Kitco News
Gold and silver rally as NFP miss dents Fed-hike bets - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply higher after Thursday’s June employment report, as a weaker-than-expected payrolls print pressured the U.S. dollar and cooled near-term Federal Reserve tightening expectations.
Gold price jumps above $4,100 as U.S. economy created 57k jobs in June -
(Kitco News) - The gold market is attracting strong buying interest as the U.S. labor market loses momentum, with the economy creating fewer jobs than expected last month.
Spot gold shoots above $4,100/oz as U.S. weekly jobless claims steady at 215k -
(Kitco News) - Gold prices rocketed higher and reclaimed $4,100 on Thursday morning following the release of better than expected labor market data after the number of Americans filing new claims for unemployment benefits came in below economists’ forecasts.
These are the key factors that could restart the gold rally this year, or drive prices even lower – World Gold Council H2 Outlook -
(Kitco News) – Despite gold’s dramatic fall from $5,500 per ounce earlier this year to below $4,000 in late June, the yellow metal is still among the top performers over the past year, and demand central banks and long-term investors should limit downside risk as gold still retains clear upside potential for the remainder of 2026, according to the new mid-year outlook from the World Gold Counci...
Gold, silver rise as NFP risk keeps dollar, yields bid - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher after the North American cash-market close Wednesday, as precious metals started the third quarter with a rebound while a firmer U.S. dollar and higher Treasury yields kept positioning defensive ahead of Thursday’s June employment report.
Spot gold bumps up against $4,100/oz after ISM Manufacturing PMI falls to 53.3 -
(Kitco News) - Gold is trading on the edge of $4,100 and not far from session highs after the latest data showed the U.S. manufacturing sector performing below expectations last month, while prices continued their recent moderation.
Gold and silver steady before NFP as payrolls risk caps rebound - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are firmer ahead of the North American market open Wednesday, as traders covered shorts near major support while a firmer U.S. dollar and higher Treasury yields kept the rebound contained before Thursday’s June employment report.
Gold trades near session highs after ADP says net 98K jobs were added in June -
(Kitco News) - The gold market is trading higher on Wednesday morning after the latest employment data showed the U.S. labor market adding fewer jobs than expected, according to private sector payrolls processor ADP.On Wednesday, ADP announced that 98,000 jobs were created in September. The report was worse than expectations, as consensus forecasts called for job gains of 105,000. May’s figure ...
Silver firms while gold fades as Fed risk caps rebound - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are weaker and spot silver prices are firmer after the North American cash-market close Tuesday, as stronger U.S. labor-market data pushed Treasury yields higher and kept Federal Reserve rate-hike risk at the center of the precious-metals trade.
Gold's correction is a buying opportunity as governments won't tolerate economic pain - Waratah Capital's Dunkley -
(Kitco News) - Gold's recent correction has created a compelling opportunity in both bullion and mining equities as governments and central banks will eventually prove unwilling to tolerate economic pain, according to one veteran portfolio manager who expects policymakers to keep the economy running hot for years to come.
Zero Hedge
Vegas Cops Disrupt Alleged Casino Terror Plot By Trans Gunman As Pattern Of Left-Wing Violence Raises Alarms -
Vegas Cops Disrupt Alleged Casino Terror Plot By Trans Gunman As Pattern Of Left-Wing Violence Raises Alarms
The nihilistic accelerationism spreading through the revolutionary left is becoming an increasingly visible security threat, as years of radical rhetoric and political demonization by Democrats and their aligned, billionaire-funded NGOs bleed into real-world violence.
The p...
Yen Surges As Jittery Traders Expect Imminent Intervention After Japan Reveals New Strategy To Wipe Out Shorts -
Yen Surges As Jittery Traders Expect Imminent Intervention After Japan Reveals New Strategy To Wipe Out Shorts
After plunging to a fresh 40 year low overnight, the yen strengthened sharply against the dollar amid rising speculation that the currency’s continued weakness may prompt a fresh round of intervention by Japan. The yen then surged again after the June US jobs report showe...
Core Durable Goods Orders Soar Most In 4 Years -
Core Durable Goods Orders Soar Most In 4 Years
US durable goods orders plummeted 4.5% MoM in May (as expected), dragging orders down 4.3% YoY - the worst annual decline since Nov 2024...
Source: Bloomberg
However, ex-transports, orders rose 1.4% MoM - up for the 14th straight month - with orders soaring over 10% YoY, the strongest annual surge since May 2022...
