Gold Rush

• Gold surged above $4,700 (up 18%) and silver neared $70 (up 30%) in weeks
• Central banks bought a record 289 tonnes of gold in Q2 amid $40T+ US...

Blackrock Silver's headline $1.55B NPV comes from a simplified FCF model at $150-200/oz silver, not the $31 base case.

• Model excludes taxes,...

Gold fell 0.4% to $4,428.54/oz amid hawkish Fed signals and Middle East escalation, while the dollar paused after Friday's repricing.

• Fed shift:...

Renewed U.S.-Iran clashes are creating a safe-haven paradox for precious metals: geopolitical stress supports defensive buying, yet the oil spike...

Physical routes eliminate counterparty risk while paper options remove storage burdens, creating clear trade-offs across cost, liquidity, and...

Bank targets cut sharply as six institutions lowered 2026 forecasts amid hawkish Fed repricing.

• Gold fell 2% to $4,530/oz after new Fed Chair Warsh...

Hawkish signals from Fed Chair Warsh triggered immediate pressure on precious metals through rising real yields, a firmer dollar, and repriced...

Goldera has initiated surface exploration at the Egan Gold Project and Acadian Gold JV, positioning for potential discovery opportunities later in...

Gold allocation functions best as strategic insurance against specific portfolio risks rather than a universal target or return play.

• Key drivers:...

Excellon has defined seven targets across 40% of its 11,000-hectare Tres Cerros property, which sits adjacent to the Mallay Mine and shares road...

• Scotiabank lowered its FY2026 EPS forecast to $4.26 from $4.43, falling below the $4.53 consensus
• Overall ratings stand at five Buy, three Hold...

Do exceptional rock samples at Diablo's Horn Silver Project mark a real catalyst for precious metals investors?

• Standout results: One sample hit...

Expectations of doubled Treasury purchases of 10- to 30-year debt are pressuring the dollar while lifting gold's orderly rally, with bulls turning to exotic options and spreads to signal conviction alongside measured downside protection.

Harmony Gold posted record FY26 results, with headline earnings jumping 87% to $1.61 billion, but nearly all the lift came from a 35% higher gold...

Gold holds near $4,593 while silver climbs 1.5% to $70.17 as traders brace for Warsh’s Jackson Hole remarks and payroll revisions. The split underscores gold’s tighter link to yields and Fed expectations versus silver’s industrial momentum.

For investors with modest capital, starting with silver coins offers a more accessible way to build physical holdings before adding gold.

Key...

Record bullion prices are not translating into easy gains for producers.

• AISC rose 16% to $1,785/oz in Q1 2026 even as margins hit records.
• West...

Gold faces a stark tension between long-term demand potential and near-term dollar pressure.

• Western underinvestment leaves room for sharp price...

Effective central bank communication now prioritizes explaining the reaction function, data dependence, and risks over rigid rate-path commitments....

Gold's long-term drivers remain intact amid constrained supply and persistent central-bank buying.

• Annual mine production grows just 1%, lagging...