Industry Commentary

Trump Announcements Impact Gold

Nov 26, 2024

Geopolitical uncertainties, including rising global conflicts and Russia’s nuclear threats, have supported safe-haven demand for gold. Investors have turned to the metal as a hedge against instability. Speculation about the Federal Reserve’s interest rate cuts has also supported gold prices, as lower interest rates typically weaken the U.S. dollar and bond yields, making gold more attractive. Investors continue to view gold as a reliable store of value amid these economic challenges.

Escalation

Nov 19, 2024

This escalation rattled global markets. U.S. stock indexes retreated, while the gold price rallied and appears to have found a temporary floor, driven by a surge in geopolitical tensions.

Gold Got Trumped

political | Nov 12, 2024

As expected, Donald Trump's victory in the recent U.S. presidential election has triggered a rally in equities, Bitcoin, and the U.S. dollar, creating significant headwinds for gold and silver prices.

Election Day

metal | Nov 5, 2024

In 2016, Donald Trump entered the election as the underdog against Hillary Clinton. The expectation was that if he managed an unlikely victory, gold prices would surge due to his potential to disrupt the establishment and implement foreign policy changes

Gold-Backed ETFs Join the Rally

metal | Oct 29, 2024

This seemingly never-ending gold rally just keeps on giving. What initially started as a reaction to COVID back in 2020 has now transformed into one of the most prolonged and meaningful bull runs in gold’s modern history. The questions remain: why does gold continue to achieve new all-time highs, and how long will this momentum last?

Gold and Silver Markets Surge

metal | Oct 22, 2024

On Friday, gold surged to new heights, closing above $2,700 per ounce and reaching $2,740 today, marking a new all-time high. Silver followed suit, breaking through $33 per ounce and extending to around $34.30, its highest level this year.

Gold ETFs Heating Up

metal | Oct 8, 2024

Gold ETFs play a crucial role in the overall gold market. They are second only to central bank purchases in terms of significance, and their performance heavily influences gold prices. Currently, all three segments of the investment gold market; central banks, ETFs, and the retail physical market are active buyers. As a result, analysts expect gold prices to continue appreciating in the foreseeable future.

Netanyahu’s Actions Supportive of Gold Price

metal | Oct 1, 2024

It has been one week since the Federal Open Market Committee (FOMC) cut interest rates. Thus far, the reaction from gold has been modest, rising by 1% since Chairman Powell announced the 50-basis-point rate cut. Silver, for its part, is up just under 2% and continues to be the more volatile of the two metals under current market conditions.

America at Risk

metal | Sep 24, 2024

A recent bipartisan report highlights escalating geopolitical tensions that pose serious threats to global stability, which may drive demand for gold and silver. The report, issued by a congressionally appointed commission, warns that the U.S. faces its most severe threats since 1945, including the potential for near-term conflict.

What A Week!

metal | Sep 17, 2024

It’s been an eventful week in both the political and financial markets. Vice President Kamala Harris faced off against former President Donald Trump in a high-profile debate, where she performed notably well, regardless of differing political perspectives.