Bullion Blog

<p>Central bank gold buying has surged in recent years. Net central bank gold purchases rose from an average of 473 tonnes between 2010 and 2021 to nearly 1,000 tonnes over the last four years.</p> <p>Emerging market central banks have dominated gold buying, driving the surge in gold reserves, but a developed economy central bank recently […]

<p>Various factors are converging, which suggest that the Precious Metals sector is about to break out into a major new uptrend, and it looks like we have waited long enough.</p> <div x-data=" item_id: undefined, view: null " x-html="view || 'Product-Random-Featured'" x-init="view = await (await fetch('/shortcodes/product/random/featured?category=all')).text()">!!–Product-Random-Featured-All–!!</div> <p>One factor that has deterred us somewhat has been the

<p>The <a href="https://www.moneymetals.com/gold-price&quot;>gold price</a> during a recession has usually gone up. In the 1973&ndash;75 downturn, gold rose 83% while stocks fell 18%. In 2020, gold finished the year up about 25% higher than it was prior to the COVID lockdowns.</p> <p>But the record is not perfect. In 2008, gold dropped nearly 30% before it recovered.

<p>Various factors are converging, which suggest that the Precious Metals sector is about to break out into a major new uptrend, and it looks like we have waited long enough.</p> <div x-data=" item_id: undefined, view: null " x-html="view || 'Product-Random-Featured'" x-init="view = await (await fetch('/shortcodes/product/random/featured?category=all')).text()">!!–Product-Random-Featured-All–!!</div> <p>One factor that has deterred us somewhat has been the

<p>Gold flows into ETFs flipped positive globally in July. After two consecutive months of outflows, every region reported positive flows of metal into gold-backed funds in July.</p> <p>With Europe leading the way, gold ETFs reported net gold inflows of 23.5 tonnes in July, valued at $3 billion.</p> <p>Assets under management (AUM) by gold-backed funds rose

<p>Central bank gold buying has surged in recent years. Net central bank gold purchases rose from an average of 473 tonnes between 2010 and 2021 to nearly 1,000 tonnes over the last four years.</p> <p>Emerging market central banks have dominated gold buying, driving the surge in gold reserves, but a developed economy central bank recently

<p><span style="font-weight: 400;">Federal Reserve Chairman </span><a href="https://share.google/jKuVxYtOXrl7jQMAH&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">Kevin Warsh</span></a><span style="font-weight: 400;"> continues to project a tough stance on inflation, repeatedly promising to restore price stability and keep inflation anchored at the central bank's longstanding 2% target. But according to Mike Maharrey in this week's Money Metals Midweek Memo, markets are beginning to

<p><span style="font-weight: 400;">Federal Reserve Chairman </span><a href="https://share.google/jKuVxYtOXrl7jQMAH&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">Kevin Warsh</span></a><span style="font-weight: 400;"> continues to project a tough stance on inflation, repeatedly promising to restore price stability and keep inflation anchored at the central bank's longstanding 2% target. But according to Mike Maharrey in this week's Money Metals Midweek Memo, markets are beginning to

Westward Gold Inc. (WG:CSE; WGLIF:OTC; IM50:FSE) recently unveiled its most significant gold assays to date. The firm is searching for another Carlin-type deposit in a Nevada region encircled by massive deposits such as Cortez Hills, situated 10 km away and containing 5.5 million ounces of gold. The Cortez Mine complex in its entirety boasts a gold

Royal Gold Inc. (RGLD:NASDAQ) reported preliminary streaming and royalty revenue, more or less in line with expectations, and on its way to achieving annual guidance. Royal also bought back $30 million of stock and repaid $200 million of debt, leaving $400 million drawn on its debt facility. Buy. Altius Minerals Corp. (ALS:TSX) said it expected

View Important Disclosures for this Article Close Important Disclosures: Aztec Minerals Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.  As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities

Endeavour Silver Reports 149% Revenue Surge in Q2 2026 Source: Streetwise Reports (08/05/2026) Endeavour Silver (EXK) posted strong Q2 2026 results with 31% higher silver output and US$212.1 million revenue. See production details, mine updates, analyst targets, and guidance. read more > Yukon Gold Explorer Completes 7,000 Meters of 2026 Drilling Source: Streetwise Reports (08/04/2026)

Endeavour Silver Corp. (EDR:TSX; EXK:NYSE; EJD:FSE) reported higher production, revenue, and mine operating cash flow for the second quarter of 2026, alongside increased throughput at Kolpa and continued ramp-up activity at Terronera. Precious Metals Sector Faces Rate Pressure Yet Shows Renewed Demand Precious metals markets have navigated volatility from shifting Federal Reserve expectations, rising real

