Mike Maharrey
Mike Maharrey is a journalist and market analyst for MoneyMetals.com with over a decade of experience in precious metals. He holds a BS in accounting from the University of Kentucky and a BA in journalism from the University of South Florida.
Mike Maharrey Articles
Gold outperformed every major asset class in the first half of the year, but it wasn’t the top commodity. That honor goes to platinum.
High prices continue to put a drag on Indian gold jewelry sales even as investment buying surges. India ranks as the second-largest gold market globally behind China.
The National Bank of Serbia recently announced that it will hold all its gold reserves within its own borders. Serbia holds 50.5 tonnes of gold, valued at roughly $6 billion.
Women love gold! The popularity of gold jewelry makes this pretty apparent. But that’s not the full extent of women’s love affair with the yellow metal. American women also tend to prefer gold as an investment.
Where do we get our gold? Last year, mines globally produced an estimated 3,661 tonnes of gold. It was a new record, but only 3 tonnes higher than the previous record set in 2018.
Over the last few years, several states have exempted gold and silver bullion from sales taxes, but during the 2025 legislative session, two went the opposite direction.
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.
One of the top candidates to succeed Jerome Powell at the Federal Reserve said the central bank needs to coordinate more closely with the U.S. Treasury and advocated for a much more inflationary monetary policy.
As central banks scramble to increase their gold reserves, many are turning to domestic mine production to save money, support local industry, and expand their reserves.
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?
