China's Gold Demand Lags Behind Global Trends in AugustChina’s gold market in August showed mixed signals, with the LBMA Gold Price AM in USD rising 4.3% while the Shanghai Gold Benchmark PM in RMB increased by only 1.7%. Gold withdrawals from the Shanghai Gold Exchange increased month-over-month but fell year-over-year, reflecting weak local demand despite seasonal factors. Chinese gold ETFs experienced their first […] READ MORE U.S. Wholesale Inflation Steady at 0.2% in August, Core Prices Edge HigherThe U.S. Producer Price Index (PPI) increased by 0.2% in August compared to July, meeting economists’ expectations. This follows the release of consumer inflation data the previous day. On an annual basis, producer prices rose by 1.7%. The core PPI, which excludes food and energy prices, showed a slightly higher increase of 0.3% month-over-month, surpassing […] READ MORE Gold Holds Ground Above $2,512 Amid Mixed Economic SignalsGold prices are maintaining a bullish trend above $2,512 despite headwinds from rising US Treasury yields and a strong US Dollar. The recent CPI report showing cooling inflation has increased expectations of a modest 25-basis-point rate cut by the Federal Reserve. While gold faces resistance at $2,539, it could potentially rally to $2,548 if momentum […] READ MORE Crude Edges Higher as Hurricane Francine Threatens U.S. OutputHurricane Francine’s impact on U.S. oil production has caused a modest increase in crude oil prices, with Brent and WTI futures rising by about 1%. The storm has disrupted offshore platforms and coastal refineries in the Gulf of Mexico, leading to concerns about short-term supply tightening. However, the price gains are limited due to a […] READ MORE My First Ever Client Purchased $1/2 Million Gold & Silver in 2005In this short update from Mike Maloney at the Limitless conference, you’ll be introduced to the very first client of GoldSilver.com READ MORE ECB's Second Rate Reduction Signals Gradual Shift in Monetary PolicyThe European Central Bank (ECB) has implemented a second interest rate cut, lowering its benchmark rate by 0.25 percentage points to 3.5% as inflation in the eurozone continues to decline. This move aims to stimulate economic growth by reducing borrowing costs for businesses and consumers. While inflation has significantly decreased from its peak, the ECB […] READ MORE Raw Material Stocks Climb Amid Fed SpeculationThe materials sector experienced a slight uptick following the release of inflation data, as investors anticipate a potential rate cut from the Federal Reserve in the upcoming week. Consumer prices rose 2.5% in August, meeting expectations, while core prices exceeded forecasts. Gold futures remained near record highs, and lithium miners saw gains due to potential […] READ MORE Inflation Eases to 2.5%, but Core Prices Remain StickyThe latest Consumer Price Index (CPI) report shows that US inflation has continued to moderate, reaching its lowest annual rate since early 2021. In August, consumer prices rose 2.5% compared to the previous year, down from 2.9% in July. This deceleration in inflation, driven by falling gasoline and used car prices, aligns with economist expectations […] READ MORE Behind the Number: Unpacking the Fed's 2% Inflation TargetThe Federal Reserve’s 2% inflation target, established in 2012, serves as a benchmark for maintaining price stability and economic health. Recent data shows inflation moderating towards this goal, with August’s Consumer Price Index rising 2.5% annually. This trend, coupled with a slowing labor market, suggests the Fed may consider rate cuts soon. The 2% target […] READ MORE « Previous 1 … 9 10 11 12 13 … 201 Next »