AngloGold Ashanti Ltd. (AU:NYSE; ANG:JSE; AGG:ASX; AGD:LSE) said second-quarter 2026 free cash flow rose 36% year over year to US$727 million, strengthening its balance sheet, supporting higher shareholder returns, and prompting the company to reaffirm its 2026 production and financial guidance, according to a July 31 release. Chief Executive Officer Alberto Calderon said the results

<p>How often does the <a href="https://www.moneymetals.com/gold-price&quot;>gold price</a> change? Almost constantly.</p> <p>The spot price of gold updates every few seconds during market hours. The market runs for roughly 23 hours a day, five days a week, from Sunday evening through Friday afternoon.</p> <p>Newcomers to this market can find that pace intimidating. It feels like the ground

<p>A Vote of No Confidence! Are the Markets Losing Faith in the Fed's Inflation Fight?</p> <p>Federal Reserve Chairman Kevin Warsh and his minions are talking tough on inflation. But they haven't done anything.</p> <p>At the July Fed meeting, the central bank elected to hold rates steady for the sixth time, despite price inflation remaining persistently

<p>How often does the <a href="https://www.moneymetals.com/gold-price&quot;>gold price</a> change? Almost constantly.</p> <p>The spot price of gold updates every few seconds during market hours. The market runs for roughly 23 hours a day, five days a week, from Sunday evening through Friday afternoon.</p> <p>Newcomers to this market can find that pace intimidating. It feels like the ground

<p>A Vote of No Confidence! Are the Markets Losing Faith in the Fed's Inflation Fight?</p> <p>Federal Reserve Chairman Kevin Warsh and his minions are talking tough on inflation. But they haven't done anything.</p> <p>At the July Fed meeting, the central bank elected to hold rates steady for the sixth time, despite price inflation remaining persistently

Yukon Gold Explorer Completes 7,000 Meters of 2026 Drilling Source: Streetwise Reports (08/04/2026) White Gold advances its fully financed Yukon program with 18 holes completed. Investors review resource growth targets at Golden Saddle and three other deposits plus a pending PEA. read more > Allied Gold Lands US$295M Zijin Gold Investment After Takeover Ends Source:

White Gold Corp. (WGO:TSX.V; WHGOF:OTCQX; 29W:FRA) provided an update on its fully financed 2026 exploration program across its land package in the White Gold district of Yukon, Canada, reporting that 18 diamond drill holes totaling approximately 7,000 meters had been completed to date. Three drill rigs were operating as part of a program targeting 15,000

The silver sector is drawing fresh attention from retail investors as prices hold above key technical levels despite elevated interest rates. First Majestic Silver Corp. (AG:TSX; AG:NYSE; FMV:FSE) delivered standout second-quarter results that illustrate how producers with strong operations and balance sheets can capture upside in the current environment. Why First Majestic Stands Out Now First

The tungsten sector is drawing renewed investor attention as supply constraints and defense demand push prices higher. Vault Strategic Mining Corp. (KNOX:TSXV; KNXFF:OTC; M85O:FWB) is advancing exploration at its War Bond Tungsten Project in Nevada with a new airborne survey designed to refine drill targets beneath cover. Why Investors Are Watching Tungsten Now Global demand for

The gold market has held near US$4,000 per ounce amid steady central bank buying and broader economic factors. Retail investors seeking exposure to this environment often look to advanced explorers with existing resources and active drill programs in stable jurisdictions. White Gold Corp. (WGO:TSX.V; WHGOF:OTCQX; 29W:FRA) operates in the White Gold district of Yukon, Canada.

Gold prices have held above US$4,050 per ounce amid geopolitical uncertainty and shifting expectations around U.S. monetary policy. Within this environment, Allied Gold Corp. (AAUC:TSX; AAUC:NYSE) announced the termination of its arrangement agreement with Zijin Gold International Company Ltd. alongside a new US$295 million strategic investment from the same partner. The termination of the larger

Vault Strategic Mining Corp. (KNOX:TSXV; KNXFF:OTC; M85O:FWB) announced that it engaged Pioneer Exploration Consultants Ltd. to conduct a previously announced high-resolution, UAV-based airborne magnetic survey at its War Bond Tungsten Project in Nevada. The project encompasses the historical War Bond, Tactite and Thursday tungsten mines. The planned survey will comprise approximately 70 line-kilometers of airborne

