Learn

Gold rally leaves wealth managers wondering if price is still right

Chinese leader Xi Jinping and Russian president Vladimir Putin vowed last week to work together against what they called the “destructive and hostile” US. And few commodities have been as affected by their policies as gold.   Just days later, on Monday this week, the precious metal’s price soared to a record high of $2,450 [...] READ MORE

Oil falls 1% on sticky US inflation, dampened geopolitical risk premium

A view shows the Yan Dun Jiao 1 bulk carrier in the Vostochny container port in the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. Summary Fed caution signals interest rates staying higher for longer US gasoline pump prices fall for four straight weeks - EIA Minutes from Fed's [...] READ MORE

Fed Governor Waller wants ‘several months’ of good inflation data before lowering rates

KEY POINTS Fed Governor Christopher Waller said Tuesday that he does not think further interest rate increases will be necessary. However, cuts are probably “several months” away, the central bank official said during a speech in Washington. Federal Reserve Governor Christopher Waller, citing a string of data showing that inflation appears to be easing, said [...] READ MORE

Target is cutting prices on up to 5,000 items to lure back inflation-weary shoppers

Target said its lower prices will aim to “collectively save consumers millions of dollars” on household staples and everyday items such as milk, fresh fruit, diapers and even pet food. Spencer Platt/Getty Images New York(CNN) - Target has slashed prices on more than 1,500 popular items beginning immediately, ranging from butter to laundry detergent, as [...] READ MORE

Gold gives up gains after comments from Fed’s Barr

Gold price rises on safe-haven demand after news of the President of Iran’s death increases tensions in the region. Comments from Federal Reserve's Michael Barr, however, weigh on the precious metal. Gold rises as a general fracturing of the world order drives central banks to stock up on the precious metal. A shift in expectations [...] READ MORE

Main facts about the copper market as prices hit record highs

A shipment of copper is seen in the port of Valparaiso city, about 121 km (75 miles) northwest of Santiago, June 29, 2009. LONDON, May 20 - Copper surged to record highs on Monday as a recent rally triggered by short covering created momentum for speculators and funds to bet on higher prices of the [...] READ MORE

When Could We See $50 Silver? Alan Hibbard on Schwab Network

In a recent appearance on Schwab TV, Alan Hibbard from GoldSilver.com shared valuable insights as to why gold and silver prices are on the move higher.   “We’ve seen central bank gold buying increasing since 2016... Retail demand is really high. We’ve seen Costco and Walmart selling gold and that’s atypical, and investors are absolutely [...] READ MORE

Fed’s Barr: Inflation data ‘disappointing,’ tight policy needs more time

AMELIA ISLAND, Florida - U.S. inflation data through the first months of 2024 has been "disappointing," Fed vice chair for supervision Michael Barr said on Monday, leaving the central bank short of the evidence it needs to ease monetary policy.   "Inflation readings in the first quarter of this year were disappointing. These results did [...] READ MORE

6 Silver Coin Mints Every Bullion Investor and Collector Must Know

Silver coins are a popular choice in the world of precious metals. As an asset, silver coins hold intrinsic worth due to their silver content. These coins are known for their rarity, beauty, and historical significance, which further enhances their value. Investing in silver coins provides an ideal balance of tangibility and collectibility while providing [...] READ MORE