Author: Admin
WTI price extends the rally to near $70.60 in Tuesday’s Asian session. The ongoing conflict between Israel and Iran lifts the WTI price. The US Retail Sales data for May will be the highlight later on Tuesday. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $70.60 during the Asian trading hours on Tuesday. The WTI price edges higher amid persistent geopolitical risk in the Middle East. The American Petroleum Institute (API) weekly crude oil stock will be released later on Tuesday. An Israeli attack targeted Iran’s state broadcaster on Monday, while the head of the United Nations (UN) nuclear watchdog reported substantial…
Macro dynamics, monetary policy, US fiscal and trade policies and geopolitics will drive the outlook for markets in 2H25.
Introduction: Why Is Everyone Buying Gold from Costco? In recent years, Costco has emerged as an unexpected player in the precious metals market, with their gold bars becoming one of their fastest-selling items. As economic uncertainty persists and inflation concerns mount, Americans increasingly view gold as a safe haven for their wealth. This trend has propelled Costco—traditionally known for bulk groceries and household essentials—into the spotlight as a gold retailer. But does purchasing gold from this warehouse giant represent good value? This analysis examines the pros and cons to help potential investors make informed decisions. Why Costco Has Become a…
Geopolitical Crises and Market Psychology Israel-Iran War: What Markets Should Fear the Most One common trait of geopolitical or financial crises is that markets tend to price in worst-case scenarios in the early stages. As events evolve, investors begin to reassess the true scale of the threat. It can take days, weeks, or even months before financial markets find a bottom. But typically, once the worst-case scenario is factored in, the impact of ongoing news diminishes. However, not all situations allow for such clarity. The unfolding Israel-Iran conflict presents one such case, where both geopolitical instability and economic risks are…
Investors are heading into the coming week’s two-day Federal Reserve meeting facing a wide band of uncertainty around the path ahead for the U.S. economy, inflation, and interest rates — which has the potential to keep stocks rangebound, make them more volatile, or both through the end of the year.
Australia is the world’s third-largest gold producer and is home to some of the most technologically sophisticated and innovative mines. The impacts of high gold prices are real and immediate: higher revenues, increased royalties, and additional employment in regional economies.In FY2023, gold was Australia’s third-largest export, behind iron ore and coal, and contributed more than AUD $27 billion to the economy. With prices going even higher in 2025, that figure is poised to break new records. Gold mining companies, from major producers to junior explorers, are enjoying increased margins and renewed investor interest.Local investor demand for gold is also building.…
In anticipation of last Friday’s NFP announcement (Non-Farm Payroll), many traders were sidelined for most of the week. Many were holding back just in case of a surprise of another whipsaw like we experienced last month. The NFP Announcement Outcome It was a damp squib, not much reaction, and volatility was almost nonexistent. The total of anticipated new jobs for May was missed by a few thousand. A run-up in the futures market ahead of the open was reversed, ending in the negative column for the Dow Jones, S& P, and Nasdaq. Unfortunately, it seems there was nothing dramatic enough…
Dads teach us about money — and their lessons stick
In a recent BullionStar interview, Claudia Merkert spoke with Florian Grummes, founder of Midas Touch Consulting, about the evolving dynamics in precious metals. With silver recently breaking above USD 35 — a level Grummes identified as part of a 13-year resistance zone — and gold entering a consolidation phase, he laid out a roadmap for investors navigating this rapidly shifting landscape. Silver Surges Above USD 35: A Structural Breakout Silver has broken through a 13-year resistance zone, climbing rapidly in early June. Grummes noted that this breakout came slightly later than expected, but the strength of the move is significant.…
USD/JPY trades above 144.00 as safe-haven flows boost the US Dollar amid rising Middle East tensions.BoJ is expected to hold rates steady, limiting support for the Yen despite earlier hawkish signals from Governor Ueda.Japan and the US prepare to meet at the G7 summit in Canada, where the two nations are expected to discuss bilateral relations and negotiate over tariffs.The Japanese Yen (JPY) is trading weaker against the US Dollar (USD) on Friday, as geopolitical tensions and central bank policy divergence drive market flows. USD/JPY has staged a modest rebound, trading above 144.00 at the time of writing, as demand for…