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Precious Metals News

Silver Will Continue To Rise, Says BofA

Investing.com: Silver "Won't Lose Its Luster Long-term" Despite Economic Headwinds, BofA Says

The Bank of America's analysts said silver has "solid fundamentals", adding that they are "constructive further out" on the metal.

Deficit Jumped 40% higher Than Last Year

CNBC: Budget Deficit Rose in December And is Now 40% Higher Than it Was a Year Ago

Interest on the national debt has totaled $308.4 billion in fiscal 2025, up 7% from a year ago. Financing costs are projected to top $1.2 trillion for the full year, which would top 2024's record.

Gold Prices Will Continue to Rise 2025

Global Times: Gold Prices Likely to Rise Further in 2025 as Central Banks Lead the Charge Amid Diversification Efforts

"Central banks' gold purchases continue to be the most significant factor influencing the gold market, and their large-scale buying is expected to continue in 2025 and beyond."

China Resumes Gold Hoarding

Business Insider: China is Back to Hoarding Gold Ahead of an Uncertain Time for its Economy in Trump's Second Term

"The price could quickly challenge $3,000/oz, with any breaks above October's high liable to be reinforced by systematic momentum buying!"

Fed Govern Warns of Market Crash

Market Watch: Fed Governor Warns That the Stock Market is Susceptible to a 'Large Decline'

"Markets may be priced to perfection and, therefore, susceptible to large declines, which could result from bad economic news or a change in investor sentiment."

CEO Says Gold Will Go to $3000

Wealth Professional: CEO Predicts that Gold Will Hit $3,000 Per Ounce

"Gold will have a major role in the future financial system and I think prices are reasonable right now in comparison to what it will be a few years from now."

2025 Could Be Gold's Biggest Year yet

Yahoo Finance - Gold's Glittering Surge: Why 2025 Could Be Its Biggest Year Yet

Inflationary pressures and geopolitical risks continue to favor gold as a safe-haven asset. If you're looking for a hedge against the chaos, gold just might be your thing in 2025.

Credit card Default Soars

Fox Business: US Credit Card Defaults Soar to Highest Level in 14 Years

Data shows credit card defaults jumped 50% in 2024 from the year before to the highest since 2010

Wall Street Bullish on Gold in 2025

Yahoo Finance: Gold Just Saw Its Biggest Yearly Gain Since 2010 - Here's Why Wall Street Says Prices will Go Even Higher

JPMorgan forecasts gold will rise toward $3,000 per ounce this year. Goldman Sachs analysts also forecast bullion will reach $3,000 by the end of 2025 amid continued purchases from central banks around the world.

Market Tanks 1100 points

CNBC: Dow Tanks by 1,100 Points, Posts First 10-day Losing Streak Since 1974

The Wednesday decline was its worst since August. The S&P 500 lost 2.95% to 5,872.16 and the Nasdaq Composite shed 3.56% to 19,392.69 with losses intensifying into the close of trading.

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