Gold and silver tumble as Trump’s Fed Chair pick Warsh seen as preserving central bank independence

Gold and silver tumble as Trump’s Fed Chair pick Warsh seen as preserving central bank independence

Argor-Heraeus’ CEO Robin Kolvenbach holds one kilo bars of silver and gold at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | Reuters Gold and silver prices plunged Friday, as President Donald Trump’s nomination for the next chair of the Federal Reserve, Kevin Warsh, appeared to relieve … Read more

European markets advance at the open after Trump’s Greenland ‘deal,’ tariffs retreat

European markets advance at the open after Trump’s Greenland ‘deal,’ tariffs retreat

LONDON — European stocks advanced on Thursday after U.S. President Donald Trump said a “framework” agreement had been reached over Greenland, and called off imposing escalating tariffs on a group of European countries. The pan-European Stoxx 600 was 1.13% higher shortly after the opening bell in London. Global markets are rebounding after Trump announced Wednesday that he … Read more

‘Markets are callous’: Why stocks aren’t fazed by Iran, Greenland or Venezuela

‘Markets are callous’: Why stocks aren’t fazed by Iran, Greenland or Venezuela

Traders work on the floor of the New York Stock Exchange on Jan. 12, 2026. Angela Weiss | Afp | Getty Images The first two weeks of 2026 have seen U.S. President Donald Trump’s administration capture Venezuela’s president, threaten to respond to Iran’s violent crackdown on protests, and talk up the possibility of using force … Read more

Asian markets rise, defense stocks lead after after U.S. captures Venezuela’s Maduro

Asian markets rise, defense stocks lead after after U.S. captures Venezuela’s Maduro

The skyline of Tokyo city, Japan. Tomohiro Ohsumi | Bloomberg | Getty Images Asia-Pacific markets began the first full trading week of 2026 on a stronger note after the U.S. said it had attacked Venezuela and captured President Nicolas Maduro over the weekend. Oil prices edged lower as markets weighed the potential impact of geopolitical … Read more

China to restrict silver exports, echoing rare earths playbook

China to restrict silver exports, echoing rare earths playbook

Silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, January 10, 2025. Angelika Warmuth | Reuters BEIJING — China is set to tighten controls on silver exports from Thursday, expanding restrictions on the once-ordinary metal critical to the U.S. industry and defense supply chains. Tesla … Read more

Asia markets trade higher amid holiday-thinned trade; gold and silver hit fresh highs

Asia markets trade higher amid holiday-thinned trade; gold and silver hit fresh highs

TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core consumer price index climbed by 3.3% in June, outpacing the US figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and … Read more

European markets start December in negative territory, as defense sells off

European markets start December in negative territory, as defense sells off

Regent Street in London celebrates the Christmas season on November 13, 2025 in London, England. Ben Montgomery | Getty Images Entertainment | Getty Images LONDON — European stocks started the last trading month of the year in negative territory. The Stoxx 600 began Monday in negative territory, with the pan-European benchmark down 0.3% shortly after … Read more

The rich are ‘renting’ out their idle gold bars for income as prices remain at historic highs

The rich are ‘renting’ out their idle gold bars for income as prices remain at historic highs

Gold prices have been smashing new records this year, and a growing cadre of wealthy investors and family offices are no longer content to let their gold bars sit idle in vaults. They are leasing their bullion to refiners, jewelers, and fabricators for interest, defying gold’s reputation as a non-yielding asset. “We’ve got a whole … Read more