America’s emergency oil reserve has dropped to its lowest level since Ronald Reagan’s first term, and the gold market responded before many analysts noticed. As of Thursday morning, gold traded near $4,078, up roughly $10 on the day, after Brent crude surged 7.9% on Wednesday to $90.74 following renewed US–Iran military exchanges. Historically this kind … Read more

Key Takeaways The Federal Reserve (the Fed) is the United States central bank, created by Congress in 1913 to stabilize the banking system and reduce the risk of financial panics. The Fed operates under a dual mandate from Congress: maintain price stability (with a 2% inflation goal) and foster maximum sustainable employment. Its most influential … Read more

Gold briefly opened above $4,100 this morning for the first time in about a month, but by mid-morning it had fallen back below $4,030. That intraday swing sums up the market’s current dynamic: several major forces are acting simultaneously and in different directions. Institutional buying appears to be strengthening, while the odds of further rate … Read more

The Conference Board released its July Consumer Confidence survey at 10:00 a.m. ET. The headline Consumer Confidence Index edged down 1.4 points to 90.8, extending a decline that began in late 2021. The Present Situation Index fell 3.6 points to 114.9, marking its third straight monthly drop. In commodity markets, gold traded near $4,040 per … Read more

June’s inflation report was released Thursday morning. The Federal Reserve’s preferred inflation measure, the Personal Consumption Expenditures (PCE) price index, declined to 3.7% year-over-year from 4.1% in May and fell 0.1% month-to-month, according to the Bureau of Economic Analysis. That cooler headline number might sound straightforward, but the full report told a more complicated story … Read more

Gold traded at $4,073 per ounce on Monday, July 27, 2026, rising about half a percent from Friday’s close. Silver was near $58.48, also modestly higher. The Federal Reserve begins a two-day meeting tomorrow, and much of the commentary will focus on whether the Fed holds rates or hikes on Wednesday. That framing misses the … Read more

Gold surged past $4,100 on Thursday morning while silver remains under pressure near $58. The Federal Reserve paused rate changes for the fifth straight meeting on Wednesday, and the Bureau of Economic Analysis released the June PCE inflation reading this morning — both outcomes broadly in line with expectations. Still, the headlines do not capture … Read more

Three Federal Reserve officials entered Wednesday’s FOMC meeting convinced that interest rates should rise and cast their votes accordingly. The other nine members voted to hold. The result was a 9-3 decision to keep the federal funds rate at 3.50%–3.75% — the most divided Fed vote since September 2016. Gold rose by more than $40 … Read more

The world’s central banks did something notable in the second quarter of 2026. Even as gold experienced its steepest quarterly price decline in a decade, official buyers accumulated more gold than in any previous Q2 on record. On July 30, the World Gold Council released its Gold Demand Trends Q2 2026 report. The standout figure: … Read more

Gold spot price today: $4,047 per ounce, according to goldsilver.com price charts. In the same quarter, two very different groups of buyers looked at the gold market and made opposite decisions. One group pulled 45 tonnes out. The other added 289 tonnes. That split is the most important finding in the World Gold Council’s Q2 … Read more