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Latest Stories for Gold/USD
From thehill.com | 12 min ago
Two Senate Democrats on Thursday called on the Trump administration to stop the production of a 24-karat gold coin bearing President Trumps image to commemorate Americas 250th birthday, with the lawmakers expressing concerns that some of the gold used by U.S. Mint could be traced to foreign cartels. Sens. Elizabeth Warren (D-Mass.) and Ron Wyden (D-Ore.) ...
From cbsnews.com | 4 hr ago
A rare gold Roman ring from more than 1,700 years ago depicting Victoria, the goddess of victory has proven to be a big win for an amateur metal detectorist in England. Kevin Minto found the ring, referred to as the Ilminster Ring, while searching a field in the town that now gives the ring its name, according to the South West Heritage Trust. "The ...
From kitco.com | 6 hr ago
Gold posted its steepest single-session decline since March on Friday, as a far-stronger-than-expected U.S. employment report all but extinguished hopes for a near-term Federal Reserve rate cut and sent the dollar surging back above a key threshold. Gold futures shed $148.00, or 3.30%, to settle at $4,353.90 wiping out a sizable chunk of the metal's ...
Higher energy prices continue to push headline inflation up. And we do not expect to see a meaningful reprieve in the food space either, especially following recent headlines about beef prices. Our forecast for core calls for a +0.3% m/m uptick in May, which would nudge the year-over-year pace to 2.9% well below headline but moving in the wrong direction ...
From nypost.com | 12 hr ago
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 ...
From apnews.com | 14 hr ago
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. ...
From silvertrade.com | 16 hr ago
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 ...
From dnyuz.com | 19 hr ago
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 Africas 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 ...
From thedailygold.com | 22 hr ago
The intermediate-term correction in precious metals is getting long in the toothbut 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 ...
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