World Gold Council reported first quarter 2026 demand, with its Gold Demand Trends showing a 42% year-over-year increase in bar and coin demand, led by Asia.
Our expectation continues to be that gold will eventually break to the upside. But it has resistance to get through. First at around $4,700/$4,800 and then again at $5,000/$5,100.
Despite extreme volatility in this past half-year or so, average gold-stock price levels have remained much higher than ever before. These strong technicals are justified by spectacular fundamentals.
Gold is likely going to $20,000, but it’s not going there in a straight line. When there are swoons in the price, there can be significant swoons in the emotional state of a gold bug...
By publishing this study, the Fed may also be sending an indirect message: depositors have a responsibility to understand the condition of the banks holding their savings.
Ira Epstein discusses the current state of the metal markets, noting a seasonal decline in gold prices and similar trends in silver, copper, and platinum.