Kitco News
Gold falls as oil jumps on U.S.-Iran deadlock - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are lower after the close Monday, as crude oil jumped, Treasury yields firmed and U.S.-Iran negotiations remained unresolved.
Iran war volatility has boosted commodities across the complex, and gold, oil and base metals prices will rise even after a deal - UBS -
(Kitco News) – U.S.-Iran negotiations remain the most important driver of commodity markets in the near term, and an allocation to commodities can help investors hedge against inflation and energy supply shocks over the medium term, according to Giovanni Staunovo, commodity analyst at UBS.In a new update published Monday, Staunovo wrote that commodity market volatility is likely to remain eleva...
BMO warns weakening Chinese solar demand could weigh on silver prices -
(Kitco News) - The growing energy crisis due to the ongoing war in Iran is driving renewed interest in alternative energy, including solar power, which should provide some support for silver this year.
Silver is leaving the U.S. as physical bullion market restructures - Scottsdale Mint’s Phair -
(Kitco News) - Silver is moving out of the United States and into tighter overseas markets, even as futures prices react to geopolitical headlines, according to Josh Phair, CEO of Scottsdale Mint and The Wyoming Reserve.Speaking with Kitco News on May 27 as gold traded near $4,400 an ounce and silver fell more than 3%, Phair said the physical market was showing a different picture than the day’...
Gold prices captive to Iran headlines, silver faces critical test at $70/oz – Heraeus -
(Kitco News) – Gold and silver prices are trapped in the range established earlier in the U.S.-Iran conflict, while high prices and new import duties are impacting key areas of the Asian market, according to precious metals analysts at Heraeus.In their latest update, the analysts noted that gold prices continue to be dominated by shifting Iran-U.S. negotiations.
Spot gold trades near $4,460/oz after ISM Manufacturing PMI rises to 54 -
(Kitco News) - Gold is trading near session lows after the latest data showed the U.S. manufacturing sector beating expectations last month, with prices also moderating in May.The Institute for Supply Management (ISM) announced on Monday that its Manufacturing Purchasing Managers Index rose to 54 in May, its highest reading since May 2022, after posting a 52.7 reading in April. The headline num...
Fed trapped between inflation and debt crisis, and gold wins either way - Sprott's McIntyre -
(Kitco News) - Despite gold’s recent disappointing price action, the precious metal’s long-term bull case has rarely looked stronger, as the Federal Reserve faces an increasingly impossible balancing act between inflation, economic growth, and rising sovereign debt risks, according to one fund manager.
Silver firms while gold slips on Hormuz uncertainty - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are lower and spot silver prices are firmer in early U.S. trading Monday, as a stronger U.S. dollar and higher oil prices weighed on bullion while silver held a positive session.
Wall Street flips firmly bullish after gold’s late-week recovery, Main Street sentiment sours with jobs data on deck -
The latest Kitco News Weekly Gold Survey showed Wall Street feeling fresh optimism about gold’s near-term prospects, while Main Street sentiment slid into bearish territory despite gold’s late-week rebound.
Gold rises, silver slips as oil falls on Iran deal hopes - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are higher and spot silver prices are lower after the close Friday, as a sharp monthly drop in crude oil reduced inflation pressure while a firmer U.S. dollar kept silver under pressure.
Zero Hedge
Hezbollah & IDF Trade Fire Amid Nominal Ceasefire, As Trump Says Iran Deal Coming 'Over Next Week' -
Hezbollah & IDF Trade Fire Amid Nominal Ceasefire, As Trump Says Iran Deal Coming 'Over Next Week'
Various regional and international reports have documented serious ongoing fighting in Lebanon, despite President Trump the day prior having declared that the shooting will cease and that Hezbollah and Israel were forging a limited ceasefire. Trump had said of both sides that "they ag...
US Futures Dip As Questions Mount Over Relentless Tech Rally, Lack Of Peace Progress -
US Futures Dip As Questions Mount Over Relentless Tech Rally, Lack Of Peace Progress
Futs are weaker but well off their overnight lows as the US is set to lag its global peers; according to JPM investors will need to watch to see if there is a beginning of a larger rotation similar to Jan-Feb or perhaps a slight pullback following the US’s multi-week run. As of 8:00am ET, S&P future...
Marvell Soars After Nvidia CEO Says Chipmaker Is Headed For Trillion-Dollar Club -
Marvell Soars After Nvidia CEO Says Chipmaker Is Headed For Trillion-Dollar Club
Computex 2026 in Taipei is underway for the second day.
