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Kitco News) - In a historic shift for state level finance, Texas has officially moved from a passive storage model to an active, state run bullion supply chain. The rollout, announced live from the Texas State Capitol, introduces a first of its kind dot gov storefront that allows the public to purchase state branded gold and silver directly from the Comptroller office. The initiative marks the first time a U.S. state has facilitated a closed loop system for precious metals, bridging the gap between manufacturing, vaulting, and direct to consumer sales. Texas is the first state to facilitate a closed...

Amateurs using metal detector located the tomb and after the initial major finds they contacted the archaeological authorities.The well-preserved grave contained an uncharacteristically large 12th-century sword as well as what appeared to be a Viking-age blade that may have been part of a cremation ceremony.The find was brought to light in a field in Hyvikkälä, Janakkala, which had showed signs of pre-historic settlement, by amateur metal detectorists After uncovering a few minor objects, the metal detector picked up a spear tip and an axe blade. After some digging, the group discovered a broken sword. At this point, the hobbyists broke...

President de Gaulle of France initiated the secret operation “Vide-Gousset” and repatriated 3,313 tonnes of gold reserves from the vaults of the Federal Reserve in New York and the Bank of England in London from 1963 until 1966. De Gaulle feared America’s deficit in its balance of payments would rupture Bretton Woods and lead to a devaluation of the dollar against gold. All France’s dollars were converted into gold, and to avoid treachery, the metal was repatriated over the course of three years. It took 44 boat trips and 129 flights to bring home more than three thousand tonnes of...

In Greek mythology, Cassandra was granted the power to see the future, but cursed so that no one would believe her. She warned of disaster repeatedly, only to be ignored until tragedy struck. Today, the United States has its own modern-day Cassandras, and once again our warnings are being dismissed. Knowledgeable experts have cautioned that our nation’s fiscal path is unsustainable. Federal budget documents themselves have repeatedly sounded the alarm. Credit rating agencies have raised increasingly serious concerns. Despite these warnings, Washington continues to behave as though time is unlimited and there are no consequences to continuing to ignore the...

The price of gold fell from a record $5600 to $4770 per ounce. On Friday, the price of silver fell by 31%. This is the biggest percentage drop in the price of this bullion since March 1980. What could be the reasons for such declines?Gold hit a new record high on Thursday at $5600 per ounce. Silver was trading at $120 per ounce. Suddenly, precious metal prices began to fall. By Friday evening, gold was already costing $470 per ounce. Gold fever reached a new high at the beginning of 2026, with prices hitting a record earlier this week....

High-flying gold and silver took a staggering hit in overnight trading with the precious metals losing roughly $6 trillion in just 30 minutes — as oil prices surge over fears over Iran. Gold tumbled back after hitting a new record at $5,595.47 an ounce as investors rushed to assets deemed safe, including silver, which reached its own record of $120.44 an ounce. The dollar steadied after losing ground most of this week. Gold declined more than five per cent and silver plunged more than eight per cent, while copper and nickel prices also fell, as traders reassessed the market. “The...

Gold and silver prices plunged Friday, as President Donald Trump’s nomination for the next chair of the Federal Reserve, Kevin Warsh, appeared to relieve concerns about the central bank’s independence and sent the dollar soaring. Spot silver was down 28% at $83.45 an ounce, trading near its lows of the day. Silver futures plummeted 31.4% to settle at $78.53, marking its worst day since March 1980. Meanwhile, spot gold shed around 9% to trade at $4,895.22 an ounce. Gold futures dropped 11.4% to settle at $4,745.10. The sharp moves down were initially triggered by reports of Warsh’s nomination. However, they...

Call it the Post Powell Panic! After The Fed decided to do nothing at the FOMC meeting. Gold is down -12% from the peak, trading below $5,000. Silver is down -21%, trading below $100 for the first time since Friday, officially in a BEAR MARKET. Rough night in the precious metals market space. An absolute BLOODBATH. Is the top behind us? Gold -6% Silver -12% Copper -4% Platinum -13% Palladium -11% Trillions in market cap wiped out in a few hours. Powell at The Fed FOMC meeting imitating former Fed Chair Janet Yellen. And Trump has nominated Kevin Warsh for...

Gold and silver prices plunged on Friday, as President Donald Trump’s nomination for the next chair of the Federal Reserve, Kevin Warsh, appeared to relieve concerns about the central bank’s independence. By 7:12 a.m. ET, spot silver was down 10.6% to settle at around $103.81 an ounce, paring back earlier losses. In the early hours of the morning, the metal had plummeted as much as 16% and dipped below the $100 milestone.

