Kitco News
UBS lowers 2026 gold price forecast to $5,500/oz: ‘Markets are rediscovering the concept of opportunity cost’ -
(Kitco News) – Swiss banking giant UBS has cut its year-end 2026 gold price forecast from $5,900 to $5,500 per ounce, citing risks of persistent headwinds from elevated Treasury yields and sustained U.S. dollar strength.UBS analysts Dominic Schnider and Wayne Gordon said that investors are shying away from the yellow metal as yields stay high.“Markets are rediscovering the concept of oppor...
Metals drop as Iran deal hopes cut oil, haven bid - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply lower in early U.S. trading Wednesday, as lower oil prices, firmer global equities and reduced safe-haven demand outweighed support from lower Treasury yields.
Metals dip as S&P, Nasdaq hit records on Iran deal hopes - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are lower and spot silver prices are modestly lower after the close Tuesday, as a firmer U.S. dollar and renewed Middle East uncertainty kept bullion under pressure while U.S. equities advanced to record highs.
Royal Mint sees record gold, silver bullion sales between January and March -
(Kitco News) - Although gold and silver are stuck in neutral as rising inflation fears cool investor interest, the current price action doesn’t take away from the unprecedented demand for bullion, as the British Royal Mint reported record demand early in the year.
Gold and silver prices under pressure from rising inflation and rate expectations, new Indian import tariffs – Heraeus -
(Kitco News) – Precious metals are continuing to be impacted by rising inflation and shifting rate expectations, while both gold and silver demand are being reshaped by India’s new import tariff regime, according to precious metals analysts at Heraeus.In their latest update, the analysts noted that both U.S. consumer and producer prices continued to rise last month, while the Personal Consumpti...
Malaysia follows India’s example with new 10% import duty on LBMA gold bars -
(Kitco News) – After India’s recent hike of import duties on precious metals, another large Asian market has followed suit: Malaysia’s customs department has announced that they will now target gold bars with a new tax, marking the country's first-ever import duty on bullion.
Economist Mark Thornton warns of 150-year market peak, calls Fed nomination a ‘hit job’ on precious metals -
(Kitco News) - A stark divide between record corporate profits and plummeting consumer sentiment is not an economic paradox, but the predictable outcome of decades of monetary expansion, according to Austrian School economist Dr. Mark Thornton.
Gold prices testing support at $4,500 as U.S. consumer confidence falls slight to 93.1 -
(Kitco News) - The gold market continues to hold support above $4,500 an ounce but is struggling to attract new bullish momentum, even as U.S. consumer confidence continues to fall amid rising inflation pressures and growing recession risks.
Gold and silver prices fall as Iran strikes revive oil risk - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are down and spot silver prices are sharply lower in early U.S. trading Tuesday, as a firmer U.S. dollar and renewed oil volatility offset support from lower Treasury yields.
Silver leads late-session metals rally as U.S.-Iran optimism weighs on crude - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are higher and spot silver prices outperformed in late Monday trading, as a weaker U.S. dollar, lower Treasury-yield expectations and a sharp drop in crude oil prices supported precious metals.
Zero Hedge
Solid 5Y Auction Despite 12th Consecutive Tail, Thanks To Stellar Foreign Demand -
Solid 5Y Auction Despite 12th Consecutive Tail, Thanks To Stellar Foreign Demand
After a mediocre 2Y auction on Tuesday, moments ago the Treasury sold the week's second coupon auction when it auctioned off $70BN in 5Y paper to solid demand, some superficial weakness notwithstanding.
The auction stopped at a high yield of 4.182%, up from 3.955% in April and the highest yield since...
Tulsi Gabbard To Go Nuclear On Deep State Before Leaving ODNI -
Tulsi Gabbard To Go Nuclear On Deep State Before Leaving ODNI
Last week, Tulsi Gabbard, President Trump's Director of National Intelligence, announced she will step down on June 30 to care for her husband, Abraham, who has been diagnosed with what she called "an extremely rare form of bone cancer."
"My husband, Abraham, has recently been diagnosed with an extremely rare form of ...
One Key Signal Says Rate Hikes Could Be Coming -
One Key Signal Says Rate Hikes Could Be Coming
Submitted by QTR's Fringe Finance
For a while now markets have operated under the assumption that inflation was cooling, rate cuts were inevitable, and the Federal Reserve was slowly steering toward a soft landing. Hell, Jim Cramer started celebrating Jerome Powell’s “soft landing” some 925 days ago with inflation at 3.1%. Today, infl...
Energy Drinks Become Latest Casualty As Fuel Shock Shifts Consumer Behavior -
Energy Drinks Become Latest Casualty As Fuel Shock Shifts Consumer Behavior
The national average price for 87-octane gasoline at the pump has remained above the politically sensitive $4-per-gallon threshold for 57 days and counting, as the U.S.-Iran conflict continues to disrupt energy flows through the Strait of Hormuz chokepoint.
