Category: Market Notes

Earlier this year, Tether invested $150 million in Gold.com, acquiring roughly a 12% stake in the company and forming a strategic partnership focused on connecting physical precious metals with digital…

Switzerland’s August data delivered one of the most interesting new datapoints from the physical gold market. Switzerland exported 156.5 tonnes of gold in August — 65% more than in July.…

Gold imports fell 58% year over year in August, while silver imports jumped 127%. Gold imports dropped to roughly $2.3 billion. Silver imports, meanwhile, more than doubled from a year…

Gold mines produced 966 tonnes in Q2 — the highest second-quarter output on record. At first glance, you might expect record mine production to mean significantly more gold coming onto…

After a rate hike, we would normally expect at least some short-term pressure on precious metals. Higher rates increase the yield available on cash and bonds and often support the…

The value of India’s silver imports jumped 127% year over year in August to $1.02 billion. That is no small move, and it is difficult to ignore. India has long…

That is roughly 16 percentage points below the five-year average for this time of year. On its own, that does not mean Europe is heading into another energy crisis. But…

Today, attention has shifted directly to Yanbu, Saudi Arabia’s main oil export hub on the Red Sea. The Houthis say they attacked Saudi Aramco facilities in Yanbu using missiles and…

Gold is not just seeing renewed interest in Western ETFs. In August, Shanghai gold futures activity rose 48% month over month, while COMEX derivatives activity increased by 28%. What makes…

Silver is trading around $64.60, but that number looks very different when we compare it with January’s record of $121.62. That means silver is still almost 47% below this year’s…

Markets are heading into today’s Fed decision pricing roughly a 92% probability of at least a 25-basis-point rate hike. At that point, the hike itself may actually be the least…

Silver open interest stands at 103,250 contracts. At 5,000 oz per contract, that represents more than 516 million ounces of silver in nominal futures exposure. That is a remarkable number…