Kitco News
Gold rallies above $4,350 as oil prices tumble, but analysts say recovery is not complete -
(Kitco News) - The gold market is seeing some solid follow-through buying at the start of the week, as prices have rallied more than 3% early in the North American trading session.
Gold and silver rally after Iran-U.S. deal, but face headwinds from rate hike expectations – Heraeus -
(Kitco News) – Gold and silver prices are rallying along with equities as markets digest the ceasefire deal between the United States and Iran, but elevated inflation is acting as a persistent headwind for the precious metals as rate expectations adjust to price increases, according to precious metals analysts at Heraeus.In their latest update, the analysts noted that gold continued to decline ...
Gold, silver rally as Hormuz risk shifts from oil shock to rate relief - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are firmer and spot silver prices are sharply higher in early U.S. trading Monday, as the U.S.-Iran framework deal to reopen the Strait of Hormuz cut crude prices, eased inflation-risk pricing and softened the U.S. dollar.
Gold prices holding near session highs as Empire State Survey falls to 5.7 in June -
(Kitco News) - After a solid gap higher at the start of the new trading week, gold is holding near its session highs as the Federal Reserve Bank of New York reported slowing activity in its manufacturing region, along with rising input prices.
Wall Street retreats to the sidelines ahead of the Fed, Main Street breaks bearish after gold tests $4,000/oz -
(Kitco News) – Gold prices saw another turbulent week, as early safe-haven support faded into a sharp midweek selloff after hotter U.S. inflation data, renewed Middle East fighting, and rising Fed rate-hike expectations pushed prices to the $4,000 support level before the yellow metal reclaimed $4,200 on a late-week bounce.
Gold's inflation problem could become its next bullish trigger -
(Kitco News) - It has been another frustrating week for gold investors, with prices now falling into bear market territory. But beneath the surface, the macro backdrop may be shifting in a way that could eventually turn a near-term headwind into a longer-term tailwind.
Precious metals firm as crude slides, stocks rise on U.S.-Iran talks - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are firmer and spot silver prices are also higher after the close Friday, as oil prices fell on U.S.-Iran deal hopes, Treasury yields ended the week lower and U.S. equities rose into the weekend.
Gold holds key $4,000 support as analysts watch for signs of a bottom -
(Kitco News) - After slipping into official bear market territory this week, gold and silver are starting to attract new attention. But while both precious metals managed to hold critical support, some analysts are saying that investors should only be testing the waters as they wade back in.
China sees ETF outflows, falling wholesale demand in May, but PBoC continues outsized purchases amid lower prices – WGC’s Jia -
(Kitco News) – Gold prices slid lower in May as China saw the end of an eight-month streak of ETF inflows, all while wholesale demand fell sharply, but the country’s central bank continued to stock up on bullion, according to Ray Jia, research head for China at the World Gold Council (WGC).In the WGC’s latest China gold market update, Jia noted that international and domestic gold prices ended ...
CME to offer 24/7 gold and oil trading -
(Kitco News) - Geopolitical uncertainty doesn’t take the weekend off, and neither will gold and oil futures as the CME prepares to launch 24/7 trading.
Zero Hedge
US Property Foreclosure Filings Increase 14% Year Over Year -
US Property Foreclosure Filings Increase 14% Year Over Year
Authored by Naveen Athrappully via The Epoch Times,
There were a total of 40,355 U.S. properties with foreclosure filings in May—down 5 percent month-over-month but up by 14 percent compared to the same period in 2025.
“The increase marks the continuation of a trend of rising foreclosure activity on an annual basis,” rea...
Three Factors Leave Salty-Snack Demand Stale -
Three Factors Leave Salty-Snack Demand Stale
UBS analyst Peter Grom, who covers U.S. consumer staples including packaged food, beverages, and household products, served up a sour outlook for the salty-snack category, warning that the recovery investors had hoped for remains further out than expected.
"Despite recent optimism around a potential recovery in salty snacks, our analysi...
