Key Takeaways Gold traded near $4,038 per ounce as of July 13, 2026 — roughly 28% below its January all-time high — amid elevated US inflation and stronger Fed rate-hike expectations. The World Gold Council’s valuation framework places gold’s fair value near $4,100 per ounce, with a ±5% tolerance band; the base case for H2 … Read more

Silver is unique among major financial assets because a large portion of what is mined is consumed by industry. Roughly 58% of every ounce produced goes directly into solar panels, semiconductors, and electric vehicle motors before investors ever see it. This industrial demand profile is the strongest long-term argument for silver’s value. That same structure … Read more

Key Takeaways Only about 26–28% of the silver mined globally each year is produced by primary silver mines that exist specifically to extract silver. The majority is recovered as a byproduct of copper, lead, zinc, and gold operations. Because most silver supply is tied to the economics of other metals, higher silver prices do not … Read more

This morning, President Trump posted on Truth Social announcing that the United States would act as the “GUARDIAN OF THE HORMUZ STRAIT” and that every cargo ship transiting the passage would pay a 20% levy. Gold had already fallen sharply earlier in the session after airstrike headlines, and it dropped another $40 within twenty minutes … Read more

HSBC (The Hongkong and Shanghai Banking Corporation) revised its gold price outlook on July 9, cutting its 2026 average forecast by $304 per ounce while leaving its year-end target unchanged. That contrast — a lower average but an intact year-end projection — reveals more about the bank’s view of gold markets in 2026 than the … Read more

Key Takeaways Gold moves within four overlapping cycles: multi-decade structural waves (40–60 years), a medium-term monetary cycle (~16 years), the business cycle (7–8 years), and a repeatable annual seasonal pattern. Three quantitative frameworks — the Real Yield Model, the M2 Money Model, and the Dow/Gold ratio — give the clearest perspective on where any gold … Read more

Key Takeaways Gold reached an all-time high of $5,589.38 in January 2026 and then retraced about 26% over the following months. This size of drawdown is well within the historical range for mid-cycle corrections during bull markets. An unrealized loss remains unrealized until you sell; paper losses can feel real but are not final. You … Read more

Gold is trading near $4,103 an ounce today, down roughly half a percent on the day and about 1.2% on the week. Much of the mainstream financial press is framing recent moves through a tech-sector lens: New York Federal Reserve President John Williams said on Thursday that demand driven by artificial intelligence is now his … Read more

Every escalation involving Iran in 2026 has pushed oil prices higher, brought inflation concerns back into focus, and—counterintuitively—put downward pressure on gold. Today’s developments confirm that same pattern. On July 10, 2026, President Trump posted on Truth Social that the United States would continue talks with Iran but declared the ceasefire “OVER.” U.S. forces carried … Read more

Monday morning brings two decisive events that are likely to shape the gold price outlook for the remainder of 2026. First, the June Consumer Price Index (CPI) is released at 8:30 AM ET on July 14 by the Bureau of Labor Statistics. Ninety minutes later, Federal Reserve Chair Kevin Warsh will testify before the House … Read more