Adding more c...
'Something Has Gone Completely Wrong': Palantir's Alex Karp Goes Ballistic On OpenAI, Anthropic -
'Something Has Gone Completely Wrong': Palantir's Alex Karp Goes Ballistic On OpenAI, Anthropic
On Wednesday, Palantir CEO Alex Karp delivered a blistering critique of frontier AI labs, accusing them of having an "effing insane" business model that leaves enterprises paying escalating token costs for limited value while risking their proprietary data and intellectual property. He s...
Buried On The 4th Of July: Mediators Pledge Quiet Between US, Iran To Allow For Ayatollah Khamenei's Funeral -
Buried On The 4th Of July: Mediators Pledge Quiet Between US, Iran To Allow For Ayatollah Khamenei's Funeral
President Trump by mid-week told reporters that the "denuclearization of Iran is moving along well" and that "very good meetings" are being held in Doha - even though no direct talks have taken place, but only an exchange of messages via mediators. On Wednesday US officials ...
Tesla Reports 480,126 Q2 Deliveries, Crushing Estimates -
Tesla Reports 480,126 Q2 Deliveries, Crushing Estimates
Tesla delivered a much stronger-than-expected second quarter, reporting 480,126 vehicle deliveries, well ahead of Wall Street forecasts of roughly 406,600. The company also produced 451,758 vehicles during the period, signaling a meaningful improvement after a slow start to the year, according to CNBC.
Shares were volatile on...
Egg Producers Reach State And Federal Settlement Over Price-Fixing Allegations -
Egg Producers Reach State And Federal Settlement Over Price-Fixing Allegations
Authored by Bryan Hyde via American Greatness,
Three major egg producers have reached a $3.3 million settlement to resolve allegations of price fixing after being sued by the Justice Department (DOJ) and 17 U.S. states’ Attorneys General.
Just the News reports that the complaint—filed in Iowa’s North...
US Adds Only 57K Jobs, Missing Estimates, As Unemployment Rate Slides On Plunge In Workers -
US Adds Only 57K Jobs, Missing Estimates, As Unemployment Rate Slides On Plunge In Workers
In our jobs preview post we quoted Goldman Delta One head, Rich Privorotsky, who said that "equities marginally want something weaker than consensus: with no forward guidance, hot NFP means hikes in play, which is unfriendly for pockets of equity risk." Well, they got it because moments ago t...
Initial Jobless Claims Continue To Signal No Labor Market Stress -
Initial Jobless Claims Continue To Signal No Labor Market Stress
The number of Americans filing for unemployment benefits for the first time dipped last week to 215k (218k exp), continuing to show labor market resilience in the face of slumping sentiment.
...basically unchanged in five years.
Continuing claims ticked higher but remains well off cycle highs from last fall...
...
Ukrainian Capital Suffers 'Night Of Hell' In 11-Hour Russian Assault That Kills At Least 20 -
Ukrainian Capital Suffers 'Night Of Hell' In 11-Hour Russian Assault That Kills At Least 20
Just hours after Ukrainian President Volodymyr Zelensky warned of an impending "massive" escalation by Moscow, the skies over the Ukrainian capital erupted in a flurry of inbound drone and missile activity.
At least 20 people were killed and several dozen injured in the overnight multi-wave...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
U.S. job creation cools in June with payrolls growth of just 57,000; unemployment rate at 4.2% -
Nonfarm payrolls were expected to rise by 115,000 in June and the unemployment rate to hold steady at 4.3%.
Europe wants to rebalance trade with Beijing, but can't quit Chinese air conditioners -
A historic heat wave has driven unprecedented demand for Chinese-made air conditioners in Europe, underscoring the tough task Brussels faces in rebalancing trade with Beijing.
World Cup could boost the June jobs report by 40,000, Goldman estimates -
Nonfarm payrolls are projected to post a gain of 115,000, according to the Dow Jones consensus.
Private payrolls rose by 98,000 in June, less than expected, ADP reports -
Companies added slightly fewer workers than forecast, with hiring targeted heavily toward healthcare-related sectors.
North Sea oil and renewables: The UK’s next PM faces a defining energy policy decision -
Andy Burnham could face an early test over North Sea oil drilling as energy shocks revive the UK energy security debate.
GATA
Ghana to buy 30% of large miners' gold output as of July 1 -
By Emmanuel BruceReutersThursday, June 25, 2026
ACCRA -- Ghana has struck a deal with its large-scale mining companies to purchase 30% of their gold output beginning July 1, the government said today, as it seeks to boost foreign currency reserves and develop local refining capacity.