"Dangerous Precedent Of Censorship And Sanitization": Biden-Appointed Judge Enjoins Removal Of Slavery And Climate Displays -
"Dangerous Precedent Of Censorship And Sanitization": Biden-Appointed Judge Enjoins Removal Of Slavery And Climate Displays
Authored by Jonathan Turley,
George Santayana famously said that those who ignore history are doomed to repeat it. The same is true for judicial overreach. Those judges who yield to the temptation to counter policies that are not to their liking are likely to...
Could Trump's Fable 5 Export Curbs Slow China's AI Model Race -
Could Trump's Fable 5 Export Curbs Slow China's AI Model Race
The biggest AI story to start the week is the Trump administration's decision to place export controls on Anthropic's Fable 5 and Mythos 5 models, forcing Dario Amodei's frontier AI lab to restrict foreign access.
The move comes as Chinese open-source models have been rapidly closing the compute gap with U.S. labs. Anth...
What Could Break The Bull Market This Summer -
What Could Break The Bull Market This Summer
Authored by Lance Roberts via RealInvestmentAdvice.com,
Key Takeaways
After nine straight up weeks, the bull market pullback we flagged finally arrived, and it stopped cold at the 50-day moving average.
The selloff reset an overbought tape without breaking trend. RSI fell from above 70 to the low 40s, and Thursday’s bounce came ...
Apollo Picks Austin Over New York As Wall Street's Migration South Continues -
Apollo Picks Austin Over New York As Wall Street's Migration South Continues
It's not just Citadel that's moving out of New York.
Apollo Global Management has chosen Austin, Texas, as its second headquarters, according to sources familiar with the decision. The firm, which manages about $1 trillion in assets, evaluated Austin, Miami, Palm Beach, and Nashville before CEO Marc Rowan...
America's Largest Wind Farm To Begin Operations This Month -
America's Largest Wind Farm To Begin Operations This Month
Authored by Naveen Athrappully via The Epoch Times,
The SunZia Wind Project, the largest wind farm in the United States, is scheduled to kick off operations this month, roughly three years after construction activities began on the project, the Energy Information Administration (EIA) said in a June 12 statement.
“The wind...
Trump Details Iran Deal At G7: No Nukes, Conditional Sanctions Relief -
Trump Details Iran Deal At G7: No Nukes, Conditional Sanctions Relief
Summary:
Iran will not have a nuclear weapon under the new deal.
The agreement includes strong policing and enforcement powers.
Trump: Obama’s JCPOA was a horrible deal that led toward a bomb.
Past U.S. payments to Iran were a failed bribe attempt.
Sanctions relief will only happen if Iran complies with term...
U.S.-Iran Deal Doesn't Mean A Swift Return Of Oil And Gas Flows -
U.S.-Iran Deal Doesn't Mean A Swift Return Of Oil And Gas Flows
Authored by Tsvetana Paraskova via OilPrice.com,
A U.S.-Iran agreement could reopen the Strait of Hormuz, but shipping and production will not immediately return to normal.
More than 10 million bpd of Middle Eastern oil production has been shut in, and some fields may take months to restart fully.
Iraq faces a slowe...
First LNG Tanker Crosses Hormuz After Deal Announcement As Most Ship Managers Remain Cautious -
First LNG Tanker Crosses Hormuz After Deal Announcement As Most Ship Managers Remain Cautious
An LNG carrier successfully passed through the Strait of Hormuz early on Monday, the first tanker carrying energy products to clear the chokepoint since the U.S. and Iran announced a deal to reopen the Strait later this week, according to OilPrice.com
While tanker owners and operators rem...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Singapore's central bank offers gold vaulting to other central banks and bullion banks -
By Timothy GohThe Straits Times, SingaporeMonday, June 15, 2026
Foreign central banks and sovereign entities will be able to store their gold reserves with the Monetary Authority of Singapore from October as Singapore strengthens its position as a regional hub for gold trading and storage.
This will complement the republic's commercial vaulting capacity, which exceeds 2,000 tonnes and serves ma...
Matthew Piepenburg: Who wins gold's race against the dollar? -
By Matthew PiepenburgVon Greyerz / Gold Switzerland, ZurichMonday, June 15, 2026
Gold. It began the year with galvanic headlines and endless coverage.
