Kitco News
Gold price breaks 50-day support as oil rebound lifts inflation pressure - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices were modestly lower and spot silver prices were under heavier pressure in early U.S. trading Thursday, as rising oil prices, elevated Treasury yields and firmer Fed rate-hike expectations offset safe-haven demand tied to the U.S.-Iran conflict.
Gold under pressure as jobless claims remain below 200K, supporting further rate hikes -
(Kitco News) - The gold market remains under pressure and could face further losses as the U.S. labor market remains fairly resilient, with the number of American workers applying for first-time unemployment benefits remaining below a critical level.
Gold breaks $4,300 as Fed hike odds jump after PMI - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices were sharply lower after the U.S. close Wednesday, as a stronger-than-expected U.S. PMI print lifted Treasury yields, strengthened the dollar and pushed traders to price a higher probability of another Fed rate hike in October.
Gold’s bull run isn’t over: TD Securities sees next leg above $5,000 -
(Kitco News) - Gold continues to struggle as prices fall below critical support at $4,300 an ounce; however, one bank sees limited downside for the precious metal as the environment looks ripe for a renewed drive above $5,000 an ounce.
Gold price battles $4,300 support, but BMO sees underlying demand strengthening -
(Kitco News) - Gold prices are struggling to hold gains above critical near-term support at $4,300 an ounce as renewed momentum in the U.S. dollar and elevated bond yields continue to take their toll on the precious metal.
Gold price will hit $4,900/oz in 2026 on strong sovereign demand as China buys 75% more than reported in July – Goldman Sachs -
(Kitco News) – Central bank gold purchases remained strong through July, and China appears to be buying far more bullion than official reports have disclosed, supporting a year-end price target of $4,900 per ounce, according to Goldman Sachs Research.
Spot gold drops to $4,280/oz as flash S&P composite PMI improves to 58.4 in September -
(Kitco News) - The gold market is selling off after the latest U.S. data showed the services sector improving beyond expectations this month, while the manufacturing sector also strengthened.S&P Global reported on Wednesday that its flash Composite Purchasing Managers Index (PMI) rose to 58.4 in September, up from August’s reading of 56. The number was above expectations, as economists had fore...
Gold, silver slide as dollar rallies and Fed hike bets firm - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply lower in early U.S. trading Wednesday, as a stronger U.S. dollar, elevated Treasury yields and renewed Fed tightening expectations offset the latest pullback in oil prices.
Silver leads metals higher as dollar strength caps gold after Fed rate repricing - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices were modestly firmer and spot silver prices were sharply higher in late U.S. trading Tuesday, as lower oil prices eased the immediate inflation shock from the Strait of Hormuz while Treasury yields and a firm U.S. dollar kept gold’s upside contained.
‘Gold is worth around $5k’ as the yellow metal ‘has gone from a pure play on real rates to a pure play on liquidity’ – Fidelity’s Timmer -
(Kitco News) – Gold’s fair value has already reached $5,000 per ounce as the yellow metal has transitioned from a rate-based to a liquidity-based trade, according to Jurrien Timmer, Director of Global Macro at Fidelity Investments.“[Gold] gained ground last week as the global liquidity profile has started to recover,” Timmer wrote in a LinkedIn analysis on Monday. “Based on my Gold & Liqui...
Zero Hedge
A Perfect Storm - Where Are The Umbrellas? -
A Perfect Storm - Where Are The Umbrellas?
By Michael Every of Rabobank
As the Wall Street Journal puts it today, ‘A perfect storm is raging in the bond market’ as US 10-year yields are at 5.11% vs. 4.93% at yesterday’s close, the largest one-day rise since 2025’s “liberation day”; Canada’s are at 3.95% vs. 3.83%; the UK’s 5.35% vs. 5.20%; Australia’s 5.38% vs. 5.25%; Germany’s 3....
Biden-Nominated Judge Dismisses Michigan Case Accusing Oil Majors Of Suppressing Renewables -
Biden-Nominated Judge Dismisses Michigan Case Accusing Oil Majors Of Suppressing Renewables
Authored by Owen Evans via The Epoch Times,
A federal judge dismissed an antitrust lawsuit in which Michigan accused four major oil companies of acting as a cartel to block renewable energy.
