanos

Silver can rise to $100, this decade, although it will need exceptional market conditions. The silver price will eventually rise to $100, but not in 2024 nor in 2025. . . . Tim Hack

Even as central banks buy more gold than ever, coin premiums have been driven lower throughout the retail precious metals market....SchiffGold

Buoyed by strong industrial offtake, global silver demand is expected to hit 1.2 billion ounces in 2024, which, if achieved, would be the second-highest level ever recorded. . . The Silver Institute

Gold continues to grind higher with the current level around $2035 reducing the monthly loss to just 1%....Ole Hansen