Let's begin with Monday's wrap-up of the event:
Nvidia CEO Declares AI PC Reinvention A "New Beginning" On Par With Smartphone Shift
AI, Chips, Humanoid Robots: Top Takeaways From Computex 2025
There was no shortage of fireworks on day ...
Britain's White 'George Floyd' Moment? -
Britain's White 'George Floyd' Moment?
Update: Vickrum Singh Digwa, 23, received a life sentence with a 21-year minimum on Monday for the murder of 18-year-old Henry Nowak.
Judge William Mousley describes Nowak as a “much-loved, kind, hard-working and ambitious young man, devoted to his family and with a bright future.”
Mousley includes agonizing testimony from Nowak’s family: No...
Another Hurricane Season Is Underway: What To Know -
Another Hurricane Season Is Underway: What To Know
Authored by T.J.Muscaro via The Epoch Times,
June 1 marked the start of yet another hurricane season for the Atlantic Ocean, Caribbean Sea, and Gulf of America.
The National Oceanic and Atmospheric Administration (NOAA) is forecasting a lower-than-average number of named storms between now and Nov. 30 thanks to “El Niño.” This...
Abivax Crashes Most On Record After Cancer Cases In Trial Data Spooks Wall Street -
Abivax Crashes Most On Record After Cancer Cases In Trial Data Spooks Wall Street
French biotech Abivax suffered its largest intraday decline on record after reporting new data on its lead experimental inflammatory bowel disease drug, which showed cancer cases among patients in the clinical trial. The new data certainly point to regulatory headwinds and raise the risk profile for a...
Trump Slashes Tractor Tariffs In Bid To Revive Ag Belt Optimism -
Trump Slashes Tractor Tariffs In Bid To Revive Ag Belt Optimism
The Trump administration appears to be trying to inject new optimism across the nation's farm belt following the China meeting last month, during which Beijing committed to making billions of dollars of new purchases of U.S. agricultural goods. The White House's latest move is to reduce tariffs on tractors and combine...
Net Zero & Statism Deliver Stagnation: How Interventionism Undermined Growth In The UK & Canada -
Net Zero & Statism Deliver Stagnation: How Interventionism Undermined Growth In The UK & Canada
Authored by Daniel Lacalle,
Governments are terrible at picking winners and even worse at choosing losers. Net zero and interventionist “Keynesian” policies in Canada and the UK have proven that government intervention has created a worse outcome than anyone would have expected. The res...
Trump Reportedly Ripped Netanyahu In Phone Call, Demanded Lebanon Truce: 'You're F**king Crazy, I'm Saving Your Ass' -
Trump Reportedly Ripped Netanyahu In Phone Call, Demanded Lebanon Truce: 'You're F**king Crazy, I'm Saving Your Ass'
Summary
Axios reports angry call between Trump and Netanyahu; Trump is said to have told Netanyahu "you’re fucking crazy’" while demanding Lebanon truce: "I’m saving your ass,"
Trump has announced the "shooting will stop" in Lebanon, after phone calls with both sid...
Tesla Posts Strong Registration Growth Across Europe In May -
Tesla Posts Strong Registration Growth Across Europe In May
Tesla showed signs of regaining momentum in Europe during May, posting strong registration growth across several major markets, according to Reuters. New registrations climbed to 1,750 vehicles in Denmark (+136%), 1,690 in Spain (+113%), and 858 in Sweden (+71%), based on data released by local industry groups.
Reuters wr...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Gold replaces U.S. Treasuries as top reserve asset, ECB says -
By Olaf Storbeck and Leslie HookFinancial Times, LondonTuesday, June 2, 2026
Gold has overtaken U.S. government bonds as the top reserve asset following years of relentless buying by central banks and a historic rally that has seen prices nearly double over the past two years.
Bullion accounted for 27% of all central bank reserve assets at the end of 2025, up from 20% a year earlier, according ...
Barrick weighs London listing as it negotiates sale of Africa business, sources tell Reuters -
By Divya Rajagopal and Clara DeninaReutersMonday, June 1, 2026
TORONTO -- Barrick Mining, a leading gold miner, is weighing a possible London listing for its African business, with a potential all-share transaction with UK-listed Endeavour Mining seen as one option under consideration, two sources familiar with the matter told Reuters.
Discussions are at an early stage and no decision has been...
