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Gold

All articles tagged with #gold

Forced sovereign liquidations could ignite gold’s next long-term bull run, says SPI's Innes
business15 hours ago

Forced sovereign liquidations could ignite gold’s next long-term bull run, says SPI's Innes

SPI Asset Management’s Stephen Innes argues the gold selloff was a liquidity crisis driven by forced sovereign sales amid the oil shock, not a collapse in demand. As inflation cools and growth slows, central banks may ease policy, potentially setting up a new long-term gold bull run with gold serving as monetary insurance in a fractured, underinvested global economy—an outlook reinforced by China’s reserve diversification strategy.

Trump’s Golden Phone Flops in Media Reviews
politics18 hours ago

Trump’s Golden Phone Flops in Media Reviews

The long-awaited Trump Mobile T1 gold phone, priced around $500, has been sent to media for review and drawn harsh verdicts: it looks nothing like the advertised design, features a smaller screen than promised, and its marketing claims (Made in America) have shifted to “designed with American values.” Reviewers question the device’s internal hardware, software updates, and whether customers who pre-ordered will actually receive a product, noting inconsistencies like an 11-stripe American flag on the back and uncertainty about shipping timelines.

Gold’s Surface Pattern Dictates Oxygen Activation, Explaining Inertia in Bulk and Reactivity in Nanoparticles
science4 days ago

Gold’s Surface Pattern Dictates Oxygen Activation, Explaining Inertia in Bulk and Reactivity in Nanoparticles

Computational study shows that gold’s surface atom arrangement governs its ability to activate oxygen: tightly packed reconstructed surfaces block O2 from splitting, keeping bulk gold inert, while looser unreconstructed square-like surfaces allow oxygen dissociation, enabling nanoparticle-catalyzed oxidation and suggesting new ways to design gold-based catalysts that balance durability with reactivity.

commodities8 days ago

JPMorgan trims gold outlook on cooler demand, eyes second-half rebound

JPMorgan cut its 2026 gold price forecast to $5,243/oz from $5,708 due to softer near-term demand, but keeps a bullish longer-term view with a year-end target around $6,000/oz; the pullback is seen as a pause, with demand expected to reaccelerate in H2 as inflation tail risks ease after potential Iran-related D/E developments and a possible Strait of Hormuz reopening. The bank also trimmed its 2026 central-bank purchases to 640 tonnes and ETF inflows to about 400 tonnes, while warning that a strong U.S. jobs market and higher inflation could prompt Fed rate hikes and ETF outflows. Gold remains range-bound near $4,340–$4,730, with catalysts including geopolitical developments and policy signals shaping the path to a recovery.

Barrick Shines in Q1 2026 with Gold Output Beat, Cash Flow Jump and Big Buyback Ahead of IPO
business15 days ago

Barrick Shines in Q1 2026 with Gold Output Beat, Cash Flow Jump and Big Buyback Ahead of IPO

Barrick's Q1 2026 results show gold production of 719,000 oz (above the 640,000–680,000 oz guidance) and copper 49,000 t, driving operating cash flow of $2.55B and attributable free cash flow of $1.21B; net earnings were $1.60B and adjusted $1.65B, with 2026 gold guidance unchanged at 2.90–3.25 Moz. The company also declared a quarterly dividend of $0.175 and authorized a $3.0B share buyback, while advancing growth projects (Fourmile, Lumwana) and pursuing a North American IPO planned for year-end.

Bond King Gundlach bets on cash and gold as 2026 rate cuts fade
business17 days ago

Bond King Gundlach bets on cash and gold as 2026 rate cuts fade

Jeff Gundlach, the 'Bond King' and DoubleLine Capital CIO, recommends a portfolio with about 20% cash and 20% real assets (including commodities and gold) as he expects no Fed rate cuts in 2026; he warns that stocks look pricey given upside risk to rates and advises avoiding risk assets until rate paths become clearer, noting gold could be bought aggressively if it falls below $3,500/oz and that gold trades around $4,750/oz today.

Giant Gold Trump Statue Stuns Miami Golf Course Ahead of G20 Summit
politics27 days ago

Giant Gold Trump Statue Stuns Miami Golf Course Ahead of G20 Summit

A 22-foot statue of Donald Trump, titled Don Colossus, now towers over Trump National Doral in Miami—a 15-foot bronze figure coated in gold leaf on a seven-foot pedestal. Sculpted by Alan Cottrill for about $360,000, the golden pose mirrors Trump’s rally moment after a 2024 shooting. The statue has drawn mixed reactions, with some tour staff declining photos, underscoring ongoing debates about Trump’s vanity projects as the Cadillac Championship arrives and a G20 summit looms.

Red-state bills push gold and silver as usable currency
economy1 month ago

Red-state bills push gold and silver as usable currency

Some red-state lawmakers are proposing laws to let people pay with gold and silver and to set up gold stockpiles, arguing it could hedge inflation; Georgia drafted such a bill, Utah already allows some gold-related measures, and similar efforts have surfaced in Arizona, Oklahoma, and Iowa. Proponents say it simply adds payment options, not a replacement for dollars, while critics note gold’s price volatility and that it is not true money.