Gold Editorials & Commentary

We see a correction in the precious metals sector today (just as the USD Index is somewhat lower), but this doesn’t change anything. Let’s start with gold.

New Gold’s shares surged as much as 19% this week after completion of the $300 million acquisition of the remaining 19.9% free cash flow interest in its New Afton mine, consolidating 100% ownership and eliminating dilution risk. The move came alongside solid first...

Gold sector cycle is down. Trend is up for gold & gold stocks and down for USD. A pullback is in progress.

With gold setting record after record, people are scrambling to cash in by selling scrap gold and jewelry. Selling gold tucked away in a jewelry box or gathering dust on a shelf can certainly put extra cash in your wallet, but you should manage your expectations. ...

Gold has outperformed most asset classes for the last 25 years. If you think about it, that is a pretty remarkable run.

In a revealing episode of the Paydirt Podcast, host Peter Krauth of Silver Stock Investor sits down with Stefan Gleason, President and CEO of Money Metals Exchange, to explore the company’s rapid growth, its commitment to ethical practices, and where gold and silver...

The key future breakouts coming in precious metals.

Many, from Elliot Wave experts to the dollar-hugging faithful, are asking if we are now reaching a moment of “peak gold”? The evidence, and answer, is: No.

A word of advice if you’re looking for bankable information on the direction of the economy:  tune out the mainstream media’s cavalcade of Trump-deranged bozos and focus on the 4820 target in the SPX chart above.

Discussion with Bob Moriarty, Founder 321Gold, about commodities as a whole.

Our weekly wrap-up and a look ahead for the precious metal sector. 

Apropos of this missive’s title — and with the year’s first quadrimester (plus two May trading days) already in the books — let’s start with another of our infamous Gold Quizzes.  Ready? In settling yesterday, (Friday) at 3247, Gold completed its 18th trading week...

Gold and silver have pulled back several percent over the past week while stock markets have been buoyant over the past week as the Trump administration has softened its stance on tariffs.

At the close of the first week of May, 2025, looking at the Dow Jones Bear’s Eye View (BEV) chart below, it could be interpreted in one of two ways; 1. The Dow Jones is rebounding from a correction within the context of a bull market advance, 2. The Dow Jones is...

Gold surged above the upper band of its 10-month EMA envelope in April, signaling the potential start of a multi-month consolidation phase.

Central banks continued to stockpile gold in the first quarter. Official net gold purchases came in at 244 tonnes, 21 percent below Q1 2024 (310 tonnes), but 25 percent above the five-year quarterly average. As the World Gold Council put it, central bank gold buying...

Here are today's videos and charts.

Something important is about to happen next week... The U.S. nonfarm payroll statistics were just released. They were better than expected, but overall, well within the previous range of values – nothing to write home about.

The gold stock correction was needed, is healthy and will provide opportunity.

Gold miners’ stocks were dramatically surging just a couple weeks ago.  Mounting bullish sentiment was increasingly attracting back traders, who bid the leading gold-stock ETF to dozen-year-plus secular highs.  But this sector’s strong upside momentum reversed since...

Record gold prices drove first-quarter demand in 2025 to the highest level since 2016. The LBMA gold price hit multiple record highs in Q1, with the average price coming in at $2,860 an ounce. That was a 38 percent year-on-year increase.

USA Today reported the US economy’s performance in Q1 was the worst in three years. GDP growth in the last quarter of Biden’s administration was 2.4%; in the first quarter of Trump’s administration, it is – 0.3%.

In this episode of the Money Metals Midweek Memo, host Mike Maharrey opens with an unexpected comparison between the experience of playing goalie in a chaotic amateur hockey game and navigating today’s financial markets.

The gold price is down again this morning. And as Vince Lanci reports, a big part of the reason why is record Chinese holiday liquidations.

Chinese investors are pouring money into gold. China accounted for more than half of gold flows into ETFs globally last month, and Q1 Chinese demand for gold bars and coins hit the second-highest quarterly level on record.

After a volatile couple of months filled with relentless news and confusing cross-currents from the Trump administration’s tariff plans and other policies, the financial markets have calmed down in recent weeks—providing a much-needed breather for everyone, myself...

Gold has won the competition — a plebiscite as long-running as established civilizations — to be crowned mankind’s universal choice as a store of value and medium of exchange — as real money. Now, in less than two decades, a potential competitor has arisen: Bitcoin...

According to the Bureau of Economic Analysis, real GDP just went from a positive 2.4% annual growth rate to -0.3%. It will, of course, take two consecutive quarters of the “growth” rate coming in below zero for the present quarter to be officially designated as part...

After a furious rally that even saw the gold futures break $3,500 per ounce, the price has been due for a pullback.

Slide in copper, anyone? FCX? Or terrible jobs / GDP readings? We’ve got all of those today. Copper’s decline commenced even before the release of ADP employment and GDP statistics. This is not surprising, as technical indicators often precede fundamental factors....