Gold climbed 2.49% to $4,132.56 on July 2, 2026, while silver jumped 3.85% to $61.45. Both metals rose as traders reversed a recent Federal Reserve rate-hike bet in the run-up to the U.S. jobs releases. Silver’s advance outpaced gold’s by more than 1.5-to-1, reflecting different sensitivities to the economic outlook and market positioning. This price … Read more

Key Takeaways June nonfarm payrolls rose by just 57,000, far below the 115,000 consensus estimate, and April and May payrolls were revised down by a combined 74,000 jobs. CME FedWatch odds of the Federal Reserve holding at the July 29 meeting increased from roughly 70% to about 78% after the report, reducing implied odds of … Read more

Key Takeaways Global gold demand exceeded 5,000 tonnes in 2025 for the first time, while total supply reached 5,002 tonnes. Mine production supplied just 3,672 tonnes [World Gold Council]. Mine production has grown at under 1% annually on average for a decade. The gold price rose sharply in 2025, but miners cannot quickly increase output … Read more

Key Takeaways Gold technical analysis uses price-based tools — moving averages, RSI, MACD and Fibonacci retracements — to assess trend direction, momentum and likely turning points in the gold price. For long-term physical holders, technical analysis does not replace fundamentals. Fundamentals determine why to own gold; technicals help decide when and how much to buy … Read more

In today’s update: The gold market outlook for 2026 received five institutional endorsements in one week. State Street, Goldman Sachs, the World Gold Council, UBS, and MKS PAMP published fresh analysis — and each concludes that the Q2 selloff altered the entry price, not the long-term thesis. What Does State Street Think the Floor for … Read more

Key Takeaways A premium is not a markup on the metal itself. It represents the real costs to turn raw metal into a finished coin or bar you can hold: refining, minting, insurance, shipping, and the dealer’s margin for inventory and risk. Typical premiums vary by product: a 1 oz gold bar often carries a … Read more

The unemployment rate fell to 4.2% in June, but the headline improvement masks an important detail: the labor force participation rate declined to 61.5%, its lowest level since March 2021. In other words, the drop in the unemployment rate was driven more by fewer people actively looking for work than by a surge in hiring. … Read more

Key Takeaways Allocated gold storage registers a specific bar or coin to your account or lot, keeps it separate from the storage provider’s balance sheet, and allows you to demand physical delivery. It is direct legal ownership, not a pooled claim. Most retail gold investment flows through ETFs and pooled structures that do not guarantee … Read more

Why is gold up today? On Wednesday, gold climbed back above $4,100 per ounce, rising about 1.65% to roughly $4,074.65 by mid‑day Eastern Time, with an intraday high near $4,115. Silver moved even faster, gaining nearly 2.9% to about $60.18. Those moves were not driven by a single explosive headline. Instead, the market reacted to … Read more

Key Takeaways The IRS classifies physical gold, silver, and many physically backed metal ETFs as “collectibles.” Long-term gains on collectibles are taxed at a maximum federal rate of 28%, not the typical 15–20% long-term capital gains rate that applies to most stocks. Gold mining stocks and ETFs that hold mining equities or futures are not … Read more