News Articles

China’s gold imports hit a monthly high in August . . . . Ernest Hoffman

Spot Gold prices were modestly firmer and spot Silver prices were sharply higher in late U.S. trading Tuesday, as lower oil prices eased the immediate inflation shock from the Strait of Hormuz while Treasury yields and a firm U.S. dollar kept Gold’s upside contained... Kitco NewsWire

Goldman Sachs kept its end-2027 gold forecast at $5,400 an ounce despite this week's Fed hike, saying tighter policy will slow the rally but not derail it. Gold ticked above $4,355 on Friday on a softer dollar and lower oil prices... Eamonn Sheridan

The Financial Times reports that China’s holdings of US Treasuries are now at their lowest level since 2008. . . . . Callum Newman

The Federal Reserve’s commitment to bring inflation down to its 2% target is creating some much-needed confidence in the long end of the yield curve as 10-year bond yields fall back below 5.00%; however, according to one fund manager, gold remains the ultimate safe-haven insurance play... Neils Christensen

Spot Gold and Silver prices are seeing significant selling pressure Monday morning as rising bond yields and surging energy prices strengthen expectations that the Federal Reserve will raise interest rates this week, overwhelming safe-haven demand generated by escalating geopolitical uncertainty in the Middle East... Kitco NewsWire

The Gold market is starting the new trading week at a one-month low with prices dropping below $4,300 an ounce and the precious metal faces further downside risks as the Federal Reserve rate hike this week, but according to one fund manager, investors focused on the next 25-basis-point move are missing the much bigger picture... Neils Christensen

Below, we look at lessons from Japan and its latest signals to prepare for a market sell-off, a debasement acceleration and a golden endgame... Matthew Piepenberg

Despite renewed threats of an imminent rate hike in September, gold’s price action during August shows just how much potential the precious metal has as a hedge against the unsustainable rise in global sovereign debt... Neils Christensen

The People's Bank of China added 650,000 ounces of gold to its reserves in August, the largest monthly increase since October 2023... Big Go Finance