Latest Precious Metal News

February 8, 2024

Where are the stop orders located? On Thursday, February 8, in the gold and silver markets.
Stop orders in trading markets serve three primary purposes: First, to minimize losses on a long or short position (protective stop). Second, to safeguard profits on an existing long or short position (protective stop). Third, to initiate a new long or short position.
Read now
February 8, 2024

Bank of America CEO Brian Moynihan emphasizes the urgency of addressing America's $34 trillion national debt,
Wall Street has officially shifted its attention to the government's staggering national debt, as indicated by JPMorgan's Jamie Dimon
Read now
February 2, 2024

Silver Breaks, Sustained Uptrend - Signals are Bullish
Silver's forceful breakout, surpassing crucial levels, paves the way for a possible prolonged rally. The emergence of a weekly bullish hammer lends credence to the optimistic outlook, suggesting a compelling upward trajectory.

Read now
February 2, 2024

No rush for rate cuts - Fed (Silver Price declines toward $22.70)
As the Federal Reserve dismisses expectations of March rate cuts, silver prices (XAG/USD) face a sell-off and drop to a weekly low near $22.70. While the Fed left interest rates unchanged within the anticipated range of 5.25-5.50%
Read now
February 2, 2024

mBridge CBDC Platform gets first digital dirham transfer from UAE by way of

On January 29, the central bank of the United Arab Emirates (UAE) executed its first cross-border digital dirham transfer utilizing the mBridge central bank digital currency (CBDC) platform.

Read now
January 31, 2024

A good investment.... are 1-ounce of gold coins?
For centuries, gold has been a prized investment due to its finite supply and substantial demand, making it one of the most traded assets globally. Beyond its traditional role, gold offers unique benefits to investors, prompting consideration for inclusion in diverse portfolios.
Read now
January 31, 2024

Some States initiate proposal on reducing taxes on precious metals
Residents of Georgia, Kentucky, Wisconsin, and Kansas may soon experience reduced taxes on precious metals if newly introduced pro-metal legislation becomes law in 2024.
Read now
January 31, 2024

The period of US dollar supremacy has come to an end, declares a seasoned Wall Street veteran who recently concluded a 54-year career.
The dominance of the US dollar in global finance and trade, a stronghold established since World War II, is perceived to be on the brink of decline, according to Dick Bove
Read now
January 31, 2024

Russia has pledged to pursue de-dollarization initiatives throughout its chairmanship of BRICS in 2024.
Russia has emphasized that prioritizing the abandonment of the US Dollar is the foremost objective for 2024
Read now