Gold Miners Shine in 2025

From sprott.com

July saw gold and silver whipsawed by shifting economic data, heightened geopolitical tensions and uncertainty over the Federal Reserve's ability to remain independent on interest rates. Gold reached an all-time high of $3,431.48 on July 22, and silver reached $39.40, its highest level since 2011. However, in the final days of July, both metals sold off following hawkish signals from the Fed that it was not likely to lower interest rates at its July 29-30 Federal Open Market Committee (FOMC) meeting despite heavy pressure from the Trump administration. At the meeting, the Fed left interest rates unchanged for the ... (full story)