Gold has experienced its strongest rally since the 1970s in recent months - Tolga Akmen/EPA/Shutterstock Rising demand for gold helped drive retail sales to a three-year high last month, delivering a small boost for Rachel Reeves ahead of the Budget. Sales across Britain’s high streets rose by 0.5pc in September according to the Office for National Statistics (ONS), more than double market expectations of 0.2pc. It marks the best month for British retailers since July 2022, with the increase largely fuel ...

Key Takeaways Gold's surge above $4,000 per ton has lifted both Barrick and Newmont shares sharply this year.Barrick advances key projects like Goldrush and Lumwana while maintaining solid cash flow.Newmont grows through Newcrest integration, project expansion and strategic divestitures.Barrick Mining Corporation (B) and Newmont Corporation (NEM) are two of the biggest gold mining companies on the planet, each with extensive operations across multiple continents and diversified portfolios. With gold prices ...

The price of silver, which has surged this year alongside gold, also plunged, falling more than 8% during Tuesday trading to as low as $48.40 per troy ounce. Gold, silver and other precious metals have soared this year amid global trade tension, inflation concerns and economic uncertainty. The rally in precious metals has also been fueled in recent weeks by concerns about the impact of the U.S. government shutdown and ongoing fears about unsustainable government debt globally. Why This Matters to Investors ...

Gold's brief dip last week didn't last long, as buyers returned in force Monday to the year's favored safe-haven asset. ...

Peter Dazeley / Getty Images The price of bitcoin has lately retreated from a recent record high. Key Takeaways Bitcoin is falling toward the $100,000 level following last weekend's rout in the digital assets market. Without the support of the safe-haven narrative, crypto market experts are looking for other reasons to stay optimistic about the near term for bitcoin. So much for "Uptober." Bitcoin is close to giving up all of this year's gains, dragged lower since renewed trade tensions between the ...

The recent surge in precious metals isn’t fool’s gold. Lina Thomas, commodities strategist with Goldman Sachs Research, said in a video posted on Thursday the swelling price of gold is more than hype. “The rally remains grounded in fundamentals, not frenzy,” she said. The price of gold has skyrocketed 65% in 2025 due to tariff-induced economic uncertainty that has led to the depreciation of the dollar once favored as a safe haven. On Friday, the asset reached another record high of about $4,242 per ounce ...

Core Insights - Bitcoin has experienced significant volatility in October, initially rising due to investor interest as a hedge against US government shutdown uncertainty, but subsequently dropping sharply following President Trump's tariff threats [1][4]. Market Performance - Bitcoin's price fell from $121,000 to as low as $104,000, marking an 8% decline in the past month, while gold reached new all-time highs above $4,200, increasing by 16% in the same period [1][2]. - As of Thursday, Bitcoin was trading around $108,000 per token, reflecting ongoing struggles to recover from recent losses [4]. Investor Behavior - Capital is currently favoring gold due to its momentum and lower volatility, with central banks acting as structural buyers, which may lead to a future rotation back into Bitcoin as it typically follows gold trends [3]. - A significant player in the market, referred to as a "whale," profited $192 million by shorting Bitcoin before the crash, indicating strategic trading behavior that may have intensified selling pressure [5]. Market Dynamics - The recent drop in Bitcoin's price was exacerbated by the crypto derivatives ecosystem, which saw over $19 billion in liquidations during the price decline, leading to automatic closures of risky trades [4]. - Analysts remain optimistic about Bitcoin's long-term prospects, with JPMorgan predicting a price target of $165,000 by year-end and Citi forecasting $133,000, potentially reaching $181,000 by the end of 2026 [6].

Market Overview - Bitcoin is currently priced around $111,000, with a 2% decline in the last 24 hours, reflecting a cautious but stable outlook amid the U.S.-China trade war impacting investor risk appetite [1] - The broader crypto market experienced a 3.8% decline, following a significant $500 billion crash last week, indicating a fragile recovery [2] Market Sentiment - Analysts suggest the recent market decline is a controlled deleveraging rather than a panic sell-off, supported by stable funding rates and modest outflows [3] - Traders are optimistic about market stabilization, as evidenced by numerous short straddles and diagonal calls clustered around the $113,000 to $115,000 range, along with downside protection through put calendars at $112,000 [4] Correlation with Gold - Bitcoin's price correlation with gold has reached 0.9, the highest in years, indicating that investors are increasingly viewing Bitcoin as a hedge during geopolitical or economic stress [4] Institutional Activity - Analysts at QCP Capital note that a setup for a renewed rally may be forming due to continued institutional treasury accumulation and steady inflows into spot exchange-traded products [5] Upcoming Events - A series of significant events are scheduled, including the launch of OpenxAI's public mini app builder and the listing of OwlTing on Nasdaq, which may influence market dynamics [5]

Market Reaction - MSCI's global equities gauge regained some ground after a steep sell-off, indicating a recovery in investor sentiment following a more conciliatory tone from U.S. President Trump regarding the U.S.-China trade war [1][2] - The Dow Jones Industrial Average rose by 480.23 points (1.06%) to 45,960.52, the S&P 500 increased by 86.35 points (1.31%) to 6,638.49, and the Nasdaq Composite climbed by 397.43 points (1.78%) to 22,599.34 [3] Gold Market - Safe-haven gold reached record highs, with spot gold rising 2% to $4,097.57 per ounce and U.S. gold futures increasing by 2.89% to $4,090.80 per ounce, reflecting ongoing market uncertainty [5] - Bank of America commodities analysts raised their gold price forecast for next year to $5,000 per ounce from $4,400, indicating strong demand for gold as a safe investment [5] European Market - The pan-European STOXX 600 index rose by 0.33%, although political pressures in France regarding budget negotiations remained a concern [6] - The dollar index increased by 0.26% to 99.31, while the euro fell by 0.47% to $1.1563, and the dollar strengthened against the Japanese yen by 0.85% to 152.43 [6] Japanese Market - Japanese markets faced challenges with uncertainty surrounding the new LDP leader Sanae Takaichi's ascension to prime minister, contributing to a rebound in the yen and a 5% decline in Nikkei futures on Friday [7]

Core Viewpoint - Gold prices have increased over 50% this year, outperforming major indices, and are currently stable above $4,000 per ounce [1] Industry Insights - The gold market is perceived as a safe haven, with ongoing concerns about the US dollar's weakness and a shift towards gold as a primary reserve asset [3][4] - The demand for gold is driven by global economic uncertainties, leading to increased interest in gold as a store of value [4] Company Performance - Weeden Precious Metal is experiencing significant growth, with projections of 40-50% growth over the next 5-6 years, benefiting from previously established contracts [5][6] - The company is also seeing increased cash flow, allowing for expansion towards a target of one million ounces of gold equivalent production annually [8] Market Dynamics - Silver prices have reached a record high of over $50 per ounce, contributing to the company's revenue, which includes 30-35% from silver [7][11] - Central bank demand for gold is rising, with China's gold reserves around 2,000 tons and the US holding 8,000 tons, indicating a sustained demand for gold [13][14]