Precious Metals News

Gold was up nearly 26 percent through the first six months of 2025, ranking as the top-performing asset class. This booming performance continued the momentum built in 2024 when gold surged by 26.5 percent. After recording 40 all-time highs in 2024, gold set another 26 all-time highs through the first six months of this year.

Are undeclared silver purchases by the Russian government boosting the price of silver? There is some anecdotal evidence that they are. Silver is up nearly 28 percent this year. It briefly traded above $39 an ounce earlier this week. Even with those gains, the gold-silver ratio is over 100-1, signifying that silver is significantly underpriced compared to gold.

Based on the latest Consumer Price Index (CPI) data, prices showed signs of creeping higher in June. However, there were enough dovish points in the data to support those pushing for looser monetary policy. The headline annual CPI spiked from 2.4 percent in May to 2.7 percent in June, according to the latest data from the BLS.

Since hitting an all-time high of $3,500 in April, gold has consolidated and generally traded sideways in a range between $3,200 and $3,400 an ounce. Does this mean the bull run is over? A recent report by Metals Focus argues that while there are still plenty of short-term headwinds, the gold price remains well-supported, with strong potential for further upside.

Several interesting stories featured in the latest edition of the Silver Institute’s bi-monthly Silver News report. Based on the survey, 92 percent of retailers are optimistic that silver jewelry sales will continue to grow for the next several years. That’s up from 88 percent in 2022.

Affluent Hong Kong investors have nearly tripled their gold holdings over the last year. According to an HSBC survey, Hong Kong residents with $100,000 to $2 million in investable assets have allocated an average of 11 percent of their portfolios to gold and other precious metals. That was up from a 4 percent allocation just one year ago.

As we celebrate America’s independence, there is a lot of focus on the Founding Fathers. After all, they drove the American Revolution. The revolution was a mindboggling accomplishment. It was incredible that rag-tag U.S. forces were able to face down the mighty British Empire.

The pace of central bank gold buying picked up slightly in May. Globally, central banks officially added a net 20 tonnes of gold to their reserves in May, according to the latest data compiled by the World Gold Council. This compares to 14 tonnes in April.

Despite the prevailing notion that the Federal Reserve has implemented “tight” monetary policy, the money supply has expanded by more than $600 billion since its low point in mid-2023. Based on the “true” money supply measure (TMS), the money supply expanded by 2.2 percent year-over-year in April – up from a 1.4 percent increase in March.

Investment demand for gold remained strong in India last month, even as post-wedding season jewelry demand was soft due to price pressure. Meanwhile, many Indians are taking advantage of higher prices and monetizing their gold. Through the first two weeks of June, gold rose 4 percent. To date, gold is up over 30 percent in rupee terms.

Central banks have gobbled up over 1,000 tonnes of gold for three straight years, and most central bankers think the buying trend will continue. Last year was already the third-largest expansion of central bank gold reserves on record, coming in just 6.2 tonnes lower than in 2023 and 91 tonnes lower than the all-time high set in 2022 and now…

Due to a combination of central bank gold buying and the surging price of gold, gold has overtaken the euro as the world’s number two reserve asset. But it’s not so much that gold is replacing the euro. It is supplanting the dollar. At the end of 2024, gold made up 19.6 percent of global reserves, with the euro accounting for 15.9 percent but now…

The May CPI report is ratcheting up pressure on Jerome Powell and the Federal to cut interest rates. In other words, the perception that the inflation problem is solved is raising the specter of more inflation. In a social media post on Wednesday, Vice President JD Vance joined President Trump in calling for the central bank to cut interest rates.

Silver has cracked a key resistance level, and Rich Dad Poor Dad author Robert Kiyosaki called the white metal “the biggest bargain today.” Silver was up 5.3 percent on Monday, the biggest gain in eight months. And on Wednesday, the white metal surged above $36 an ounce in early trading. The last time we saw $36 silver was in 2011, when it…

Central bank gold buying moderated in April, as the gold price hit record levels. Globally, central banks officially added a net 12 tonnes of gold to their reserves in April, according to the latest data compiled by the World Gold Council. This was 12 percent lower than March and below the 12-month average of 28 tonnes.