<p>It happens to every new gold investor. You go online and see the gold spot price: let&rsquo;s say it&rsquo;s around $4,081.65. Now, let&rsquo;s say the front-month COMEX futures contract is $4,103.80.</p> <p>It&rsquo;s for the same metal. You see the two figures at the same moment.</p> <p>And yet, the gold spot price vs futures price is

<p>Gold buying accelerated again in June as central banks took advantage of the softer price environment to add to their reserves.</p> <p>According to the latest data compiled by the World Gold Council, central banks globally added a net 51 tonnes of gold to their reserves in May. That was up from 41 tonnes in May</p>

<p>When we talk about inflation, we usually focus on the Consumer Price Index (CPI). However, the Federal Reserve&rsquo;s &ldquo;preferred&rdquo; inflation measure is the Personal Consumption Expenditure (PCE) index. What&rsquo;s the difference and why does the Fed prefer the PCE?</p> <p>The two price inflation measures rely on significantly different methodological approaches, and central bankers prefer the

<p>It happens to every new gold investor. You go online and see the gold spot price: let&rsquo;s say it&rsquo;s around $4,081.65. Now, let&rsquo;s say the front-month COMEX futures contract is $4,103.80.</p> <p>It&rsquo;s for the same metal. You see the two figures at the same moment.</p> <p>And yet, the gold spot price vs futures price is

<p>Gold buying accelerated again in June as central banks took advantage of the softer price environment to add to their reserves.</p> <p>According to the latest data compiled by the World Gold Council, central banks globally added a net 51 tonnes of gold to their reserves in May. That was up from 41 tonnes in May</p>

<p>When we talk about inflation, we usually focus on the Consumer Price Index (CPI). However, the Federal Reserve&rsquo;s &ldquo;preferred&rdquo; inflation measure is the Personal Consumption Expenditure (PCE) index. What&rsquo;s the difference and why does the Fed prefer the PCE?</p> <p>The two price inflation measures rely on significantly different methodological approaches, and central bankers prefer the

Tokenised gold has moved from a niche crypto product to an increasingly popular way to hold gold exposure, with PAX Gold (PAXG) and Tether Gold (XAUT) now among the most widely held gold-backed tokens on the market. BullionStar now accepts both directly as payment for physical gold, silver and platinum — a straightforward way to

Gold prices have remained resilient near or above the US$4,000-per-ounce level through late July, supported by ongoing central-bank interest and mixed monetary-policy signals. In this environment, developers with permitted projects and clear paths to construction stand out to investors seeking exposure to potential production growth. Lake Victoria Gold Ltd. (LVG:TSX.V; LVGLF:OTCQB; E1K:FSE) is advancing its

First Majestic Silver Corp. (AG:TSX; AG:NYSE; FMV:FSE) highlighted stronger second-quarter financial results, reporting higher revenue, earnings and free cash flow as improved precious metals prices and operating performance boosted profitability, according to a July 30 release. The company also announced an increased quarterly dividend for shareholders while ending the quarter with a record treasury balance.

Retail investors tracking gold developers are watching activity in Nevada, where Western Exploration Inc. (WEX:TSX.V; WEXPF:OTCQX) has begun preparations for a new drill program at its Doby George gold project. The move marks a shift from planning into active field execution at a time when gold prices remain sensitive to Federal Reserve policy decisions. Why

The Arabian-Nubian shield in Saudi Arabia hosts well-known volcanogenic massive sulphide (VMS) systems that can contain copper, zinc, gold, and silver. Retail investors tracking base and precious metals are watching companies that hold large land packages in this belt because demand for copper in data centers and defense applications continues to grow while gold prices

Retail investors tracking copper and precious metals are focusing on exploration activity in North Africa, where rising demand for copper from data centers, defense, and clean energy is drawing attention to early-stage projects. Morocco Strategic Minerals Corp. (MCC:TSXV; GNSMF:OTCMKTS) recently released assay results that highlight the potential of its holdings in the Western High Atlas

Sun Peak Metals Corp. (PEAK:TSX.V; SUNPF:OTCQB) is drilling areas of Saudi Arabia with significant polymetallic potential, grabbing the attention of precious metals investors. Key Takeaways Sun Peak Metals completed maiden diamond drilling at Safra Main and Halahila Main, its first two Saudi Arabian projects, with 23 holes totaling 3,764m (meters). A combined 961 drill

Lake Victoria Gold Ltd. (LVG:TSX.V; LVGLF:OTCQB; E1K:FSE) announced that its wholly owned Tanzanian subsidiary, Tembo Gold (T) Limited, would commence the Phase 3 land valuation and compensation program at the fully permitted Imwelo Gold Project in Chato District, Geita Region, on August 1, 2026. Phase 3 covered approximately 73 acres within Imwelo A Hamlet and

