Gold, Silver & Other Precious Metals 19 (Oct 24 - Dec 26)

[winston]

Silver shines bright amid gold pauses

by Lim Jun Kit

With gold in a consolidation phase, silver and other precious metals such as platinum and palladium may continue to take the lead, especially if the key support levels hold firm.

A sustained move above US$39 for silver could pave the way towards testing the next major resistance zone near US$42, offering further opportunities for traders looking to ride the momentum.

Source: Business Times

https://www.businesstimes.com.sg/compan ... old-pauses

[behappyalways]

Gold remains strong. Usually, when risk assets run like tech stocks and crypto, gold falls. Not the case here. This is very bullish for gold in the coming months/years. We know central banks (the printers) and China are loading up.
https://x.com/GarethSoloway/status/1947340302857211945

[winston]

Gold caught between bearish technicals and bullish long-term fundamentals

by Priyanka Sachdeva

Despite geopolitical tensions, renewed tariff threats, and a looming shift in global monetary policy, the yellow metal has failed to decisively break past the longstanding US$3,500 per ounce barrier, let alone flirt with the wishfully anticipated US$4,000 mark.

Traditionally, gold’s path is mapped against real yields, the US Federal Reserve’s rate expectations, central bank demand, and geopolitical risk.

On one hand, real yields remain sticky and a stronger US dollar, buoyed by resilient US data and the Fed’s reluctance to ease rates, is suppressing gold’s upside.

On the other hand, ongoing tariff tensions and subtle signs of disinflation in the US continue to provide a fundamental floor to prices.

Source: Business Times

https://www.businesstimes.com.sg/compan ... ndamentals

[behappyalways]

Plunder Of Ghana's Gold By Chinese Criminals Continues, Authorities Say
https://www.zerohedge.com/commodities/p ... rities-say


Gold stocks at a new high. Gold not yet.
https://x.com/WalterDeemer/status/1952748525227323799


This still working?
https://x.com/WalterDeemer/status/1952748691774660870

[winston]

China likely to continue buying gold

China may continue increasing its official gold reserves to enhance financial security, as part of a broader trend among central banks worldwide to diversify their international reserve holdings — a development that could prop up investment demand for the precious metal, analysts said on Thursday.

They commented as China's official gold reserves came in at 73.96 million ounces at the end of July, up from 73.9 million ounces a month earlier, marking the ninth consecutive month of rises, the State Administration of Foreign Exchange said on Thursday.

He estimates that gold accounted for about 7 percent of China's official international reserves — mainly consisting of foreign exchange reserves and gold holdings — as of the end of July, significantly lower than the global average of around 15 percent.

The council said central bank gold demand remained healthy at about 166 tons in the second quarter, though down 21 percent year-on-year.

Source: China Daily/ANN

https://www.thestar.com.my/business/bus ... uying-gold

[behappyalways]

Miners abandon their gold hedges in the hope of bigger windfalls
https://www.afr.com/companies/mining/mi ... 808-p5mlj4

[winston]

<Research>HSBC Global Research Raises Silver Price Forecast to US$35.14/oz for 2025

Under the backdrop of geopolitical and economic policy uncertainties, silver prices continue to receive strong support from high gold as well as safe-haven demand, HSBC Global Research said in its report.

Although industrial demand displays a moderate deceleration, mineral supply and scrap recycling, are expected to increase, said the broker.

Meanwhile, the high price levels have started to suppress investment demand for jewelry and coin & bar, yet the overall market may still maintain a mild deficit.

In view of the above, HSBC Global Research raised its silver price forecast, adjusting the average price for 2025 to US$35.14 per ounce, the 2026 forecast to US$33.96 per ounce, and the 2027 estimate to US$31.79 per ounce.

It is crucial to closely monitor the Federal Reserve's monetary policy trends and the installation progress of the solar industry, as these factors will have a key impact on the silver supply and demand.

Source: AASTOCKS Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[winston]

The Gold Sector Is on the Verge of a Sell Signal

by Jeff Clark

If you’re looking to buy gold stocks, you’ll likely have a better chance to do so a few weeks from now. The gold sector is overbought and on the verge of a sell signal.

I’m not suggesting traders should sell all of their gold stocks here. But, with HUI already up 60% for the year, and with the BPGDM on the verge of a sell signal, maybe now is not the best time to put new money to work in the gold sector.

Traders should have a chance to buy gold stocks at lower prices a few weeks from now.

Source: Jeff Clark Trader

https://tradesoftheday.com/2025/08/13/t ... ll-signal/

[winston]

vested in GLD

Gold analyst warns of 'blow-off top'

The yellow metal's rally may be reminiscent of a past pop and drop.

by Todd Campbell

Gold prices are up over 28% year-to-date in 2025, and the size and speed of the move (and the reasons behind it) remind her of a similar rally 14 years ago in 2011. Back then, the outcome for gold bugs wasn't fun.

"The 2011 top was met with a 45% haircut that took nearly a decade to recover".

Gold has enjoyed a perfect storm this year as macro crosscurrents hamstring the Fed's monetary policy, GDP slips, and the U.S. debt outlook worsens.

Unemployment has risen to 4.2% from 3.4% in 2023, CPI inflation of 2.7% is stubbornly above the Fed's 2% inflation target, the World Bank says GDP is expected to fall to 1.4% from 2.8% last year, and debt experts say the One Big, Beautiful Bill Act passed this year will add $3.4 trillion to the U.S. debt by 2034.

"Safe haven dollars can purchase gold, an asset that doesn’t produce income, at an all-time high without a risk parachute, or they can buy Treasuries at multi-decade lows with a yield of 4% to 5% to cushion downside price risk".

Source: The Street

https://www.thestreet.com/investing/gol ... m_content=

[behappyalways]

Did you know that most of the gold that has ever been mined is still in held or in circulation? That makes gold quite a bit different than other commodities!
https://x.com/Mayhem4Markets/status/1957844622882803928