Prices for gold and silver both went back up to $5,000 an ounce on Wednesday. This was after a 6.8% drop earlier in the week, which was caused by rising oil prices after “tough” ceasefire talks between Russia and Ukraine ended early and “progress” was made in US talks with Iran but no deal. Tomorrow, Russia and Iran will hold a naval exercise together in the Gulf of Oman and the northern Indian Ocean. The goal is to “strengthen coordination” between their troops. In the meantime, US President Donald Trump will hold the first meeting of his so-called “Board of…
Author: Jordan Belfort
Gold has done better than silver and the PGMs, which shows that institutions are more committed to the yellow metal. However, Ross Norman, CEO of Metals Daily, says that the whole precious metals complex is still responding more to speculative flows than to fundamental reasons. Norman recently did an analysis that showed that the prices of precious metals were once again following the usual pattern of going up the “stairs” slowly and then quickly going down. “January saw dramatic rallies and record highs across the complex. February, on the other hand, saw sharp corrections, partial recoveries, momentum loss, and then…
The metals market has been a sharp warning that things don’t always go up and down. Even though buyers in precious metals are still getting over last month’s blow, one mining executive said that the market’s fundamentals are still strong. “Even though prices are changing, the world will still need more copper, and gold is still a safe investment,” Warwick Smith, CEO of American Pacific Mining, told Kitco News. “Things never just go up.” The long-term picture doesn’t change, though. The mining industry gained a lot of speed when gold prices went through a rapid rise from the second half of…
As of Monday morning, gold prices have been unable to hold gains above $5,000 an ounce. This is because most markets are closed for the start of the new business week. Gold prices rose to a session high of around $5,032 an ounce overnight, but they weren’t able to keep going up because Chinese markets were closed for the week to celebrate the Lunar New Year. Since its overnight highs, there has been steady but quiet selling pressure on the valuable metal. Analysts don’t think there will be any big changes on Monday because it is Presidents’ Day and U.S.…
Highlights Gold holds higher value because scarcity, preserved above ground supply, and limited annual production create structural price strength compared to silver. Central banks accumulate gold as a reserve asset, which increases sovereign demand and reinforces long term monetary credibility. Silver depends heavily on industrial demand such as electronics and solar energy, which increases volatility during economic slowdowns. Gold functions primarily as a store of value and inflation hedge, while silver operates as both industrial commodity and investment asset. Market psychology strengthens gold’s premium because investors associate gold with safety, stability, and wealth preservation. The gold to silver ratio reflects…
Yes, you can mix silver and gold jewelry, and modern fashion aesthetics not only allow the combination but actively encourage strategic layering of contrasting metal tones. Gold jewelry provides warmth and luminosity, while silver jewelry delivers cool sophistication and reflective neutrality. When combined intentionally, silver and gold jewelry create visual depth, balance, and contemporary elegance. Successful mixing depends on metal undertones, skin tone compatibility, jewelry proportions, design cohesion, and styling structure. Why Does Mixing Silver and Gold Jewelry Work in Modern Fashion? Mixing silver and gold jewelry works because contrast generates visual interest, and contrast strengthens aesthetic harmony when guided…
Friday, the prices of gold and silver fell because President Trump nominated Kevin Warsh to be the next chair of the Federal Reserve. This seemed to calm worries about the independence of the central bank and send the dollar skyrocketing. With an ounce of silver worth $83.45, it was down 28% from the day’s high. Silver prices fell 31.4% and ended the day at $78.53. This was the worst day for them since March 1980. The sharp drops started when news came out that Warsh had been nominated. But in the afternoon U.S. trading, they picked up speed as buyers…
As a result of a broad selloff that affected many asset classes Thursday morning, precious metals saw sharp drops. Analysts believe this was due to forced liquidation rather than fundamental reasons. Gold dropped $163, or 3.21%, to $4,921, and silver fell $9, or 10.73%, to $75.22. Between 11 a.m. and 11:30 a.m. EST, prices fell sharply, the most in a single day since January 29, when gold lost almost $500 and silver lost 26% of its value. Companies like Nvidia and Alphabet were already losing value as early as 9:00 a.m. EST, which is where the selloff started in the…
GOLD and SILVER prices became less volatile on Tuesday after undoing one-half and one-fourth of last week’s historic price drops, respectively. This came after prices surged to multi-year highs. Gold’s price closed today with a range of less than $70 between its high and low points above $5,000 an ounce. This was the narrowest range seen during the week since Monday, January 19. In the meantime, silver went from a high of $80 an ounce to a low of $2.40 an ounce above that price. It was trading in its narrowest Dollar range since Christmas Day, but it still went…
GOLD and SILVER fell at the start of trade in New York on Wednesday. One major US bank said that they were risking a “bubble,” and the drop undid the day’s strong gains after the US jobs report in January ended a string of bad data from the world’s largest economy. A week ago, the Dollar hit a one-week low on the DXY index against other rich-economy currencies. It then jumped back up almost ¥0.1 against the Chinese Yuan after the Bureau of Labor Statistics reported that non-farm payrolls added almost twice as many jobs as analysts had predicted last…