Western Exploration Inc. (WEX:TSX.V; WEXPF:OTCQX) has started preparations for a drilling campaign at its wholly owned Doby George gold project in the Aura district of northeastern Nevada, according to a July 28 release. Crews have begun site work, and the drill rig is expected to arrive during the week. The upcoming drilling will contribute to

Precious metals investors are watching Morocco Strategic Minerals Corp. (MCC:TSXV; GNSMF:OTCMKTS) after an announcement of new assay results. Key Takeaways Morocco Strategic Minerals returned assay results from first-phase sampling at its Ouneine and Ait Zekri projects in the Western High Atlas region. At Ouneine, 49 grab samples graded up to 14.88% copper and

Silver’s lower price tag compared to gold doesn’t make it any less of a target for counterfeiters. Plated coins, “sterling” jewellery stamped with false hallmarks, and bars misrepresented as fine silver all circulate in the market, and rising silver prices only add more incentive to pass off fakes as genuine. Stories of buyers discovering their

<p>Gold and silver prices started the week lower after a volatile end to July, as investors continued sorting through the crosscurrents of Federal Reserve policy, geopolitical tensions, and inflation expectations.</p> <div x-data=" item_id: undefined, view: null " x-html="view || 'Product-Random-Featured'" x-init="view = await (await fetch('/shortcodes/product/random/featured?category=1')).text()">!!–Product-Random-Featured-1–!!</div> <p>The biggest story remains last week's Federal Reserve meeting. While

<p>No single authority sets the price of gold.</p> <p>Not a government.</p> <p>Not a central bank.</p> <p>Not the Federal Reserve.</p> <p>Instead, the price moves continuously throughout market hours as banks and bullion dealers around the world quote each other prices to buy and sell.</p> <p>Two numbers are actually set on purpose. The LBMA Gold Price is

<p>Gold and silver prices started the week lower after a volatile end to July, as investors continued sorting through the crosscurrents of Federal Reserve policy, geopolitical tensions, and inflation expectations.</p> <div x-data=" item_id: undefined, view: null " x-html="view || 'Product-Random-Featured'" x-init="view = await (await fetch('/shortcodes/product/random/featured?category=1')).text()">!!–Product-Random-Featured-1–!!</div> <p>The biggest story remains last week's Federal Reserve meeting. While

<p>In another move that could speed up <a href="https://www.moneymetals.com/news/2025/03/11/de-dollarization-gold-and-a-shift-to-a-multipolar-world-003898&quot;>de-dollarization</a>, China is set to launch a payment system using digital currency.</p> <p>According to the <em>Financial Times</em>, the move could &ldquo;<em>reshape cross-border transactions, reduce reliance on the dollar, and draw Beijing closer to its &lsquo;Belt and Road&rsquo; trading partners.</em>&rdquo;</p> <p>People familiar with the matter told the <em>Times</em>

<p>If you have a choice between believing the audio or the video, believe the video.</p> <p>In other words, trust what you see if it&rsquo;s different than what you hear.</p> <p>Since Kevin Warsh stepped into his new role as chairman of the Federal Reserve, he&rsquo;s been talking tough, insisting the central bank will not tolerate price

<p>In another move that could speed up <a href="https://www.moneymetals.com/news/2025/03/11/de-dollarization-gold-and-a-shift-to-a-multipolar-world-003898&quot;>de-dollarization</a>, China is set to launch a payment system using digital currency.</p> <p>According to the <em>Financial Times</em>, the move could &ldquo;<em>reshape cross-border transactions, reduce reliance on the dollar, and draw Beijing closer to its &lsquo;Belt and Road&rsquo; trading partners.</em>&rdquo;</p> <p>People familiar with the matter told the <em>Times</em>

<p>If you have a choice between believing the audio or the video, believe the video.</p> <p>In other words, trust what you see if it&rsquo;s different than what you hear.</p> <p>Since Kevin Warsh stepped into his new role as chairman of the Federal Reserve, he&rsquo;s been talking tough, insisting the central bank will not tolerate price

<p><span style="font-weight: 400;">Despite months of sideways trading, </span><a href="https://share.google/ax0aVIyS3iJc4aBvX&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">Frank E. Holmes</span></a><span style="font-weight: 400;"> believes the gold bull market is alive and well. During a wide-ranging conversation with Money Metals' Mike Maharrey, the executive chairman of </span><a href="https://www.hivedigitaltechnologies.com/&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">HIVE Digital Technologies</span></a><span style="font-weight: 400;"> and CEO and Chief Investment Officer