Now, midway through that same year, having lost more than 25% from its January high of $5,600, many are wondering if peak gold is behind us in the wake of just another broken asset bubble.
Such concerns are understandable, even expected -- especi...
There are still no markets anymore, just interventions -
12:20p Monday, June 15, 2026
Dear Friend of GATA and Gold:
Quoth the Raven's Chris Irons, whose brilliant diagnosis of the wealth inequality problem was published over the weekend and called to your attention here --
https://www.gata.org/node/24758
-- today marvels at the resilience of what the world still somehow calls its financial markets. His analysis, highlighted by ZeroHedge, is headlined...
Singapore to launch gold clearing system in bid to become precious metals hub -
By Owen WalkerFinancial Times, LondonSunday, June 14, 2026
Singapore will launch an over-the-counter clearing system for gold this year, along with a vault service for central banks, as the city-state attempts to establish itself as a global trading hub for precious metals.
Several international banks, including JPMorgan, Deutsche, and DBS, will take part in the system, deputy prime minister Ga...
LBMA may make morning gold auction earlier to suit Asian traders -
By Yihui Xie and Preeti SoniBloomberg NewsMonday, June 15, 2026
The London Bullion Market Association is considering moving its morning gold auction to an earlier time to accommodate traders in Asia.
The potential shift would be "to reflect and to allow price discovery within the Asian time frame," LBMA Chief Executive Officer Ruth Crowell said today. This is "something that I know the market h...
Wolf Street
CoinDesk
Hyperliquid loses Anthropic, OpenAI markets as creator shuts down project -
Ventuals, one of the teams behind real-world asset perpetuals on Hyperliquid, said it is closing its markets and joining another project in the ecosystem.
If America wants to lead in crypto, it must protect the people who build it -
Despite the Clarity Act’s advancement toward the finish line, there’s one provision under threat for builders that can’t be overlooked, argues Smith.
‘Crypto spring’ is here, says one analyst after bitcoin's key signals turn bullish -
Standard Chartered analyst Geoffrey Kendrick's bullish call comes as spot bitcoin exchange-traded fund inflows return, oil prices fall and Coinbase's CEO says bitcoin likely bottomed near $60,000.
Kraken debuts U.S. perpetual futures as crypto derivatives move onshore -
Perpetual futures generated more than $60 trillion in volume last year, according to the crypto exchange, largely outside the U.S.
Coinbase's Brian Armstrong says bitcoin may have bottomed at $60,000 -
Armstrong said his instinct is that bitcoin has probably found its floor, pointing to the four-year cycle that has historically marked lows.
XRP rockets 8% above $1.20 in first major breakout since June selloff -
Heavy volume pushed XRP through multiple resistance levels, with traders now focused on whether the rally can extend toward $1.30 after weeks of defensive positioning.
CoinDesk 20 performance update: Bittensor (TAO) surges 31.9%, leading index higher -
Near Protocol (NEAR), up 22.2% from Friday, was also a top performer.
Bitmine adds another $136 million of ether after raising $274 million in preferred stock sale -
Tom Lee's Ethereum treasury firm, through the preferred stock sale, is using a financing tool pioneered by Michael Saylor's bitcoin treasury firm Strategy.
Michael Saylor's Strategy acquires another 1,587 bitcoin for $100 million -
The latest purchase was made at an average price of $63,024 per bitcoin.
Markets cheer U.S.-Iran Breakthrough though Middle East risks, Fed remain in focus -
Your day-ahead look for June 15, 2026
bitcoin.com
50-Person Nostrum Team Gives IREN Europe Foothold as AI Cloud Demand Fuels Stock -
IREN Limited completed its acquisition of Spain-based Nostrum Group on Monday, adding 490 megawatts of secured, grid-connected power as the bitcoin miner accelerates its expansion into AI cloud infrastructure. The deal marks IREN’s entry into Europe and gives the Nasdaq-listed company a Spanish platform for artificial intelligence data center development. Nostrum Group, formally Ingenostrum, S....
