Gold/USD

A former CIA officer who allegedly stole $40 million in gold bars from the government and stashed it at his home in Virginia was ordered detained at a court hearing Friday after a federal judge sided with prosecutors who argued the “master manipulator” posed a severe risk of flight. David Rush, who worked for 17 years at the agency, has already been held ...

Three men were each sentenced to 47 months in prison on Friday for the theft of an ornate Romanian gold helmet and bracelets in a raid on a Dutch museum. The Northern Netherlands District Court said the three men, whose identities were not released in line with privacy rules, warranted a custodial sentence “because of the nature and gravity” of their crime. ...

For much of 2026, one of the biggest concerns hanging over the gold market was the possibility that central banks had quietly shifted from buyers to sellers. Rising geopolitical tensions, a stronger U.S. dollar, higher real interest rates, and concerns surrounding Middle Eastern reserve management all fueled speculation that official-sector gold ...

After the local Islamic State affiliate attacked his farm, Mumbere Saidi fled to the gold mines in northeastern Democratic Republic of Congo, trekking 200 miles across one of Africa’s most dangerous war zones. He found backbreaking work in a remote mining town where he panned for gold. When times were good, Mr. Saidi, 27, sent a few dollars back to the ...

The intermediate-term correction in precious metals is getting long in the tooth—but it is not over yet. We are finally seeing the kind of cleansing you want to see after a major breakout: sentiment has cooled, positioning has washed out, and participation has thinned. But when you line up the historical analogs and drill into breadth, the message is clear: ...

The May jobs report is strong, with non-farm payrolls rising 172k versus the 88k consensus expectation, plus there were 93k upward revisions to the past two months’ data. Private payrolls are up 120k versus 89k expected, while government added 52k. Meanwhile, the unemployment rate remained at 4.3% and wage growth slowed to 3.4% from 3.6%. The breakdown ...

With a great Jobs Report, like just announced, stocks should go up, not down. That’s the way it was for 200 years. Growth does not mean inflation! How else can a Country attain GREATNESS??? President DJT

FED'S HAMMACK SAYS ACTION ON INTEREST RATES COULD BE NECESSARY SOON. HAMMACK SAYS JOBS REPORT SHOWS LABOR MARKET IS ESSENTIALLY BALANCED. Fed's Hammack: It's reasonable to keep rates steady for now but if recent trends continue, it may soon be appropriate to act against high inflation. Cleveland Fed President Beth Hammack updates and restates her view from a few days ago: It's fine to leave rates where they are today but "if recent trends continue, it may soon be appropriate to act." [Translator key: Appropriate to act = raise rates]

WH Sr. Adviser Hassett: The Fed shouldn't hike, and will have room to cut. HASSETT SAYS THE FED CAN MONITOR INFLATION AND DELAY ACTION. HASSETT: FED HAS BEEN BEHIND THE CURVE, PLENTY OF ROOM FOR CUT

Federal Reserve officials' waning concern about the job market, so intense at the start of the year that it supported calls by many of them for interest rate cuts, will be tested on Friday with new data that also frames the opening debate of Kevin Warsh's term as head of the U.S. central bank. Economists polled by Reuters expect U.S. employers created ...