Gold reaches all-time highs as fear of missing out drives the metal toward $4,000.
Pacer ETFS president Sean O’Hara shares insights on the advantages of ETFS and highlights his preferred investment in the “Craman Countdown.” The gold market is targeting yet another record, continuing its impressive trajectory in precious metals. “In today’s FOMO atmosphere, there’s this sort of concern about, well, ‘What if?’ I think there’s a 75% chance […]
Olympic gold medalist Oksana Baiul compelled to sell $1.2M mansion in Louisiana due to unemployment
The Olympic gold medalist has put her $1.2 million mansion up for sale after her aspirations for success in Louisiana didn’t pan out, prompting her return to Las Vegas amid her divorce. Oksana Baiul, who represented Ukraine in figure skating at the 1994 Winter Olympics, expressed her deep disappointment last week, saying she has a […]
Hundreds of Celtic gold coins found in archaeological excavation in the Czech Republic
Archaeological Treasure Unearthed in Czech Republic Recently, an exciting treasure trove of gold and silver coins was uncovered on secluded lands in the picturesque Czech Republic. This remarkable find was announced on September 3 by the Northern Pilsen Museum and Gallery in Marian Skatinis, a charming area known for its beautiful towns and castles. The […]
Gold price update for October 1, 2025
As of 9:15 a.m. Eastern today, the price of gold stands at $3,864 per ounce. That’s an increase of $49 from yesterday and a rise of over $1,206 compared to last year. If you’re considering investing, gold might be a smart option, especially since it typically isn’t as affected by inflation as other assets. Historically, […]
Stocks fall as gold rises with the onset of the US government shutdown
Stock Market Update: Wall Street Reacts to Government Shutdown On Wednesday, the S&P 500 and NASDAQ indices dipped as investors considered the potential long-term effects of a federal government shutdown on the U.S. economy. The S&P fell by 0.2%, while the NASDAQ Composite dropped 0.3%, losing over 70 points shortly after markets opened. Meanwhile, the […]
Gold price today, Wednesday, October 1: Gold surpasses $3,900 as government shutdown starts
Gold Futures and Government Shutdown Update Gold futures kicked off with a record price of $3,887.70 per ounce on Wednesday. This was an increase of 1.2% from Tuesday’s closing price of $3,840.80. Early trading even nudged gold prices higher, pushing it to around $3,900. The US government faced a shutdown on Wednesday morning after party […]
Gold Price Outlook: XAU/USD reaches new highs around $3,900 amid cautious markets
Gold is making a comeback, recently nearing record highs, just shy of the $3,900 mark. The ongoing US government shutdown and unsettling labor statistics have weakened the US dollar and increased interest in safe-haven assets like gold. A technical analysis indicates bearish divergence on the 4-hour chart for gold. In the wake of the US […]
Silver approaches a peak in its strong rally while gold gets close to $4,000 per ounce.
Market Trends in Precious Metals Amid Potential Government Shutdown It’s not just gold making headlines as concerns about a government shutdown loom on the horizon. Silver futures have surged 27% over the past three months, while gold has risen roughly 15%. Annually, silver is up about 58%, which outpaces the 45% increase in gold’s value. […]
Gold Reserves of U.S. Treasury Exceed $1 Trillion – Current Crude Oil Prices
Gold Prices and U.S. Treasury Storage Surpass $1 Trillion Recently, we’ve seen a remarkable 45% increase in gold prices. Interestingly, the U.S. Treasury’s stockpile has now exceeded $1 trillion for the first time ever. This figure is, well, more than 90 times what’s reported on the government’s balance sheet. It raises questions once again about […]
Platinum or Palladium: Which Metal Will Excel Following the Rise of Gold and Silver?
The US economy seems to be losing some momentum lately. Inflation is on the rise, which puts pressure on corporate profits, and the impact of tariffs is shifting demand in unpredictable ways. The Federal Reserve has limited room for significant speed reductions, which helps maintain a safe haven appeal while keeping growth in check. Initially, […]