U.S. District Judge Jane Beckering in Grand Rapids on Tuesday rejected a lawsuit filed in January...
Panic At CNN As Paramount Seeks Elon Musk Equity Investment -
Panic At CNN As Paramount Seeks Elon Musk Equity Investment
Paramount is weighing whether to bring Elon Musk on as an equity investor in its takeover of Warner Bros. Discovery, according to a report from Semafor. David Ellison has been sizing up potential investors as he works to lock down financing before the merger closes. Paramount has not said how much money it hopes to raise, ...
Futures Tumble As Yields Hit Multi-Decade Highs, Oil Surges -
Futures Tumble As Yields Hit Multi-Decade Highs, Oil Surges
Futures are lower with Tech underperforming as part of a global risk-off tone with few areas of safety, driven by a global bond rout that has sent yields across the globe to levels not seen in a generation. As of 8:00am ET, S&P futures are 0.6% lower with Nasdaq futures sliding 1.0% and reflecting the fallout from Wednesda...
"Way Shorter Than Beijing Hoped": China Stocks Tumble As Trade Truce Disappoints -
"Way Shorter Than Beijing Hoped": China Stocks Tumble As Trade Truce Disappoints
Chinese stocks slipped overnight as the two-month extension of the US-China trade truce fell short of some Wall Street expectations (some desks were hoping for +6 months), offering limited reassurance that today's talks would deliver a long-lasting trade deal, stabilize bilateral ties, and ease uncert...
They Used AI To Race-Swap Him... -
They Used AI To Race-Swap Him...
Authored by Steve Watson via Modernity.news,
Stanford University took a real photograph of three students in a dining hall, ran it through artificial intelligence, and published the result as a "Welcome Home" banner. However, one of those students, Hispanic undergrad Billy Ramirez, class of 2027, was gone.
In his place stood an AI-generated Blac...
Oil Jumps As Iran Warns War Could Expand To Indian Ocean If US Attacks Resume -
Oil Jumps As Iran Warns War Could Expand To Indian Ocean If US Attacks Resume
It was just this month which saw the Iran conflict spill over into a renewed fight between the Saudi coalition and Yemen's Houthi rebels. Now Iran is threatening to expand the fight further, even into the Indian Ocean.
Yahya Rahim Safavi, an adviser to Iran’s Supreme Leader Mojtaba Khamenei, warned Thurs...
Japan Breaks The 'Debt Causes Inflation' Narrative -
Japan Breaks The 'Debt Causes Inflation' Narrative
Authored by Michael Lebowitz via RealInvestmentAdvice.com,
A dollar today buys nearly twice as many Japanese yen as it did fifteen years ago. Crude oil, in yen terms, is up roughly 70% year to date. Food prices are similarly elevated. Japan imports most of the energy and much of the food it consumes, paying for it in dollars that ...
Aramco CEO Eyes "Fourth & Fifth" Oil Export Routes To Break Hormuz Chokehold -
Aramco CEO Eyes "Fourth & Fifth" Oil Export Routes To Break Hormuz Chokehold
Brent crude futures climbed back above $104 a barrel early Thursday as Iran threatened to widen the Middle East conflict into the Indian Ocean and optimism surrounding yesterday's meetings between US and Iranian officials on the sidelines of the UN General Assembly faded.
A focal point this morning is ...
Judge Orders Trump To Temporarily Restore CNN, MS NOW, And Politico Access To White House -
Judge Orders Trump To Temporarily Restore CNN, MS NOW, And Politico Access To White House
Authored by Melanie Sun via The Epoch Times,
A federal judge has ordered President Donald Trump to temporarily restore White House access for CNN, MS NOW, and Politico while they challenge the revocation of their press passes in court.
Federal Judge Timothy Kelly of the U.S. District Court...
