This week the World Gold Council addressed a question that occasionally surfaces: will the world eventually run out of gold? Given how often we hear how scarce gold is, it is probably a reasonable question. Mining production reached another record recently, yet the industry faces rising costs, increasingly complex permitting processes and the growing difficulty […]
Gold prices are slightly weaker today, weighed down by a stronger U.S. dollar and rising Treasury yields. Despite escalating tensions in the Middle East and ongoing strikes involving Iran, safe-haven demand has not translated into a sustained rally in precious metals. Instead, investors have moved rapidly into the dollar and U.S. government bonds. Markets are […]
Gold and silver have moved sharply higher again today as the war in the Middle East continues to unfold. Markets are reacting to the uncertainty. Traders are trying to price what happens next in a conflict that remains extremely fluid and worrying. Even while some officials suggest the war could end soon, military leaders are […]