MiCA Deadline Looms: Up to 75% of EU Crypto Firms Risk Losing Their License on July 1 -
The European Union’s transition period under its landmark crypto framework ends July 1, after which an estimated three-quarters of regional crypto companies could be barred from serving EU customers without full authorization. A Hard Deadline for Europe’s Crypto Industry The transitional period under the EU’s Markets in Crypto-Assets (MiCA) regulation will officially expire on July […]
Bitcoin Jumps Above $67,000 as US-Iran Deal Triggers $198M Short Liquidations -
A geopolitical breakthrough between the U.S. and Iran has triggered a massive global market relief rally, headlined by bitcoin rebounding past $67,000 and a decline in crude oil prices. Diplomacy Defuses Strait of Hormuz Energy Crisis Bitcoin breached the $67,000 mark for the first time in nearly two weeks as global markets welcomed the announcement […]
Musk Says SpaceX Could Hit $1 Trillion in Revenue by 2030 as Pompliano Pushes for Tesla Merger -
Elon Musk has projected that SpaceX could generate roughly $1 trillion in annual revenue by 2030, days after the company’s record initial public offering (IPO), while investor Anthony Pompliano publicly urged Musk to merge Tesla and SpaceX into a single company. A Trillion-Dollar Projection Elon Musk said SpaceX’s revenue could reach about $1 trillion a […]
TRON DAO Participates in ETHConf and Hosts TRON Academy powered by niTROn at ETHGlobal New York 2026 -
PRESS RELEASE. Geneva, Switzerland, June 15, 2026 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), participated in ETHConf, held June 8–10 in New York, organized by ETHGlobal. TRON DAO also extended its presence throughout the week with a dedicated TRON Academy Happy […]
Reason
Colorado Becomes Second State To Create Right to an Attorney When Police Seize Your Property -
A bill tightening Colorado's civil asset forfeiture laws passed the state legislature by wide bipartisan margins and was signed into law by Gov. Jared Polis.
SCOTUS To Newman: Drop Dead -
The 98-year old life-tenured judge loses her final appeal.
The White House vs. Anthropic's New AI Model -
The government says this is about national security. But given the history—and ongoing litigation—between the White House and Anthropic, something more may be going on.
Trump's Lawyers Insist There Is 'No Evidence' of 'Collusion or Fraud' in His 'Settlement With Myself' -
The sweet deal that resolved the president's fatally flawed lawsuit against the IRS was business as usual at the DOJ, his attorneys told a federal judge.
The Iran War Is Over, For Now -
The U.S. and Iran have moved to the next stage of the peace process. Hawks on all sides are terrified that it will succeed.
New in Civitas: "Our American Legal Tradition Is Not the Warren Court's Tradition" -
"Which tradition prevails: the first 175 years when the people were allowed to govern themselves, or the last 75 years when we lived under judicial rule?"
The Art of the Deal -
Plus: Anthropic vs. the government, Knicks win, bread and circuses, and more...
Two New Large Libel Models Lawsuits, Though Alleging Mischaracterization Rather Than Outright Hallucination -
They are, by my count, the 8th and 9th such claims filed in U.S. courts.
Congress Should Be in No Rush To Renew FISA's Section 702 Surveillance Powers -
It’s long past time to open federal surveillance powers to scrutiny and reform.
Today in Supreme Court History: June 15, 1804 -
6/15/1804: The 12th Amendment is ratified.
The post Today in Supreme Court History: June 15, 1804 appeared first on Reason.com.
Cato Institute
Tenth Amendment Center
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.
It’s not Treason. It’s Self-Defense. -
“For transporting us beyond seas, to be tried for pretended offences.” From the Declaration of Independence, one of the charges against the King that justified secession. It was built on a violent American raid on the British few of us are ever taught about. In the early hours of June 10, 1772, a band of Rhode Islanders rowed out in the dark, shot and seriously wounded a Royal Navy commander, c...
