Russia's Golden Milestone: Reserves Surpass $200 Billion Mark
Russia’s gold reserves have hit a historic milestone, surpassing $200 billion for the first time. In October, the country’s gold holdings reached $207.7 billion, representing 32.9% of its total international reserves. This marks the highest proportion of gold in Russia’s reserves since November 1999.
Trump Victory Sparks Dollar Rally, Pushing Gold to 7-Week Low
Gold prices have fallen to a seven-week low as the US dollar strengthens following Donald Trump’s election victory. The precious metal has declined about 5.5% since the election, driven by a combination of factors including hedge fund position adjustments, shifting ETF flows, and technical selling. Despite this recent drop, gold remains up over 25% for […]
Record-Breaking Outflows Hit Gold ETFs After Trump's Election
The world’s largest gold-backed ETF, SPDR Gold Shares (GLD), experienced its biggest weekly outflow in over two years following Donald Trump’s election victory. Investors, who had previously sought safety in gold due to election uncertainty, sold their positions to book profits after the definitive outcome. The outflow exceeded $1 billion, while spot gold prices fell […]
Could Silver Go Extinct ?
The election of the new president of the U.S. now calls for the insights on Tariffs & Trade while Central banks are also accumulating Gold as value is being determined, pertaining to Gold & Silver. For more information call 1.855.906.6381 or visit https://guildhallwealth.com/ Read More
Hedging Against Uncertainty: The Rise of Gold and Silver in Election Year
In his latest analysis, Mike Maharrey contends that the real winners of the 2024 election are gold and silver. He points out that despite changing administrations, trends of expanding government and rising debt persist. Maharrey emphasizes the strong performance of precious metals, with gold setting 39 all-time highs and both gold and silver outpacing major […]
Gold Retreats as Markets Digest Fed Decision and Trump's Economic Vision
Gold prices experienced a volatile week, ending with a decline as investors evaluated the Federal Reserve’s interest rate decision and Donald Trump’s election victory. The Fed’s 25 basis point rate cut initially boosted gold, but uncertainty about future cuts and expectations of Trump’s economic policies led to a strengthening dollar, putting pressure on the precious […]
Trump, Gold & Bitcoin: How the "Allies in Freedom" Are Shaping a New Era | Mike Maloney
In this video, Mike Maloney and Allan Hibbard dive into the significance of cryptocurrencies and precious metals as “allies in freedom”
CME CEO, 'Gold Trades have Tripled Today'
According to CME CEO, Terry Duffy, trading activity for gold has increased significantly following the recent election. This surge in trading volume suggests heightened investor interest and market volatility surrounding gold in response to the election outcome. The dramatic increase in gold trades likely reflects investors adjusting their portfolios and hedging strategies in light of […]
Fed Cuts Rates Amid Uncertain Economic Landscape Following Trump's Win
The Federal Reserve is expected to cut interest rates by a quarter percentage point on Thursday, following Donald Trump’s election victory. This decision comes amid a changing economic landscape, as Trump’s proposed policies on tariffs, taxes, and immigration could significantly impact growth and inflation. The Fed now faces the challenge of navigating these potential changes […]
Bank of England Cuts Rates, Warns of Inflation Pressures Ahead
The Bank of England has cut interest rates to 4.75%, with expectations of gradual further reductions. However, the recent UK budget and Donald Trump’s election victory are likely to increase inflationary pressures, potentially slowing the pace of future rate cuts. This marks a shift from the post-2008 era of deflation concerns to a higher interest […]