Vince Lanci
Vince Lanci Articles
As the gold price keeps blowing through the bullion bank price targets, now even the banks that traditionally aren't so kind in their commentary towards gold are raising their forecasts.
The Central Banks have been driving the gold rally over the past few years with record amounts of gold purchases. The pace is somewhat lower this year, although increased in May.
After last week's selloff, the gold price has once again rebounded, and is now back up over the $3,350 level.
While most of the attention in the precious metals world is focused on gold and silver, we've seen some interesting trading activity in the platinum market this year.
Amazingly we're almost halfway through 2025, and it's safe to say that the first half had no shortage of activity for the financial markets. But after everything we've seen, including this week's selloff, what can you expect in the second...
The US did go ahead with its strikes on Iran on Saturday (although reports of how much damage was actually done are mixed).
We've just seen a historic gold and silver rally over the past year and a half. But is it possible that the prices could be coming back down?
One of the fun parts of last year's gold and silver rally was watching the banks raise their price targets, then seeing the prices blow past them, forcing the banks to raise their targets again.
You're going to be hearing a lot more about Basel III and the implementation (or lack thereof) of the capital treatment rules that affect how gold is classified.
Normally there's a lull in the gold market during the 'summer doldrums.' But in this morning's show, Vince Lanci explains why you might not want to wait around for that this year.