Central banks are increasingly stockpiling bullion as high prices bolster its appeal as a reserve asset.
......
Moonshot gold options buyers may have too much trust in the government and the exchange -
5:47p ET Wednesday, July 1, 2026
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report, writing this week for Sprott Money --
https://www.sprottmoney.com/blog/revaluation-speculation-comex-gold-options-official-gold-revaluation
-- speculates about the far out-of-the-money options that have been purchased on the December contract for gold on the New York Commodities Exchange, which h...
For first time, more central banks plan to shrink dollar holdings, survey finds -
By Libby GeorgeReutersTuesday, June 30, 2026
LONDON -- More of the world's central banks plan to cut dollar allocations than increase them in the coming decade as political risks associated with the U.S. currency rise, an OMFIF survey of public investors released on Tuesday showed.
It is the first time the survey, carried out by the Official Monetary and Financial Institutions Forum, has foun...
Gold market manipulation hasn't gone away and GATA still needs your help -
10:55a ET Wednesday, June 24, 2026
Dear Friend of GATA and Gold (and Silver):
The last year has been dramatic for the monetary metals. Sharp increases in price, indicative of short squeezes, have been offset by counterintuitive downward smashes even as a major war has broken out while another has intensified. News reports and analysis have emphasized the role of some central banks as major long...
Brien Lundin: China says, 'Thanks for the gold!' -
By Brien LundinGold Newsletter / Golden OpportunitiesMonday, June 29, 2026
While the headlines continue to validate my skepticism regarding any peace deal with Iran, metals bulls might be justified in feeling singled out for punishment today.
Because while the rest of the "risk assets" are up, gold and silver are taking it on their respective chins, with both metals down about 1.5% as I write.
...
Wolf Street
Legal Tender News
CoinDesk
US Treasury sanctions over 100 ISIS-K crypto addresses that moved over $1.4 million -
ISIS-K allegedly used its media wing to solicit donations via Tron, Monero, and Bitcoin, highlighting stablecoin issuers' growing role in sanctions enforcement.
SBI Crypto to shut down mining pool that holds roughly 2% of Bitcoin's hashrate -
Miners must redirect their hashrate before the July 31 cutoff, as the pool will stop accepting contributions after that date.
Ondo Finance debuts SEC-aligned tokenized stock model with BlackRock ETF, Micron shares -
Broadridge and transfer agent Oasis Pro underpin a new structure that keeps tokenized securities within existing U.S. market rules, based on the SEC's third-party custodial model.
JPMorgan says Strategy's bitcoin sales policy adds 'two-way risk' to crypto markets -
The bank said Strategy's bitcoin sales policy adds avoidable market uncertainty and should be replaced with equity issuance to build cash reserves.
U.S. payroll growth slowed sharply in June, with only 57,000 jobs added -
This morning's data could slow market expectations for a Fed rate hike as soon as this summer or early Fall.
A struggling Nasdaq-listed company that tried to copy Saylor's Bitcoin playbook is completely dumping crypto for AI -
The Nasdaq-listed Korean media company once lined up $1 billion in financing to buy 10,000 bitcoin. A recent filing confirms its balance is now zero as it pivots to AI infrastructure and fights to stay listed.
Three years after MiCA became law, Europe's crypto framework is undergoing a rethink -
Europe’s MiCA regime is now up for review, known colloquially as “MiCA 2.0,” through a consultation that closes around September.
Warsh's comments set the stage for U.S. jobs data to ignite bitcoin, gold rally -
Your day-ahead look for July 2, 2026
Smaller tokens lead as bitcoin, sol rally in 'first real bounce of the selloff' -
Bitcoin and major cryptocurrencies rebounded on dovish Federal Reserve signals, with speculative tokens like Memecore’s M and Audiera’s BEAT leading gains.
