Most investors encounter gold and TIPS (Treasury Inflation-Protected Securities) in different corners of the market: gold via advocates of sound money, and TIPS through fixed-income desks. Rarely are they compared directly, even though both can serve a similar role in a portfolio: protecting purchasing power. Because they respond to inflation in very different ways, understanding … Read more
Gold is quoted at $4,152 this morning, down roughly $57 from Thursday’s open, while silver sits near $64.72, about $1 lower. If you’re drawing big conclusions from those figures, pause. The US market is closed today for Juneteenth. The New York Stock Exchange, Nasdaq, US Treasury markets, and major settlement systems are not operating. Regular … Read more
Key Takeaways Solar PV silver demand fell 19% in 2026 to roughly 151 million ounces — the largest single-year reduction on record (World Silver Survey 2026) Despite that reduction, the global silver market is heading for its sixth consecutive annual supply deficit, widening to 46.3 million ounces from 40.3 million in 2025 The deficit is … Read more
Silver opened the New York session at $67.94 and climbed to an intraday high of $69.85, a gain of roughly 2.8%, as markets digested news of the Iran peace agreement. That development lowered oil prices and pushed down near-term inflation expectations — which, in turn, reduced the probability of aggressive Fed tightening. For a time … Read more
Key Takeaways The gold/silver ratio dropped from about 85:1 in late February to roughly 64:1 today — a compression of roughly 21 points in five weeks. In every major precious metals bull market since 1980, a compression from elevated ratio levels has preceded periods when silver significantly outperformed gold. At roughly 64:1 the ratio sits … Read more
Key Takeaways Barclays’ gold forecast remains $4,791 per ounce for 2026 and $4,900 for 2027, unchanged despite a roughly 26% correction; the bank attributes the decline to temporary factors rather than a structural shift (Barclays cross-asset research, June 16, 2026). The bank’s fair-value model places gold at about $4,150/oz; market prices near $4,220 sit just … Read more
Seventy-six central banks responded to the World Gold Council’s 2026 survey, explaining why they hold gold and how they set their allocations. The World Gold Council’s Central Bank Gold Reserves Survey 2026 collected answers from 76 institutions, a 51% response rate. A record 45% of respondents say they plan to raise their gold allocation over … Read more
In today’s update: The 2026 gold outlook looks different than the headlines imply — a record 45% of central banks plan to add gold, Barclays maintains its $4,900 target, and CPM Group says the structural drivers remain intact. Five institutional reports released within the past 72 hours — from the World Gold Council, Barclays, CPM … Read more
At his first Federal Open Market Committee meeting on June 17, 2026, Federal Reserve Chair Kevin Warsh ended the central bank’s long-standing forward guidance practice and declined to publish the familiar dot-plot projections. Markets had not seen a move like this since the crisis era of 2008. The immediate market response was sharp: paper gold … Read more
Gold is trading at $4,322 per ounce today and barely moved on the Federal Reserve’s announcement. That calm is the main takeaway. On Wednesday the Fed left its policy rate unchanged at 3.50%–3.75%. Markets were virtually certain of that outcome: futures priced the hold at about 97% going into the meeting. What mattered more for … Read more