MarketWatch - Top Stories
How is Gen Z investing their money? Over a dozen share their strategies for today’s market. -
Gen Z is entering the market unusually young, with easier access to investing than previous generations but vastly different amounts of money to put to work.
Do this one thing to help prevent your parents from being scammed -
“I felt like I was talking to a robot,” said one adviser about a client who was ensnared in a romance scam.
Social Security checks are projected to be cut by $540 a month in just six years -
Social Security’s future may be even more dire than expected as time is running out to shore up the program’s finances.
With the stock market ‘priced for perfection,’ the S&P 500 is in danger of a 20% slump next year -
Clocktower’s Eric Wallerstein believes stocks are headed for trouble next year, and safety-seeking investors could drive gold to $6,000 an ounce.
Oracle’s stock is falling as investors fear a data-center setback -
A recent report noted that Oracle is looking to protect itself from paying some expenses if a high-profile data-center project gets delayed.
‘She says it’s just money’: My friend pays for everything. I should be grateful, but I can’t stand her anymore. -
“On each of these weekends away, she’s probably spending $500.”
‘We made a bad, bad decision’: I learned the hard way how to manage my aging father’s money -
“When my father died, his trust was the Bible.”
My wife wants to buy her late mother’s home, but her siblings won’t let her. Should I get involved? -
“Having just lost a parent and having no backing from the siblings, my wife did not feel she should contest the decision.”
Three reasons to stick with stocks despite rising yields, according to Barclays -
Strategists at the bank recommend exposure to U.S. technology, media, telecommunications and industrial stocks.
Here’s where thousands of homeowners face higher insurance bills after FEMA updated its flood maps -
These 10 communities have the highest number of properties that were newly mapped into a high-risk Special Flood Hazard Area.
CNBC Top News
CNBC Economy
GATA
U.S. considers promoting dollar-backed stablecoin abroad -
By Anna Irrera, Saleha Mohsin, and Lydia BeyoudBloomberg NewsWednesday, September 23, 2026
The Trump administration is considering an initiative to promote the use of dollar-denominated stablecoins overseas, according to people familiar with the plans, in a bid to reinforce the greenback's status as the world’s reserve asset.
Stablecoin projects are among the areas the US government is consider...
Hong Kong unveils gold, bond, and liquidity plans to drive next phase of yuan adoption -
By Enoch YiuSouth China Morning Post, Hong KongWednesday, September 23, 2026
Bourse operator Hong Kong Exchanges and Clearing will launch yuan-denominated gold futures early next year, while the city's de-facto central bank plans to introduce more yuan products and platforms to support the diversification and digitalisation of the currency's internationalisation, speakers at a banking summit sa...
China spends record amount importing over 1,000 tonnes of gold so far this year -
By William SandlundFinancial Times, LondonTuesday, September 22, 2026
HONG KONG -- China has spent a record sum importing more than 1,000 tonnes of gold this year as the central bank and local investors pour cash into bullion amid rising geopolitical tensions abroad and poor returns on local assets.
The world's second-largest economy spent $158.8 billion on gold in the first eight months of the...
U.S. to use dollar sanctions to close Iranian airlines -
U.S. threatens to ground Iranian airlines worldwide tomorrow
From Al Jazeera, Doha, QatarMonday, September 21, 2026
United States Treasury Secretary Scott Bessent says Iranian airlines could effectively be shut out of international travel from Wednesday, as Washington threatens foreign companies with secondary sanctions if they continue servicing the country’s carriers.
“On September 23, all th...
Ole Hansen: Gold breaks with real yields as fiscal concerns reshape investor demand -
By Ole HansenHead of Commodity StrategySaxo Bank, Hellerup, DenmarkMonday, September 21, 2026
U.S. 10-year real yields hit their highest level in more than 20 years on Friday at 2.63%, a 76-basis point increase since the start of the year, while total gold-backed exchange-traded fund holdings continued to recover following a drop in H1 2026.
The divergence highlights an increasingly notable dis...
Wolf Street
Legal Tender News
CoinDesk
Cathie Wood's ARK teams with Securitize to tokenize venture fund with OpenAI, Anthropic stakes -
The ARK Venture Fund is bringing exposure to sought-after private tech companies onchain through Securitize, first on Ethereum then potentially expanding to other chains.
