Switzerland has recently come under fire for continuing to import illegal gold from Venezuela and the Amazon Basin
Gold futures continue on a downward spiral amid persistent monetary tightening. What is the forecast for gold futures? Read on.
The XME has dropped more than 22% since the end of June subdued by softening global demand and high interest rates
The S&P 500/gold ratio is a useful barometer for assessing risk appetite in financial markets. A sharp slowdown in the US economy could send the ratio lower in the coming months.
Global commodities had mixed performances this week. Metals have been aided by a dollar weakening, while energy suffered recent political developments.
The VanEck Gold Miners ETF (GDX) has fallen about 45% since April 2022, pressured by lower gold prices
Gold and the US dollar have historically had strong starts to the year. The precious metal's average return in January was 1.6%, while the US dollar rose by 1%.
Russia has recently proposed the establishment of a new precious metals exchange, the Moscow World Standard
Pre-Covid structural issues have been accelerated by global inflation pressures
Market pricing of future Fed interest rate cuts is a positive catalyst for precious metals such as gold and silver. However, the final answer is determined by the inflation trend.
According to Peter Schiff, precious metals would be the best inflation hedge for investors. This thesis was supported by historical analysis.
Capital.com's study shows that the current commodities supercycle has already provided returns comparable to the mature periods of the preceding supercycle.