Gold ETFs Shine as Prices Hit New Highs | Metals Mine

  • Gold ETFs Shine as Prices Hit New Highs

    From thedailyupside.com

    They say some people are worth their weight in gold … Well, they’re probably carrying a little extra weight right now. The price of gold grew to historic highs last week, pushing past $5,100 an ounce and rising 18% so far in January alone, according to a Financial Times analysis. The boom has extended to other precious metals, too, with silver hitting a record $109 on Monday. Gold ETFs were one of the top-performing strategies in 2025. ​​Individual investors sunk $95 million into the largest gold ETF, GLD, this month, the biggest single increase since October 2025, according to research from JPMorgan. It’s an ... (full story)

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    Federal Reserve issues FOMC statement

    From federalreserve.gov|Jan 28, 2026|81 comments

    Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemployment rate has shown some signs of stabilization. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook remains elevated. The Committee is attentive to the risks to both sides of its dual mandate. In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 3‑1/2 to 3‑3/4 percent. In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks. The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective. In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals. The Committee's assessments will take into account a wide range of information, including readings on labor market conditions, inflation pressures and inflation expectations, and financial and international developments. Voting for the monetary policy action were Jerome H. Powell, Chair; John C. Williams, Vice Chair; Michael S. Barr; Michelle W. Bowman; Lisa D. Cook; Beth M. Hammack; Philip N. Jefferson; Neel Kashkari; Lorie K. Logan; and Anna Paulson. Voting against this action were Stephen I. Miran and Christopher J. Waller, who preferred to lower the target range for the federal funds rate by 1/4 percentage point at this meeting. FOMC STATEMENT COMPARE pic.twitter.com/zK9gGdjOKS *FED SAYS GOVERNORS WALLER, MIRAN DISSENT IN FAVOR OF 25 BPS CUT *FED: UNEMPLOYMENT RATE HAS SHOWN SOME SIGNS OF STABILIZATION

    FOMC Press Conference, January 28, 2026

    From youtube.com|Jan 28, 2026|4 comments

    The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, ...

    Powell: Current stance of policy appropriate

    From @DeItaone|Jan 28, 2026

    POWELL: CURRENT STANCE OF POLICY APPROPRIATE POWELL: LAST YEAR'S CUTS HAVE LEFT POLICY STANCE 'APPROPRIATE' TO SUPPORT FED'S GOALS POWELL: GOVT SHUTDOWN EFFECTS SHOULD BE REVERSED THIS QUARTER POWELL: INFLATION REMAINS SOMEWHAT ELEVATED RELATIVE TO GOAL Breaking | Fed Chair Powell Reports Stability in Hiring, Job Openings, and Wage Growth.

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