Activist fund Elliott calls for sale of Australia's largest gold miner -
By Nic FildesFinancial Times, LondonTuesday, June 2, 2026
SYDNEY -- U.S. activist hedge fund Elliott Management has called for Australia's largest gold miner to put itself up for sale after building a significant stake in the underperforming company in recent months.
The value of Northern Star Resources, which owns the giant Fimiston "super pit" gold mine in Kalgoorlie, Western Australia, has c...
Sound Money Defense League applauds Trump's new call for gold audit, urges action on transparency act -
From the Sound Money Defense LeagueEagle, IdahoSunday, May 31, 2026
Following President Donald Trump’s Truth Social post declaring "Time to Audit Fort Knox," the Sound Money Defense League today urged Congress to take immediate action on the Gold Reserve Transparency Act, which is pending in both the U.S. House and Senate.
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Trump renews call for audit of Fort Knox after $40 million gold arrest -
By Mehab QureshiThe Street, New YorkSunday, May 31, 2026
President Donald Trump wants someone to go count the gold at Fort Knox.
It was attached to a New York Post story headlined "Former CIA official arrested after feds find $40M worth of gold bars stashed at his home." The post drew more than 10,000 likes.
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Wolf Street
As Prices Spike, Manufacturing Expands at Fastest Rate in 4 Years, Orders Surge, Supplier Deliveries Slow -
Amid improved automation and efficiencies, production rises, but employment doesn’t, or only a little.
US Government Sold $742 billion of Treasury Securities last Week. T-bill Yields now Below Surging Inflation. Bond Market Bets on Rate Hikes -
The Fed is behind the curve, the bond market is saying, and it’s going to hike belatedly starting later this year, whether it wants to or not.
The Magnitude of the Numbers Is just Mindboggling: 12 U.S. Companies, $30 Trillion -
But if they pop: There are only so many trillions that can vanish from portfolios before it triggers a recession.
Legal Tender News
These Countries May Be Next To Accept Bitcoin as Legal Tender -
One of the main knocks against cryptocurrency has always been that it will never gain universal adoption, meaning its usefulness will always be limited. This perhaps changed forever on September 7, ...
Legal Tender Forces Gold Out -
The government has many ways of forcing us to use their paper dollar as money. The tax on capital gains on gold (I wrote about this here) is one bullet in their gun. The legal tender law—U.S. Code ...
Federal Reserve Note: What It Is, Longevity, and Key Features -
Discover what Federal Reserve notes are, their lifespan, and key features that make them secure and essential as the official paper currency of the U.S.
Next week El Salvador will become the first country to accept bitcoin as currency -
The government even went a step further in promoting the cryptocurrency’s use by giving $30 in free bitcoins to citizens who sign up for its national digital wallet, known as Chivo, or “cool” in ...
Arkansas Passes Legal Tender Act, Removes Taxes on Gold and Silver -
Arkansas Governor Signs Senate Bill 1718, Reaffirming Gold and Silver as Legal Tender and Removing All Tax Liability from the Monetary Metals LITTLE ROCK, AR / ACCESSWIRE / April 20, 2023 / Sound ...
CoinDesk
Live markets: bitcoin's plunge continues, putting February $60,000 low back in play -
Google overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into AI (and not crypto).
Stellar CEO says Clarity Act would help, but tokenization isn't dependent on it -
DTCC’s decision to connect its tokenized securities platform to Stellar marks a new phase of institutional adoption for public blockchains.
Strive adds 2,500 bitcoin to hit 19,000 BTC just a day after Strategy turns seller -
Benchmark's Mark Palmer also initiated coverage of the stock with a Buy rating and $32 price target as ASST shares fell about 4% pre-market.
Bitcoin ETF outflows are noise as Wall Street doubles down on crypto, says analyst -
Recent Bitcoin ETF outflows look dramatic in headlines, but Bloomberg Intelligence's Eric Balchunas says the broader adoption story remains intact.
Bitcoin derivatives markets flashing warning signs as price plunges below $70,000 -
Open interest has risen to 773,000 BTC, one of the highest readings on record, while funding rates remain elevated despite weak spot demand and growing market fear.
Tom Lee calls Strategy's bitcoin sale classic bottom behavior -
Bitmine Immersion Technologies chairman said minor sales from key holders and institutional outflows are typical market bottom behaviors rather than structural threats.
Symbiotic aims to make tokenized assets easier to cash out with new liquidity network -
Liquid Lane aims to solve a key bottleneck that is holding back growth of tokenized funds and credit: long redemption times, Symbiotic cofounder Misha Putiatin said.