Solana Foundation hires Binance, Polygon veterans as it ramps up tokenized finance push -
Rachel Conlan and Jamal Raees join as Solana aims to court institutions moving payments and assets onchain.
Crypto investment firm RockawayX is betting $150 million on yield becoming next big use case -
The $2 billion digital-asset investment firm rolls out an initiative to back, build and provide liquidity to projects bringing real-world yields into DeFi.
EU's financial regulator to make AI and tokenization a supervisory priority in 2027 -
European regulators will map how financial firms use the technologies in client-facing products and begin checks on the most affected businesses.
Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme -
The fraudster managed to scam about 100 people across the United States, convincing them of transferring funds to him, claiming their accounts had been hacked.
Litecoin token has its moment as network activity booms -
Your day-ahead look for Sept. 24, 2026
Live updates: Bitcoin falls to $83,000 as bond yields take center stage -
U.S. bond yields are little changed early Thursday after yesterday's surge higher sent risk markets sharply lower.
Bitcoin slides to $83,300 as bond yields hit highest level since 2007 -
The 10-year Treasury yield reached its highest since 2007, sending U.S. stocks and crypto lower before Asian and European traders bought the dip.
Traders price in 4 Fed rate hikes by June 2027 as bitcoin slides below $83,000 -
The four-hike path is the most likely outcome, while rising bond yields and a stronger dollar weigh on bitcoin and gold.
The data proves it: Bitcoin doesn't care about rising bond yields over long-term -
Long-term, BTC ignores rising bond yields. In the short term, however, surging bond volatility could easily dampen crypto's animal spirits.
bitcoin.com
Bitcoin Price Retreats From September Highs With $82.8K in the Crosshairs -
Bitcoin’s price traded at $83,428.53 on Thursday morning, up 2.4% over 24 hours but roughly 4.5% below the recent $87,374 high, leaving the market caught between a broader advance and a much shakier short-term picture. The daily structure remains constructive, but the 4-hour and 1-hour charts show bitcoin working through a corrective phase, putting the […]
Bitcoin ETFs Add $347M as Blackrock, Fidelity Lead Buying -
U.S. bitcoin ETFs attracted another $346.98 million on Wednesday, stretching their inflow streak to five consecutive sessions. Ether, XRP and solana funds also finished firmly in positive territory, while HYPE ETFs slipped. Bitcoin ETF Streak Hits 5 Days Momentum has become difficult to ignore. Fresh capital continued flowing into the largest crypto exchange-traded funds (ETFs) […]
Bitcoin Price Drops Below $85K as PlanB Maps October Path to $100K -
Bitcoin’s recovery above $80,000 is reviving six-figure price scenarios, with PlanB outlining a possible move to $100,000 in October and a new record before Christmas. Glassnode data adds support to the bullish case, showing a shallower drawdown, restrained profit-taking, and BTC back above its 365-day moving average. Bitcoin Reclaims 365-Day Average Bitcoin is back near […]
AI Threat: Web3 Told to Add Spending Caps and Circuit Breakers Onchain -
European Union regulators warned that quantum computing threats could emerge earlier than commercial applications, urging financial entities to move away from legacy cryptography. An expert says protocols must replace vulnerable elliptic-curve proofs with hash-based STARKs and upgrade key wrapping immediately to protect sensitive long-term data. EU Regulators Issue Post-Quantum Cryptography War...
Tether Co-Founder Says Stablecoin 2.0 Will Put Reserves Onchain -
Tether co-founder Reeve Collins says the next generation of stablecoins will make collateral transparent onchain while separating yield from the token itself and distributing returns programmatically. He also expects AI to hide much of crypto’s technical complexity, potentially turning blockchain-based finance into infrastructure users barely notice. Reeve Collins Says Stablecoin 2.0 Will Split...
Reason
Journalists Still Barred From White House -
Plus: Manhole climbers, Beshear mulling 2028 run, God bless the commenters, and more...
