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What drives the price of gold up and down?
The price of gold is hovering around $4,700 USD per ounce as of May 2026, and even though that's historically high, it's still down around 16 percent from its super high point in January of $5,600. So, how high, or low, will gold go? That's a looming question right now. While some financial experts predict it to hit $6,000 USD per ounce by the end of the year, others say to invest with caution. Gold is largely viewed as a safe haven for investors. But, how safe is it amid the wild ride that is 2026? Here are the basic principles of what drives the price of gold, so you can make your own decision on whether or not you ... (full story)
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I have just read the response from Iran’s so-called “Representatives.” I don’t like it — TOTALLY UNACCEPTABLE! Thank you for your attention to this matter. President DONALD J. TRUMP
The gold price caught a tailwind this week as tensions between the US and Iran eased, first breaking US$4,600 per ounce and then pushing above US$4,700. Silver was also on the move, briefly passing US$82 per ounce. Will the precious metals keep rising? Experts are divided on what's next.
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