Ripple’s dollar stablecoin expands to Turkey through three local platforms -
BiLira, Bitexen and Bitlo will make Ripple’s RLUSD stablecoin available to Turkish institutions.
Bitcoin's slide may have more to do with AI than Strategy -
Your day-ahead look for June 2, 2026
Bitcoin drops toward $69,000 as Saylor sale spooks investors while AI tokens buck the trend -
The price of bitcoin fell to its lowest since April 7 as Strategy's sale dented sentiment, while AI tokens H and NEAR surged and DeFi TVL hit a 20-month low.
bitcoin.com
Mt Gox Moves $953 Million in Bitcoin After Eight-Month Pause -
The defunct Mt Gox exchange transferred roughly 10,608 BTC, worth about $953 million, to a new wallet, its first large-scale bitcoin movement in eight months and a shift that revived concerns over creditor repayments. The First Big Move in Many Months A Mt Gox-labeled cold wallet moved about 10,608 BTC, valued at roughly $953 million, […]
Solana Tops All Blockchains With $91 Million in May App Revenue, Beating Ethereum -
Solana generated $91 million in application revenue in May, more than any other blockchain and ahead of Ethereum’s $52 million, according to data shared by Defillama. Solana out-Earns Every Layer 1 and Layer 2 Solana booked $91 million for the month, placing it ahead of the Hyperliquid L1 at $53 million, Ethereum at $52 million, […]
Ripple Unlocks 1 Billion XRP for June as US Spot ETFs Log Record $118 Million in May Inflows -
Ripple released 1 billion XRP from escrow at the start of June, the latest in its monthly unlock schedule, even as U.S. spot exchange-traded funds (ETFs) tied to the token posted their strongest month of 2026 with $118.29 million in net inflows. A Routine Unlock Meets Record ETF Demand Ripple, the company that uses the […]
Bitcoin Traders Lose $455M on Long Bets as BTC Dips Below $70,000 -
Bitcoin dropped below $70,000 to an eight-week low of $69,390, wiping out $4,000 in value over 48 hours and temporarily pushing its market cap below $1.4 trillion. Massive Liquidations Rock Crypto Traders Bitcoin ( BTC) continued to plunge Tuesday morning, dropping below $70,000 as the fallout from Strategy’s sale of 32 bitcoins continued to rock […]
Brazil’s B3 Readies Tokenized Stocks for H2 2026, But Says Direct Trading Will Have to Wait -
B3, the Brazilian stock exchange, will develop a digital twin of its depository database in a blockchain in preparation for a potential inclusion of these into the traditional financial system. B3 also expects to launch B3RL, a Brazilian real stablecoin, later this year. B3 Takes First Steps to Tokenize Stocks B3, Brazil’s stock exchange, is […]
Reason
Cato Institute
Tenth Amendment Center
Refuse to Comply: Madison’s Blueprint to Stop the Feds -
“A refusal to cooperate.” That’s the strategy James Madison gave us to stop federal programs. In Federalist #46, he laid out a series of steps to combat “unwarrantable measures of the federal government” along with those that are “warrantable” but “unpopular.” In other words, we can use his blueprint to combat unconstitutional acts, as well […]
The post Refuse to Comply: Madison’s Blueprint to ...
They’re not Saving America. They’re Killing it. -
Written almost 300 years ago, it was so prophetic, it sounds like it was written today. A warning about the dangerous cult that promises to protect your country - but is really killing it. On this episode, it’s the true enemy within, destroying freedom.
The post They’re not Saving America. They’re Killing it. appeared first on Tenth Amendment Center.
This Isn’t Rebellion. It’s Survival. -
“Unconditional submission” or “resistance by force.” Thomas Jefferson, John Dickinson, and the Second Continental Congress said those were their two terrible options less than 3 months after the battles of Lexington and Concord. Live on their knees or fight to the death. They chose the latter. On this episode, it’s one of the most important, but forgotten and ignored documents of the American R...
Electronic Frontier Foundation
Welcome New EFF Executive Director Nicole Ozer -
EFF welcomes our new Executive Director Nicole Ozer today!
Nicole is a legal expert on privacy and surveillance, artificial intelligence, and digital speech who previously served as the inaugural executive director of the Center for Constitutional Democracy at UC Law San Francisco. From 2004-2025, she was founding director of the Technology and Civil Liberties Program at the American Civil Lib...
