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Last week, the National Bank of Poland announced plans to boost its gold holdings to 30 percent of its total reserve assets. The Polish central bank has already significantly increased its gold ...
Central banks have set records for the amount of gold they’ve purchased in the last few years. But with the price continuing to soar to new all-time record highs, a relevant question that rarely gets ...
The gold and silver rally continues on ahead of tomorrow’s interest rate cut from the Fed, and one of the factors driving the rally has been the obliteration of the dollar index.
The Federal Reserve is expected to cut interest rates by at least a quarter percent this week, dropping its federal funds rate to between 4 and 4.25 percent. What will that mean for gold and silver?
NEW YORK () Gold (XAU/USD) extends its record-breaking rally on Tuesday, trading just shy of the $3,700 psychological level. The precious metal continues to draw strength from a broadly weaker US ...
Catalyst Metals has supercharged the gold market, announcing a 100% increase in reserves at its Plutonic Gold Belt to 1.5 million ounces. With a new 10-year mine plan and a 200,000-ounce annual ...
The Federal Reserve is set to lower the target policy interest rate this week in spite of the fact that price inflation rose again in August. The Fed has, for many years, insisted that it is equally ...
Despite the significant increase in tariff revenue, the U.S. continues to run massive budget deficits. The budget shortfall for fiscal 2025 has already exceeded last year’s deficit. So much for import ...
According to the Treasury Department’s monthly statement released on Thursday, Federal spending surged again in August, rising to the highest spending level reported in 30 months. At the same time, ...
It was another great week for precious metals. Gold up over 1% on the week. Silver up almost 3% on the week. Silver stocks up seven to eight% on the week. The gold stocks GDX GDXJ up 5% and 6% on the ...
Gold and silver continue to trade higher this week, receiving another boost on new geopolitical concerns and expected Fed rate cuts next week.
When gold broke decisively above $2,100 in March 2024, it signaled the start of the accelerated phase of this bull market. At the time, I projected a move to $3,000. That target was hit within a year, ...
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