Some big price moves unfolded this week in the silver market... and the poor man's gold is looking super strong right now after breaking above the key $37 level.
Well, during this holiday shortened week the metals are having decent success. Gold is up about $60 or 1.7% to come in at $3,342 an ounce. Turning to silver, the white metal is performing slightly better, up nearly 90 cents or 2.4% to...
Calls to bring Germany’s gold home are growing, and now voices in Italy are urging that country’s government to do the same.Germany owns the second-largest gold reserves in the world at 3,352 tonnes. Italy ranks number three with 2,452...
Well, we're getting more fireworks in the gold and silver markets this month, with the biggest news being Israel's pre-emptive strike on Iran. Gold has risen nearly $100 over the past day and a half thanks to its safe-haven appeal.
Well, Bank of America seems to have turned into a bit of a precious metals bull, announcing in recent days it has raised its one-year gold price target to $4,000 and silver to $40. Last October, the big bank had only projected $3,000 for...
You've probably already seen the news about Moody’s downgrade of the U.S. government’s credit rating. But the biggest takeaway for us here at Money Metals is that so many people seemed surprised. The reaction should have been, “Tell us...
We've reported often about the strong demand for gold coming from Asia and the Middle East. Along with that, we're seeing more and more gold market infrastructure built out that challenges the dominance of New York and London.
In a rare moment of honesty, Federal Reserve Chairman Jerome Powell admitted he and his fellow central bankers don’t know what they’re doing as they wrapped up the May Federal Open Market Committee (FOMC) meeting this 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.
Gold’s record run has been nothing short of astounding, and it appears the bulls have plenty of strength left in them.