Gold and silver are moving higher, supported by a weaker U.S. dollar and softer-than-expected inflation data.
Gold is back on the front foot, while silver is pushing higher alongside it. At the same time, global markets are showing signs of cautious optimism as talks between the U.S. and Iran appear to be resuming. But it is all very fragile.
Right now, we’re seeing multiple forces collide:
- A weaker dollar supporting commodity prices
- Inflation data coming in cooler than expected
- Ongoing geopolitical instability, particularly around energy supply routes like the Strait of Hormuz
- And a market still largely assuming that disruptions will be temporary
In today’s video, Jan Skoyles explains why gold and silver don’t always behave the way people expect in the short term, what’s really driving recent price action, and why the current environment may be far more significant than markets are pricing in.
More importantly, we connect three critical developments that are unfolding at the same time:
- Geopolitical stress impacting energy and global trade
- Structural constraints tightening supply in the silver market
- And a monetary system increasingly reliant on inflation to manage rising debt
If you’re trying to make sense of recent market moves or wondering whether gold and silver are still doing their job then our latest video is worth your time.
About the author
David Russell
GoldCore
David is the CEO of GoldCore.
Until Summer 2023 he was the Director of Marketing and Communications, responsible for all marketing and communications strategies and branding.
David joined GoldCore in 2008 as Director of Business Development and later took over as Director of Marketing and Communications in 2020.
Prior to this Dave managed and operated his own Marketing Agency and completed multiple coaching qualifications.
"Working for GoldCore gives you a fantastic lens through which to view global financial and geopolitical developments. I am very proud to be part of a company that contributes to increasing investors understanding of these developments."
When he’s not at work, David is passionate about sailing and has completed the ‘Round Ireland Yacht Race’ twice.