Gold has failed to behave as a safe-haven asset over the past month, with macroeconomic headwinds weighing on sentiment. However, Wells Fargo believes that long-term prospects for the precious metal remain well-supported. Gold prices on COMEX climbed 2% on Friday, buoyed by a weaker dollar, which made the metal cheaper for overseas buyers. The yellow metal is still set for its …
Continue ReadingGold’s record run may have lifted junior miners, but Haywood Securities says the next stage will be far less forgiving, with capital flowing only to companies that can deliver results in the ground. “New discoveries remain one of mining’s highest-reward stages, even as the easy gains from rising metal prices have faded,” Haywood’s mining analysts wrote in their new quarterly …
Continue ReadingNow Short Covering and Accumulation Collide Gold did not break because the thesis broke. It broke because the system needed cash, and gold was the cleanest collateral to turn into dollars when the pressure hit the pipes. The sequence was brutally simple once you strip out the noise. The Middle East shock did not send money into gold; it sent money into …
Continue ReadingTrump’s “Productive Talks” and the Five-Day Illusion Monday’s market reaction was dramatic. After threatening over the weekend to “obliterate” Iran’s power plants if the Strait of Hormuz wasn’t reopened within 48 hours, President Trump posted on Truth Social that the U.S. and Iran have had “very good and productive conversations regarding a complete and total resolution of our hostilities in …
Continue ReadingTakeaways by Axi Select Gold weakness reflects liquidation, rising real yields, and delayed physical demand, not a breakdown in the long term macro case The Fed put is likely closer to a 15 percent equity drawdown as markets play a larger role in the economic feedback loop than in past cycles Any resolution to recession risk ultimately leads to easier policy …
Continue ReadingOn March 19, 2026, Gold and silver erased over $3 trillion in market value. Whenever this happens, the first instinct is to panic. While that is valid, it’s important to ask the most important question: “Why?” Beyond the headlines, this moment signals something deeper that every investor must pay attention to. How A Bullish Run Turned Into A Sudden Breakdown To …
Continue ReadingDuring times of global uncertainty and geopolitical uncertainty, commodities such as gold and silver tend to benefit from increased demand; however, the World Gold Council (WGC) says the demand drivers for the two precious metals are distinct and behave quite differently during periods of market stress. Gold has historically acted as the more defensive, lower-volatility diversifier, while silver tends to behave as a hybrid …
Continue ReadingThe dollar index (DXY00) today is down by -0.45%. The dollar is under pressure today after the British pound, the euro, and Japanese yen rallied when the BOE, ECB, and BOJ made hawkish comments about the inflationary aspects of soaring energy prices from the war in Iran. Losses in the dollar accelerated today after the US Jan new home sales …
Continue ReadingBlackRock World Mining Trust smashed its comparative benchmark with returns over 2025 after a “very strong year”, and noted a “supportive” backdrop for the mining sector despite current macro uncertainty and geopolitical volatility. Net asset value per share (NAV) total return for the year was 74.2%, compared with returns from the reference index (MSCI ACWI Metals & Mining) of 64.2% and …
Continue ReadingInflation, higher interest rates and a strong dollar are bad for gold prices. On the other hand, war, geopolitical stress, bad job reports and stagflation are good for gold. The consensus on gold prices for 2026 is cautiously bullish, with many analysts expecting the precious metal to consolidate at higher levels. I believe gold will see resistance at $5,000, with $100-200 …
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