Last year might have proved a good time to own shares in the chip-maker Nvidia, along with the booming American tech giants. Or a piece of the defence manufacturers as the world re-arms. Or to hold a position in some of the rapidly growing economies of South America or Asia, or even one of the hyped-up crypto currencies. There were plenty of places investors expected to make money over the past year. As it turned out, however, there was one asset that outpaced them all, even though it generates no income: gold, and to an even greater extent, its junior...

Gold extended its blistering rally on Thursday to hit a record just shy of $5,600 an ounce, as investors sought safety amid geopolitical and economic uncertainties, while silver came within a whisker of breaching $120. Spot gold shot up 2.6% to $5,538.69 an ounce by 0349 GMT, after hitting a record $5,591.61 earlier in the day. "Growing U.S. debt and uncertainty created by signs that the global trade system is splintering into regional blocs as opposed to a U.S.-centric model (are leading investors to pile into gold)," said Marex analyst Edward Weir.

Kitco News) - Investment demand remains the driving force in the gold market as prices surpass $5,000 per ounce. But the marketplace is evolving, with tokenized gold growing in popularity as investors look to protect themselves from monetary uncertainty, geopolitical risk, and declining confidence in traditional financial hedges. On Monday, the world’s largest gold-backed stablecoin, Tether Gold (XAU₮), published its fourth-quarter performance report, showing that it now accounts for more than half of the entire gold-backed stablecoin market. In the report, Tether noted that last year the global digital gold market saw its valuation grow to $4 billion, up from...

(Kitco News) - Gold and silver prices are strongly higher in afternoon trading Wednesday, with gold leading the way this time, powering to an all-time high of $5,360.60, basis April Comex futures, as of this writing, and scoring the largest daily price gains ever, in dollar terms. The precious metals are supported by safe-haven demand as the U.S. dollar wobbles on the foreign exchange market. April gold was last up $197.20 at $5,317.20. March silver prices were up $5.59 at $111.52. Gold and silver markets have shown no significant price reactions in the immediate aftermath of the Federal Reserve’s two-day...

Financial writer and precious metals expert Bill Holter (aka Mr. Gold) has been predicting record high gold and silver prices. We are nowhere finished with record prices for the metals happening every week and sometimes every day. Mr. Gold now has a new prediction about paper exchanges not being able to deliver physical metal. Holter says, “We exploded through $100 per ounce silver, and we went through $5,000 per ounce on gold, but that’s not the story. The story is there are already over 40 million ounces standing for delivery in January. January is a non-delivery month. If you go...

The International Monetary Fund is preparing for the possibility of a rapid sell-off of U.S. dollar-denominated assets, its managing director, Kristalina Georgieva, said today. "At the fund, one muscle that we are building is our ability to hypothetically present scenarios of unthinkable events and then figure out what to do," Georgieva said at an event hosted by Bruegel, a Brussels-based think-tank. Asked whether the scenarios include a potential run on dollar assets, Georgieva said the fund runs "all kinds of scenarios" and that it was examining the issue as part of its ongoing analysis. Her comments come as Donald Trump's...

The mechanics of silver price suppression teaser image Many precious metals investors have heard about silver manipulation or suspected it, but few fully understand how it works or can clearly explain it. Many also intuitively sense that silver's price is artificially low and should be much higher but struggle to identify what—or who—is keeping it suppressed. I have committed myself to studying silver price manipulation, documenting the evidence, educating others, and exposing these practices to bring them to an end and ensure justice is served. In this article, I will explain in clear and accessible terms how silver's price is...

Summary Gold hits record high of $5,110.50/ounce Silver hits all-time high of $109.44/ounce Analysts expect gold prices to climb toward $6,000 this year .

@TuckerCarlson Gold has so dramatically outperformed the S&P this century that you’d think CNBC would be recommending it to investors. But they’re not. Peter Schiff explains why. (0:00) Why Schiff Decided to Start Buying Gold (10:45) You're Being Lied to About Inflation (23:39) How the Government Secretly Rigs the Economy (25:25) The Unemployment Rate Is Much Higher Than You Think (27:27) What Was the Result of the Big Beautiful Bill? (30:10) Is the Housing Bubble About to Pop? (36:20) The Real Reason College Got So Expensive (40:30) The Real Reason Healthcare Got So Expensive (43:50) Crypto vs. Gold (58:11) Will...

Gold crossing $5,000 an ounce is not a technical breakout, a speculative frenzy, or a “risk-on trade.” It is a judgment. Silver pushing past $100 last week only reinforces the point. These prices are not expressions of optimism about growth or productivity. They are expressions of doubt: about currencies, about governments, and about the institutions charged with preserving economic stability. What makes this moment different is not simply the level of prices, but the speed and unanimity with which investors have arrived at them. Gold did not grind higher over a decade of slow erosion in confidence. It vaulted. Silver...

Gold is now officially above $5000. High thus far is $5028.40. Silver continues above $100. High thus far is $106.58