One Step Forward, Two Steps Back: CA's AB 1856 Exempts Open Source But Expands Age-Gating -
After public outrage, California lawmakers are moving closer to exempting open-source operating systems from the sweeping age-bracketing regime mandated by last year’s Digital Age Assurance Act (AB 1043). Nonetheless, the current bill still jeopardizes internet users’ speech, privacy, and security.
While the open source exemption, if passed, would improve the law, the remaining amendments propo...
Age Verification is a Privacy Nightmare -
In the rush to block young people from certain parts of the internet, lawmakers are creating a privacy and security nightmare for everyone. This scenario is already playing out globally. Help us stop it and keep the web open and accessible for all.
JOIN EFF
Protect the web for everyone
Even with the best intentions, every online age verification scheme has the same result: users are forced to r...
The Institute For Justice - Press Releases
Illinois Village Orders Woman to Destroy Garden, a Violation of the State’s Right-to-Garden Law -
ARLINGTON, Va.—Laura Schaefer knows the difference between a weed and a desirable plant. A botany instructor with decades of experience, Laura has spent more than five years […]
The post Illinois Village Orders Woman to Destroy Garden, a Violation of the State’s Right-to-Garden Law appeared first on Institute for Justice.
Victory! City of Jacksonville, NC, Chooses Not to Appeal Food Truck Decision, Cuts Checks Instead -
ARLINGTON, Va.—Anthony “Tony” Proctor and Octavius “Ray” Raymond, local food truck owners of “The Spot” and “The Cheesesteak Hustle,” respectively, and Nicole Gonzalez, who owns […]
The post Victory! City of Jacksonville, NC, Chooses Not to Appeal Food Truck Decision, Cuts Checks Instead appeared first on Institute for Justice.
Institute for Justice Tells Wisconsin: Forming an LLC Doesn’t Make Cookies Dangerous -
ARLINGTON, Va.—Across Wisconsin, home bakers are getting bad advice from the state government, which is telling them to stop selling their foods through a business […]
The post Institute for Justice Tells Wisconsin: Forming an LLC Doesn’t Make Cookies Dangerous appeared first on Institute for Justice.
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
Machineguns Are In, RINOs Are Out! -
Here’s What Happened at GOA This Week! At GOA, we’ve been hard at work fighting for your Second Amendment rights, here’s what we did… We at Gun Owners of America have been hard at work fighting for your rights this week. From helping Ken Paxton defeat the anti-gun John Cornyn in the Texas Senate race, to introducing the first-ever Hughes … Read more
VA: Some Attorneys are Refusing to Enforce Gun Bans — Others are Helping to Defend Them -
Virginia’s new gun ban laws have exposed a clear divide across the Commonwealth. Some prosecutors are choosing to stand with law-abiding gun owners and the Constitution, while others are helping anti-gun politicians defend one of the most sweeping attacks the Second Amendment Virginia has ever seen. Attorney General Jay Jones is now attempting to consolidate multiple lawsuits challenging Virgin...
TELL PRESIDENT TRUMP: PARDON TATE ADAMIAK! -
The Biden DOJ & ATF sent Adamiak to prison for 20 years for nothing, now gun owners have the chance to help free him and right this wrong… Joe Biden’s weaponized Department of Justice ruined Tate Adamiak’s life. President Trump must pardon him. Gun Owners of America is calling on our grassroots members to call the White House and tell President … Read more
Banking Dive
5 takeaways from Jerome Powell’s award speech -
The former Federal Reserve chair emphasized the importance of central bank independence in receiving the John F. Kennedy Profiles in Courage Award for his resistance to pressure from President Donald Trump.
FDIC bans, fines ex-bank CEO involved in Supreme Court case -
Harry C. Calcutt III allegedly negotiated and approved a series of unsafe and unsound transactions and then concealed them from regulators, the FDIC alleged.
The risk you already own: Financing digital asset exposure with a captive -
Much of your digital asset risk is already on the balance sheet, fragmented across functions and driving avoidable earnings volatility.
Bank consolidation may stunt innovation: research -
Consolidation may alter banks’ risk tolerances, making them more inclined to extend loans to bigger, established companies than smaller, riskier borrowers, said Oudom Hean, a professor at North Dakota State University.
CFPB orders return to a new, smaller DC headquarters -
Employees based outside the Washington area will be expected to report by Aug. 31, according to a memo. However, the headquarters has space for just 550 of the bureau’s 1,100 workers.
American Banker
Bank of International Settlements
Federal Reserve - Press Releases
FDIC - Press Releases