Mint State Gold

A year after U.S. inflation peaked and touched off an aggressive turn in monetary policy, Federal Reserve officials may be opening a more encouraging chapter in their policy discussion . . . .Reuters

Inflation as measured by the producer price index fell to a 0.1% annual rate in June, a surprising result showing prices have nearly stopped increasing altogether . . . . Zachary Halaschak

Wall Street stocks surged on Wednesday and the dollar and Treasury yields fell after new inflation data showed a slowdown in the seemingly relentless rise of U.S. consumer prices. . . . Reuters

Gold price has displayed a stellar run as the United States Bureau of Labor Statistics has reported softer-than-expected June Consumer Price Index (CPI) data. . . . Sagar Dua

An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia . . . . Reuters

The recent annual report on the metal from the Washington-based Silver Institute shows . . . . Robin Bromby

People’s Bank of China (PBOC) holdings of bullion rose by 680,000 troy ounces in June, according to official data released....Bloomberg

An acceleration in the transition to renewable energy is supporting metals not usually associated with renewables, such as Silver... FXStreet Insights Team

Gold prices headed higher on Friday as the U.S. Department of Labor's June jobs report revealed the smallest increase since 2020. . . .Myra P. Saefong and Joseph Adinolfi

Gold markets initially plunged during the trading session on Monday, but then turned. . . . Christopher Lewis