Gold retreats to $3,424 after risk-on shift from U.S.-Japan deal, but Fed policy doubts still support XAU/USD and silver near $39.26.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold is currently in a “loading the spring” phase, setting the stage for a sharp upward move over the coming months, according to WisdomTree's head of commodities research, Nitesh Shah. Following an intra-day peak of $3,500 an ounce on 22 April 2025, gold has traded within a relatively tight range between $3,180 and $3,400 an ounce.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Announcing plans to make gold out of mercury sounds like something from a medieval wizard's playbook, but according to the Financial Times, San Francisco start-up Marathon Fusion says it might soon be reality. The company claims that its nuclear fusion technology could transform mercury into gold using a process called nuclear transmutation, an alchemist's dream, only with high-energy neutrons instead of cauldrons.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold prices rise as DXY weakens and Treasury yields dip. Traders eye Fed signals, tariffs, and key support near $3347.