International Moot Court Competition in Law & Religion -
A great opportunity for law students
Pennsylvania Sen. Douglas Mastriano's Lawsuit Related to His Ph.D. Mostly Thrown Out -
An academic fight wasn't a RICO or antitrust violation, but a false light claim can still go forward.
Today in Supreme Court History: September 24, 1755 -
9/24/1755: Chief Justice John Marshall's birthday.
The post Today in Supreme Court History: September 24, 1755 appeared first on Reason Magazine.
Brickbat: California Scheming -
A federal judge sentenced former Los Angeles County Sheriff's deputy Christopher Cadman to 21 months in prison after Cadman pleaded…
The post Brickbat: California Scheming appeared first on Reason Magazine.
Open Thread -
What’s on your mind?
TRO Issued Ordering Reinstatement of CNN, MS NOW, and Politico White House Access -
The court's rationale is that revoking reporters' passes violated the Due Process Clause, given D.C. Circuit precedent on the subject; the court didn't reach the outlets' First Amendment arguments.
President Trump's Lawsuit Against Iowa Pollster Ann Selzer Thrown Out -
From today's long decision by Iowa state trial court judge Scott Beattie in Trump v. Selzer [UPDATE: link fixed]: J.…
The post President Trump's Lawsuit Against Iowa Pollster Ann Selzer Thrown Out appeared first on Reason Magazine.
The War on Gifted Education Is Hurting Poor Kids -
Schools are ending gifted and talented programs in low-income areas, leaving “kids who are poor but academically gifted” to “suffer the worst of both worlds,” says education researcher Michael Petrilli.
'Bro We Need Your Vote': Matt Gaetz and a Desperate GOP Wrestle With Trump's Unpopularity -
The disgraced former congressman is imploring voters not to abandon Republicans over gas prices and war with Iran.
Tenth Amendment Center
The ONLY Cure for a Corrupted Republic -
Removing the corruption and restoring its lost principles is what Montesquieu said is the only path forward. Everything else is doomed to failure: “every other correction,” he warned, ”is either useless or a new evil.” On this episode, it’s the top-6 principles that built American independence. Forgotten and ignored for generations, but only truly lost if “We the People” refuse to bring them ba...
When War Comes Home: A Constitutional Warning -
Every generation faces a temptation to exchange freedom for security. Every generation is told that normal rules cannot apply because a crisis is too serious, an enemy too dangerous and a moment too urgent.
The post When War Comes Home: A Constitutional Warning appeared first on Tenth Amendment Center.
They’re not Patriots. They’re Degenerate Cowards. -
Degenerate cowards. That’s how the founders and old revolutionaries viewed people who refuse to protect and defend their own constitution and their own liberty out of fear for their own skin - or a lazy preference for comfort. On this episode, it’s the founders’ hard reality check - what needs to be done if we ever want to live in a REAL “land of the free.”
The post They’re not Patriots. They’r...
Electronic Frontier Foundation
D.C. Circuit Must Vacate a Drone Flight Restriction That Criminalized Recording Immigration Agents -
EFF joined an amicus brief with ACLU, ACLU of D.C., National Press Photographers Association, and Professional Photographers of America to urge the D.C. Circuit to vacate an FAA drone flight restriction that violated the First Amendment right to record law enforcement. This is an important case—
Levine v. FAA—challenging the ability of the government to punish drone pilots who record law enforce...
EU Kids Act Won't Keep the Internet Accountable and Trustworthy -
The EU Commission draft law to restrict young people’s access to the internet that it presented last week will come at a high cost: it will put online services behind age gates, expand the use of intrusive age verification, and undermine the privacy of all users.
The EU Kids Act aims to protect children from risks associated with social media, video games, and AI systems by introducing age-bas...
EFF Statement on California Governor's Executive Order on AI -
California Gov. Gavin Newsom's executive order is an opportunity for a needed, thoughtful conversation about artificial intelligence and its potential harms. Everyday Californians are feeling real anxiety about the risks of artificial intelligence, and as an organization that works to ensure technology empowers people, EFF welcomes this order as a way for the state of California to lead a much-...
