All articles tagged with #gold
Gold jumped about to $4,599 per ounce and silver to $84.60 per ounce, both records, after Fed Chair Powell warned that DOJ subpoenas attempting to probe his Senate testimony are political pressure on monetary policy. He argued the Fed must set rates based on evidence and conditions, not politics, sending the U.S. dollar lower by roughly 0.4% as investors sought safe havens.
U.S. stocks closed higher with the Dow and S&P 500 pushing to records while gold jumped, as Trump escalated his criticism of the Fed and Chair Powell, boosting policy uncertainty. Notable movers included Alibaba, Beam Therapeutics, and Duolingo.
Geopolitical tensions, notably around Venezuela, are lifting hard assets as oil, gold, silver and copper rally, fueling talk of a 2026 commodities supercycle driven by inflation dynamics, AI-related capex, and evolving monetary policy expectations.
Gold prices are on track for a weekly gain of about 3.9%, reaching near record highs, driven by weaker-than-expected US job growth, geopolitical tensions, and expectations of Federal Reserve rate cuts, with projections of gold potentially surpassing $5,000 in 2026.
Gold and silver prices are under scrutiny as recent index changes have triggered a wave of bullion sales, reflecting market reactions to shifts in financial indices.
In October 2025, Canada's merchandise imports increased by 3.4% and exports by 2.1%, leading to a shift from a trade surplus of $243 million in September to a deficit of $583 million, driven by higher imports of electronics, metals, and machinery, and increased exports of gold and motor vehicles, while trade with the US narrowed.
In response to the unprecedented events in Venezuela involving U.S. military actions and political charges, investors are advised to consider safe-haven assets like gold and cash, monitor oil prices and oil company stocks, but generally maintain a long-term, steady investment approach without making drastic changes.
Oil prices experienced volatility due to geopolitical tensions in Venezuela, while gold and silver prices rose as safe havens amid macroeconomic uncertainty. Copper hit a record high driven by supply concerns and tariff uncertainties. Meanwhile, agricultural commodities like coffee and cocoa saw mixed movements influenced by export surges and weather conditions.
An Australian man using a consumer-grade metal detector discovered a 4.6-kilogram gold-rich rock worth approximately $160,000 in Victoria's historic 'Golden Triangle,' highlighting the region's ongoing gold potential. The find, split in two during extraction, underscores the area's rich history of gold discoveries and the enduring allure of prospecting, especially amid record-high gold prices.
The Federal Reserve is expected to cut interest rates more in 2026 due to a weakening US job market and slowing growth, which could boost gold and challenge the dollar, with the next Fed chair's policies playing a crucial role.
Gold prices surged to a one-week high following the US capture of Venezuelan President Maduro, increasing geopolitical tensions and boosting safe-haven demand, with other precious metals like silver, platinum, and palladium also experiencing significant gains.
Gold prices surged nearly 2% to a one-week high following the U.S. capture of Venezuelan President Maduro, which heightened geopolitical tensions and increased safe-haven demand, with other precious metals like silver and platinum also experiencing significant gains.
Gold and silver prices rose following the US's capture of Venezuelan President Maduro, increasing geopolitical concerns and prompting investors to seek safe-haven assets. Despite the political turmoil, regional stock markets in Asia showed gains, and oil prices remained relatively stable, with analysts suggesting limited immediate impact on energy prices.
Gold and silver prices surged following the US capture of Venezuelan leader Nicolás Maduro, amid heightened geopolitical uncertainty and expectations of further US interest rate cuts, with analysts predicting continued gains supported by global economic risks and political developments.
Jim Cramer recommends a three-asset investment strategy for early retirement: 45-50% in index funds, 45-50% in five carefully chosen stocks (including some speculative), and 5-10% in 'insurance' assets like gold and bitcoin to hedge against market downturns. While his approach offers a diversified plan, it involves risks, especially with concentrated stock holdings and volatile assets like bitcoin.