Bitcoin rises 4% to above $61,000 as inflation fears soften -
Bitcoin rose after Fed Chair Kevin Warsh said inflation risks had eased. A 7.9% drop in South Korea's Kospi on renewed AI chip worries did little to dent the bid.
bitcoin.com
Report: FBI Director Kash Patel Sat on $250K Strategy Stock Buy for 6 Months -
FBI Director Kash Patel bought as much as $250,000 in Strategy stock last November and waited six months to tell federal ethics regulators about it, a NOTUS analysis details. Patel purchased between $100,001 and $250,000 worth of Strategy (MSTR), the business intelligence company that holds bitcoin on its balance sheet, on Nov. 21, 2025. He […]
Metamask Launches Money Account With up to 4% APY and Mastercard Spending Access -
Metamask has launched Money Account, a self-custodial feature that lets users earn up to about 4% APY on mUSD while trading, sending, and spending from the same balance. Mastercard and Metamask Bring up to 4% APY Stablecoin Accounts to Everyday Payments Metamask is turning its wallet into something closer to a full financial account. The […]
Bitcoin Traders Brace for $62K Test After Rebound From $57,735 Low -
Bitcoin climbed to $61,211 early Thursday, a rebound of more than 5% off its 24-hour low. The move puts price back near the top of its daily range as short-term momentum indicators turn bullish while longer-term averages keep sellers in control. Bitcoin Fights Back After the June Selloff The bounce follows a pullback that traders […]
Crypto Lending Drops to $23.3 Billion as Tether Holds 68% of CeFi Loan Market in Q1 -
Centralized crypto lending loan books fell 6% in Q1 2026 to $23.3 billion, marking the sector’s first quarterly contraction since Q3 2024. Tether remains dominant, but Maple, Nexo and Coinbase gained share as Galaxy and Ledn saw the steepest pullbacks. CeFi Crypto Lending Falls 6% as Maple, Nexo and Coinbase Gain Market Share Centralized finance […]
Crypto ETFs Split as Ether, HYPE and Solana Gain While Bitcoin Loses $295 Million -
Crypto ETF flows remained uneven on Wednesday, July 1, as bitcoin funds posted a $294.62 million outflow, extending their redemption streak to 10 trading days. Ether, HYPE and solana ETFs drew fresh inflows, while XRP products slipped into the red. Ether ETFs Add $14.9 Million as Bitcoin Funds Extend 10 Straight Days of Outflows The […]
Reason
How the US Has - Mostly - Avoided the Dark Side of the World Cup -
This year's World Cup has largely avoided the stadium subsidies, forcible displacement of people, human rights violations, and other evils historically associated with the event.
New York's Socialist Experiment Already Failed Once -
Will Mamdani break New York City?
Stop Hating America -
Plus: failing power grids, Canadian euthanasia, AOC running for president, and more...
"Kids, if Your Parents Are MAGA, They Love Child Rapists" Sign Protected by First Amendment -
From Judge Randolph Moss (D.D.C.) Monday in Accountability Now USA v. Griess, decided Monday (correctly, I think): Plaintiff Accountability Now…
The post "Kids, if Your Parents Are MAGA, They Love Child Rapists" Sign Protected by First Amendment appeared first on Reason.com.
Thomas Paine: The Founding Father Worth Celebrating -
As America races toward its 250th birthday, Paine is the Founding Father to cast our lot with.
Today in Supreme Court History: July 2, 1908 -
7/2/1908: Justice Thurgood Marshall's birthday.
The post Today in Supreme Court History: July 2, 1908 appeared first on Reason.com.
No One Can Control the Future -
Certainly not Bernie Sanders on AI.
1776 All-Stars: Patrick Henry Knew To Fear American Kings -
Henry's warning about presidential powers is especially prescient today.
Brickbat: Knock It Off -
Ottawa Police Chief Eric Stubbs warned officers to "change your behaviour or quit" after a series of sexual misconduct cases…
The post Brickbat: Knock It Off appeared first on Reason.com.
Open Thread -
What’s on your mind?
Cato Institute
Tenth Amendment Center
Five Weapons. One Target: Your Freedom. -
The top tools of tyrants aimed right at your liberty. Washington, Webster, Paine, Madison, and more - they saw every one of them coming and warned us. On this Episode - what they use against us and what’s self-inflicted.
The post Five Weapons. One Target: Your Freedom. appeared first on Tenth Amendment Center.
They’re not Grievances. They’re STOLEN Power -
Declaration of Independence: That long list of charges against the king aren’t mere “grievances.” That word isn’t even in the text. They Founders didn't secede and fight a long, bloody war over mere complaints about bad policy. American Independence was built on something else spelled out in the text itself, and understood by everyone at the time. On this Episode - It's the foundation of the de...
Let’s Not Forget What Madison Said About War -
What Madison is pointing out is that among all the ways that government destroys the liberty of its own people, its wars are the worst.
The post Let’s Not Forget What Madison Said About War appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
EFF and Allies: X’s FTC Petition to Waive Privacy Violation Order Should be Rejected -
X Corp. should not be able to escape privacy compliance because it changed its name.
