Gold prices surged to a record $5,100 per ounce on March 13, amid a slump in consumer sentiment and rising inflation fears. However, prices slid 3.3% on March 18, as the market anticipated a delay in rate cuts until 2027. By March 23, prices had dropped to $4,355.60, with increased demand for safe-haven assets due to geopolitical tensions. By the end of March, Wells Fargo reaffirmed its bullish outlook on gold, raising its price target to $6,100-$6,300 per ounce.
The Banque de France has finalized the repatriation of its gold reserves from the New York Federal Reserve, booking a significant €12.8 billion capital gain. This strategic process involved upgrading 129 tonnes of gold to meet international 'London Good Delivery' standards for enhanced market liquidity. A new central…
Read the full storyThe United States is facing escalating fiscal risks as interest payments on federal debt are on track to become the nation's largest expenditure, surpassing Social Security. This fiscal deterioration is compounded by a Pentagon request for an additional $200 billion to initiate funding for potential conflict with…
The U.S. government has officially designated silver as a critical mineral to bolster national security and secure domestic supply chains. This strategic move, following a January 2026 Presidential Proclamation, aims to streamline mining permits for essential industrial and defense applications. Market analysts have…
Gold and silver prices surged on Wednesday following the official announcement of a cease-fire between the U.S. and Iran. This price action aligns with the outlook from Merrill Lynch analyst Jared Avioli, who suggested that gold's fundamental drivers would re-emerge as geopolitical shocks fade. However, Commerzbank…
Gold prices continued their ascent, surpassing the $4,750 mark to reach a three-week high near $4,800. This rally followed reports identifying the United States and Iran as the parties involved in a potential ceasefire, marking a significant shift in the geopolitical landscape. Consequently, the US Dollar (USD) faced…
Financial markets are facing renewed warnings regarding the return of stagflation as geopolitical tensions in Iran continue to escalate. A significant spike in market volatility has been observed alongside surging oil prices, reflecting heightened investor anxiety. Analysts suggest that the lack of a clear diplomatic…
Gold prices recorded a 4% weekly gain despite a pullback on Friday, as markets remain focused on President Trump's 48-hour deadline for a diplomatic deal. The recent retreat in XAU/USD is specifically linked to robust US jobs data, which bolstered the US Dollar and reinforced higher interest rate expectations.…
Gold prices slid by over 2% following Donald Trump's decision to extend military operations in Iran, which bolstered demand for the US Dollar. This intraday decline intensifies the selling pressure seen in March, where gold fell by more than 13% amid expanding regional conflict and market volatility. Gains in the US…
The Central Bank of Brazil (BCB) reported a massive doubling of its gold reserves in 2025, elevating the metal to the second-largest component of its foreign exchange reserves, trailing only the U.S. dollar. This strategic move aligns with a broader global trend, as central banks remained net buyers of gold through…
Gold prices remain stable above the $5,500 per ounce level, maintaining a massive 47% rally over the past year. While investors continue to prioritize low-cost ETFs, interest is growing in sophisticated income-generating products like the KGLD ETF. This fund utilizes a synthetic options strategy to deliver a…
Wells Fargo has raised its year-end gold price target to a range of $6,100 to $6,300 per ounce, viewing recent market dips as a "tactical opportunity." Gold prices are currently hovering below the $4,600 per ounce level as traders assess market developments and potential shifts in sentiment. Market participants are…
The Central Bank of the Republic of Turkey (CBRT) has reportedly sold and swapped approximately 60 tons of gold reserves, valued at over $8 billion, in the two weeks following the onset of the Iran conflict. Official data indicates a significant decline of 6 tons during the week of March 13, followed by a substantial…
Russian President Vladimir Putin has signed a legislative decree imposing significant restrictions on the export of physical gold. The new order specifically bans the export of gold bars weighing more than 100 grams from the Russian Federation. This export restriction is scheduled to take effect on May 1, 2026,…
Gold prices (XAU/USD) rebounded on Friday morning following a week of sharp volatility, primarily supported by robust demand from Asian markets. This recovery follows a period of intense pressure where the US Dollar’s strength and its approach toward the critical 100 level dominated market sentiment. Investors are now…
Silver prices (XAG/USD) remain under sustained selling pressure below the $70.00 level, driven by the strong US Dollar Index (DXY) and rising Treasury yields. The market continues to grapple with a structural disconnect between paper trading contracts and physical bullion availability following the 44% plunge from…
Turkey's central bank has spent approximately $30 billion to support the lira as foreign investors accelerate their exit from Turkish assets. The massive capital flight is largely attributed to the ongoing war involving Iran, which has significantly disrupted regional capital flows. As foreign exchange reserves…
Preliminary March PMI data for the United States revealed a concerning stagflationary trend, with the Composite PMI hitting 51.4 and signaling an annualized GDP growth rate of just 1.0%. While Manufacturing rose to 52.4, the Services sector slumped to its lowest since April 2025 as inflation gauges suggest a potential…
Eurozone consumer confidence dropped to -16.3 points in March, missing the expected -14.1 as the conflict with Iran continues to weigh on household sentiment. Despite the slump in confidence, European equity markets showed resilience with the STOXX 600 index closing 0.4% higher at 579.28 points, recovering from an…
Silver prices (XAG/USD) staged a sharp rally following news of a proposed 15-point peace plan by the United States with Iran. This significant geopolitical development triggered a surge in risk appetite, leading to a retreat in Treasury yields and a dip in the US Dollar Index (USDX). Technically, the price saw a…