The Institute For Justice - Press Releases
Second Amendment Foundation
TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP -
BELLEVUE, Wash. — April 24, 2025 — The Second Amendment Foundation (SAF) is pleased to announce that Taurus Holdings Inc. has renewed their commitment to the organization as a Platinum-level corporate partner. “At Taurus, we believe that the right to keep and bear arms is fundamental to the American way of life,” said Taurus USA
The post TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP appear...
CA NON-RESIDENTS CAN APPLY FOR CARRY PERMIT STARTING APRIL 22 -
BELLEVUE, Wash. — April 22, 2025 — Thanks to a preliminary injunction in the Second Amendment Foundation’s (SAF) case CRPA v. LASD, starting Tuesday, April 22, non-resident SAF members can apply for a California carry permit. The injunction requires that California accept permit applications from any United States resident outside the state who is a
The post CA NON-RESIDENTS CAN APPLY FOR CARR...
SCOTUS DENIES CERT IN WORTH, SAF WIN IN EIGHTH CIRCUIT STANDS -
BELLEVUE, Wash. — April 21, 2025 — In a case that could potentially have far-reaching implications for similar lawsuits across the nation, the U.S. Supreme Court has denied Minnesota’s Petition for Writ of Certiorari in Jacobson v. Worth, the Second Amendment Foundation’s (SAF) challenge to the 18-20-year-old carry ban in the state. Minnesota asked the
The post SCOTUS DENIES CERT IN WORTH, SAF ...
Gun Owners of America
Take Action: Stop State Gun Taxes & Fix the SHOT Act -
LET’S PASS THESE BILLS! These two bills are marked up tomorrow, we need your help to pass them…. If you’re receiving this email, your Representative in Congress is on the House Judiciary Committee. That means we’ve got an important request for you. Tomorrow, the House Judiciary Committee will be voting on two bills that matter to your Second Amendment rights: … Read more
GOA LEADS INDUSTRY COALITION IN SUPREME COURT FIGHT TO DEFEND AR-15s -
FOR IMMEDIATE RELEASE September 4, 2026 GOA LEADS INDUSTRY COALITION IN SUPREME COURT FIGHT TO DEFEND AR-15s WASHINGTON, D.C. — Today, Gun Owners of America (GOA) and Gun Owners Foundation (GOF)—along with Century Arms, Canik USA, B&T USA and Fostech—filed an amicus brief urging the U.S. Supreme Court to strike down “assault weapons” bans in Viramontes v. Cook County. What that case comes d...
This Week In Gun Control -
THIS WEEK IN THE FIGHT Here’s what you may have missed this week in the fight for the Second Amendment… Biden’s “Ghost Gun” rule was struck down by the courts. GOA’s case against it is still active. Gun shops are passing ATF inspections after selling suppressors with no registration. A foreign ransomware gang hacked ATF. A federal judge struck down … Read more
Banking Dive
Fintech Avant applies for OCC charter -
A charter from the Office of the Comptroller of the Currency would allow the Chicago-based lender to expand its credit products, diversify beyond them, and reduce its cost of funds, the CEO said.
Dive Deposits: The NCUA is not the Fed, DOJ says -
An appeals court should reverse the reinstatement of two fired NCUA board members because the law doesn’t explicitly forbid the president from ousting them, the Justice Department argued.
Bank of America plans to double AI budget next year -
The bank’s co-president Wednesday pointed to “clearly identifiable” gains from AI, as questions swirl around how soon returns on investment will be seen.
Adyen snaps up Klarna CFO -
Niclas Neglén will begin at the Dutch payments processing firm Feb. 1. The move gives Adyen a permanent successor to Ethan Tandowsky, the company’s previous CFO, who left Aug. 31.
Florida de novo opens its doors -
The $43 million raised from local investors “demonstrated how much the community was needing this,” Portrait Bank founder and CEO Erik Weiner said.
American Banker
Bank of International Settlements
Federal Reserve - Press Releases
FDIC - Press Releases