On May 15, X Corp. filed a petition before the Federal Trade Commission (FTC) to set aside or modify an order issued in 2022 requiring the company to report regularly to the FTC for its violations of user data. The order or “consent decree” is a result of misleading the platforms’ 140 million users by using pr...
LGBT Q&A: What Data Are Companies in the UK Collecting When Verifying My Age? -
This Pride, we’re answering all your digital rights questions in season two of our initiative, LGBT Q&A.
You Asked: I live in the UK, and we have age verification now on a bunch of websites (including Reddit) and now on iPhones. Can you explain what sort of data companies are actually collecting when they check for age and whether there are any real threats to my safety?
EFF’s Answer: Age ve...
EFF to Gov. Pritzker: Veto Illinois’ HB 5511 -
The Illinois legislature recently passed House Bill 5511, which imposes a sweeping, device-level age-gating framework across nearly all internet-enabled hardware, operating systems, and online services. This well-intentioned but deeply flawed piece of legislation will harm young people who rely on the internet to access essential information and find community. That’s why we’re urging the Illin...
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
ATF’s Fake Rollback Keeps Biden’s Gun Control Alive, Fight Back! -
Thanks to GOA’s lawsuit, a federal judge in Texas vacated Biden’s “Engaged in the Business” rule in its entirety. That rule tried to twist the Bipartisan Safer Communities Act to impose backdoor universal background checks by redefining who counts as a “dealer.” Now, ATF has proposed a replacement rule that claims to “rescind” the Biden rule, but in reality keeps … Read more
VA: Tell Your Commonwealth’s Attorney: Do Not Enforce Virginia’s Gun Bans – TAKE ACTION -
Last week, we told you that GOA, GOF, VCDL, VCDF, and gun rights journalist John Crump secured a preliminary injunction in Crump v. Katz, our lawsuit against Virginia’s so-called Assault Weapons Ban. This injunction prevents the Virginia State Police from enforcing the challenged gun and magazine bans while our case continues through the court system. Virginia gun owners cannot let up … Read mo...
VA: VICTORY – GOA & VCDL Secure a Preliminary Injunction in “Assault Weapons” Ban Challenge -
Gun Owners Foundation, Gun Owners of America, and VCDL have secured a preliminary injunction in Crump v. Katz, our lawsuit against Virginia’s so-called Assault Weapons Ban! This injunction prevents the Virginia State Police from enforcing the challenged gun and magazine bans while our case continues through the court system. As it currently stands, the temporary injunction extends the enforceme...
Banking Dive
SoFi enters small-business loan market -
“For many of our members, their financial lives do not stop at personal goals, they also include the businesses they are building,” said SoFi CEO Anthony Noto.
EagleBank to pay $9.7M to resolve BSA violations -
The Bethesda, Maryland-based lender admitted to knowingly letting customers engage in a check fraud scheme, and to having lax anti-money laundering controls for more than a decade.
Ramp elevates CTO to co-CEO -
“If you know us, this won’t feel like a change,” wrote Eric Glyman of fellow co-founder Karim Atiyeh’s move to the top of the fintech.
Klarna wins $2B Google antitrust case -
A Swedish court ruled Wednesday that the tech giant had violated antitrust laws in price comparison, harming a Klarna-owned European competitor.
Banks, card networks, fintechs partner on ‘low-cost’ stablecoin -
More than 140 businesses, including BNY, Visa and Coinbase, lent their backing to a digital asset launched Tuesday by Open Standard, a consortium led by Bridge CEO Zach Abrams.
American Banker
Bank of International Settlements
What makes money, money? Ensuring trust in the next generation financial ecosystem -
Remarks by Ms Andréa M Maechler, Deputy General Manager, Bank for International Settlements (BIS), at the Point Zero Forum, Zurich, 24 June 2026.
Timur M Suleimenov: Statement - base rate of the National Bank of Kazakhstan -
Statement by Mr Timur M Suleimenov, Governor of the National Bank of Kazakhstan, on the base rate of the National Bank of Kazakhstan, Astana, 5 June 2026.
Zhu Hexin: New landscape of global capital flows and China's high-level opening-up -
Keynote speech by Mr Zhu Hexin, Deputy Governor of the People's Bank of China and SAFE Administrator, at the 2026 Lujiazui Forum, Shanghai, 17 June 2026.
Federal Reserve - Press Releases
FDIC - Press Releases