Price Update
As American President Trump dramatically reverses course regarding his reciprocal tariffs, markets experienced volatility similar to what happened during the 2008 Global Financial Crisis (GFC). The President reduced country-specific tariffs down to a universal 10% for 90 days to facilitate negotiations and this applies to all trade partners except China. Instead, tariffs for China have […]...
Liberation Day has been declared by President Trump in America and the global fallout has been swift and significant.China has met America and imposed their own 34% retaliatory tariff on all US imports, a move that some analyst fear could lead to a fully-fledged international trade war.With gold trading at $4,957, silver at $50.00, and […]...
Overnight gold and silver have experienced a spike in prices worthy of note. With gold trading at $4,751, silver at $54.01, and platinum at $1,617, volatility seems to be the top concern in the precious metals markets and global economies in general. While main stream media will emphasis that US President Donald Trump inherited high […]...
Even though gold has dipped over the last couple of days, it has continued trading sideways for much of the month and decreased by only $10 from February 10th. This consolidation period is not uncalled for and allows gold to build a more solid foundation for moving forward. With gold currently trading at $4,625, silver […]...
Tariffs, trade wars and geopolitical turmoil seem to be mentioned in every conversation regarding gold. More recently rumours swirl around whether both London and Fort Knox actually have the gold holdings they claim. With gold trading at $4,586, silver $51.65, and platinum at $1515, one wonders how all these pieces fit together in the future […]...
After a brief dip, Gold has maintained its bullish momentum above US $2,900. Currently trading at $4,634, silver $51.64, and platinum $1,630, many banks have changed their targets for the yellow metal this year. Those joining the choir of US $3,000 include, Goldman Sachs, Bank of America, JP Morgan, Swiss bank UBS, and locally, Commonwealth […]...