A Nation of Suspects -
Some of the recent legal challenges to the use of surveillance by the Department of Homeland Security upon Americans have resulted in the revelation of truly terrifying behavior by the government, in direct defiance of the Fourth Amendment to the Constitution. We now know that the federal government spies on innocent Americans without suspicion and […]
The post A Nation of Suspects appeared fir...
Electronic Frontier Foundation
Victory! 702 has Expired! -
Section 702 of the Foreign Intelligence Surveillance Act lets US intelligence agencies collect communications from foreigners abroad without a warrant, and routinely sweeps in Americans’ emails, messages, and calls in the process.
The authority for this program is set to expire Friday, June 12th, 2026, at midnight. As we wrote earlier this week, Congress has been kicking the ball down the road ...
Yes to California's Bill to Ban Surveillance Pricing -
Corporations harvest and monetize ever-growing amounts of our personal data, such as our browsing history and physical location. One bitter fruit of this poisonous tree is known as “surveillance pricing”: corporations offer the same product to two different people at two different prices, based on scrutiny of these people’s respective personal data.
Surveillance pricing is bad for privacy, equi...
‘News’ Site Keeps Hallucinating EFF Staffers -
What do EFF staffers Sarah Chen, Javier Morales, Caitlin Chin, Emma Rodriguez, and Mikko Kopponen have in common?
For one thing, they don’t exist.
For another, all have been quoted as EFF experts in articles published in the past two months on a site called News-USA Today, which describes itself as “an independent news publisher focused on clear, accurate, and useful journalism.”
Uh…
(Pleas...
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
IL: Stop Illinois’ Backdoor Handgun Ban – TAKE ACTION -
Anti-gun lawmakers in Springfield are trying to move HB 4471, the so-called “Responsible Gun Manufacturing Act,” out of the House Rules Committee. This bill isn’t about stopping violent criminals. It’s a backdoor ban aimed at common semiautomatic pistols, including many Glock-style handguns. HB4471 originally sought to criminalize the manufacture, sale, purchase, receipt, import, or transfer of...
Gun Owners of America Endorses Byron Donalds for Florida Governor -
Gun Owners of America Endorses Byron Donalds for Florida Governor FOR IMMEDIATE RELEASE June 11, 2026 TALLAHASSEE, FL — Gun Owners of America (GOA) proudly endorses U.S. Congressman Byron Donalds for Governor of Florida. As both a former Florida state lawmaker and a current member of Congress, Byron Donalds has compiled a perfect pro-Second Amendment record. As a freshman state representat...
Gun Owners of America & Fuerza 2A Proudly Endorses James Uthmeier for Florida Attorney General -
Gun Owners of America & Fuerza 2A Proudly Endorses James Uthmeier for Florida Attorney General June 9, 2026 TALLAHASSEE, FL — Gun Owners of America & Fuerza 2A are proud to endorse James Uthmeier for Florida Attorney General, citing his proven record of defending the Second Amendment and standing with law-abiding gun owners. As Florida’s Attorney General, Uthmeier has used … Read more
Banking Dive
American Banker
Bank of International Settlements
BIS Quarterly Review, June 2026 -
Central banks have begun recalibrating their lending operations to bolster market resilience given shifts in the demand for liquidity.
Most currency trades are settled in ways that avoid or minimise settlement risk, but more work is needed to mitigate risks.
Credit supply in the wake of distressed bank acquisitions -
by Ryan Niladri Banerjee, Francisco González, José E Gutierrez, José María Serena GarraldaThis paper examines the credit supply effects of sale-of-business (SoB) bank resolutions under the post-Global Financial Crisis regulatory framework, focusing on the resolution of a major Spanish bank. We provide the first micro-level evidence of how an SoB resolution reshapes credit allocation. The acquir...
The anatomy of stablecoin transactions -
by Fabian Schär, Anneke Kosse, Tara Rice, Takeshi Shirakami, Jirapat SiridhasanakulStablecoin transfers are often interpreted as payments. On programmable blockchains, however, they are frequently embedded in atomically executed transaction bundles that combine trading, lending, arbitrage, liquidity provision, and settlement. We show that ignoring this structure materially distorts the interpre...
Federal Reserve - Press Releases
FDIC - Press Releases