precious metals

With rising geopolitical tensions and the Federal Reserve shifting toward rate cuts, 2024 is shaping up to be gold's best year in over four decades, reigniting strong investor demand for the precious metal. Gold, as tracked by the SPDR Gold Trust (NYSE:GLD), has surged 33% year-to-date as of Oct....

Bank of America released a bullish note on gold Thursday, just as the precious metal reached new record highs at $2,696 per ounce (oz). Gold remains “the ultimate perceived safe haven asset” in today's macroeconomic environment, according to Bank of America’s commodity analyst...

Gold is back in the spotlight, and eyes are on the Fed. As the U.S. Federal Reserve prepares for what could be an aggressive rate cut, gold ETFs, especially the gold-bullion tracking ETFs such as the SPDR Gold Trust (NYSE:GLD) and the iShares Gold Trust (NYSE:IAU), are riding the wave. Gold prices...

Silver mining stocks have recorded their best weekly performance in over four years, with some exchange-traded funds (ETFs) delivering their highest gains since inception. A perfect storm of rising gold prices, expectations of a Federal Reserve interest rate cut, and a condition of structural...

Goldman Sachs projects a surge in gold prices to $2,700 per troy ounce by early 2025, driven by strong central bank demand and imminent Federal Reserve rate cuts. The investment bank said in a Monday note that it continues to see gold as a prime asset in the near term, highlighting it as the...

Billionaire Mike Novogratz, founder and CEO of Galaxy Digital, predicted Bitcoin (CRYPTO: BTC) and precious metals are poised for a surge, fueled by potential interest rate cuts. What Happened: In a tweet, Novogratz highlighted the lack of solid reasons for the Federal Reserve to reduce interest...

By RoboForex Analytical Department Gold's price soared to a new record high on Monday, stabilising around 2344.00 USD per troy ounce. A confluence of factors is currently bolstering the precious metal's value. Geopolitical tensions in the Middle East are a significant driver, positioning...

Robert Friedland, an American-Canadian billionaire financier specializing in securing funding for the exploration and development of mineral and energy resources, recently gave a talk about his thoughts on the future of mining. His extensive experience in the mining industry has made him a...

Gold Fields Limited (NYSE: GFI) shares traded lower on Thursday. The stock pulled back sharply after two weeks of price consolidation. Here's an overview of what has developed recently. What To Know: Gold Fields stock greatly benefited from domestic and global tailwinds for the precious...

Palladium has experienced a dramatic decline of 64% since March 2022, a stark reversal from the 256% bull trend that began in August 2018. In contrast to palladium's bearish trend, gold has been on the rise, reaching new record highs, including a brief peak at $2146 this month. Palladium has...

In a recent episode of "The Rich Dad Radio Show," financial educator and author Robert Kiyosaki expressed grave concerns about the United States’ financial health.  "America is now bankrupt," he said. "And the question I want to answer today is how [come] America, at one time reportedly...

American entrepreneur and businessman Robert Kiyosaki is a vocal opponent of the Biden Administration’s policies. During an interview on the Finance with Sharan podcast, he said, “America is going to be the poorest country in the world, starting now.” Kiyosaki, the author of...

Gold prices have reached a six-month high, influenced by a combination of a weakened U.S. dollar and market speculation that the U.S. Federal Reserve may have concluded its interest rate hikes. Silver has also seen a significant uptick, reaching a nearly three-month high. Gold prices have soared...

Gold may not be the only safe haven investors can hide out in during tumultuous economic times. Silver also seems to have proved its mettle.  There are several reasons why silver can be a sound investment for many, one Lear Capital predicts will see strong growth this year and beyond. For...

Everyone knows you can leave Costco Wholesale with a cart brimming with oversized tubs of peanut butter, a TV larger than your living room wall and enough toilet paper to last a decade. But did you know that the warehouse chain sells gold bars, too? Costco has started selling 1-ounce gold bars. You...