That price shock at the pump has already transl...
Doing The Math: UC Faculty Urges Return To Standardized Testing After Shocking Decline In Skills -
Doing The Math: UC Faculty Urges Return To Standardized Testing After Shocking Decline In Skills
Authored by Jonathan Turley,
Years ago, I wrote a column denouncing the decision of the University of California system to drop standardized testing in the cause of greater racial diversity. Now, hundreds of UC mathematics faculty have called for a return to such testing after reports ...
Trump Red Line: No Sanctions Relief Unless Iran Gives Up Uranium; US Rejects 'Fabricated' Peace Framework By Iranian Side -
Trump Red Line: No Sanctions Relief Unless Iran Gives Up Uranium; US Rejects 'Fabricated' Peace Framework By Iranian Side
Summary
Trump red line (PBS): "No, no, not at all. Not sanctions relief, no" - unless Iran gives up its enriched uranium. "Iran negotiating on fumes," Trump says in cabinet meeting.
White House rejects 'complete fabrication' of Iranian TV reporting on MOU and ...
Food Stamp Fraud Pipeline Exposed: U.S. Taxpayer-Funded Groceries Shipped Overseas And Sold For Profit -
Food Stamp Fraud Pipeline Exposed: U.S. Taxpayer-Funded Groceries Shipped Overseas And Sold For Profit
Submitted by Anthony Rubin of Muckraker.Org,
Food stamps and food pantries are intended to keep struggling Americans fed.
What we found is that, in some communities, that food never reaches an American table. Instead, it gets shipped overseas and sold for profit.
The scheme ...
Robinhood Lets Customers Use AI To Trade Stocks, Make Credit-Card Purchases -
Robinhood Lets Customers Use AI To Trade Stocks, Make Credit-Card Purchases
Robinhood Markets is launching a new feature whereby customers can hand their money to an AI agent for automated trading and credit-card purchase decisions.
The brokerage is enabling users to link external AI agents-such as Anthropic’s Claude or coding agent Cursor-to a dedicated investment account. Wit...
The Quiet Collapse Under The Market's Surface...It's Getting Louder -
The Quiet Collapse Under The Market's Surface...It's Getting Louder
Submitted by QTR's Fringe Finance
The market is hypnotized by headlines out of the Middle East. Every missile strike, every oil spike, every rumor about escalation with Iran sends volatility dealers and gamma-chasing algorithms into another violent intraday swing.
But beneath the geopolitical theater, a dangerou...
SpaceX-Tesla Merger Speculation Grows As Decade Of Cross-Company Deals Reveal Deeper Integration -
SpaceX-Tesla Merger Speculation Grows As Decade Of Cross-Company Deals Reveal Deeper Integration
Wedbush Securities' Dan Ives has pointed out for months the potential for a SpaceX-Tesla merger, discussing the possibility with Bloomberg in February and, more recently, on a podcast where he said the probability is 80% by 2027. Polymarket odds of a merger by the end of the year stand ...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Malaysia jolts bullion trade with 10% import duty on gold bars -
By Yihui XieBloomberg NewsTuesday, May 26, 2026
Malaysia has imposed a 10% import duty on some gold bar shipments, according to traders familiar with the matter, disrupting the bullion trade in the Southeast Asian nation.
Some inbound cargoes have been charged a 10% duty since at least early May, traders and dealers said, asking not to be identified as they are not authorized to speak to the me...
Uzbekistan resumes gold exports after half-year pause -
By Yuliya FedorinovaBlomberg NewsTuesday, May 26, 2026
Uzbekistan, one of the largest gold producers, resumed full-scale gold exports in April after a half-year pause.
The nation exported about $1.5 billion of non-monetary gold in the first four months of the year, the National Statistics Committee reported today, indicating that most of it was sold in April.
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Paris Mint to issue first solid-gold coins in a century -
From RTE, DublinTuesday, May 26, 2026
The Paris Mint said that it would soon start selling solid-gold coins for investment, the first since it quit making Napoleons and Louis coins a century ago.
Four versions of the new Marianne coins will go on sale 16 June, ranging from one-tenth of an ounce (3.1 grams) to a full ounce (31.1 grams).
... Dispatch continues below ...
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Bu...
Patrick Gibbons: There's a global rush to gold but Australia is the hardest place to mine it -
By Patrick GibbonsAustralian Financial Review, SydneyTuesday, May 26, 2026
Sometimes budget papers hide in plain sight critical information. And this year's was no different. Buried among the usual forecasts for iron ore, coal, and LNG export earnings was a commodity Canberra rarely talks about: gold.
For decades gold has occupied an awkward place in Australia's economic story. Iron ore built t...
Burkina Faso tightens grip on $7 billion gold industry as foreign firms lose ground -
By Segun AdeyemiBusiness Insider Africa, New YorkSaturday, May 23, 2026
Burkina Faso is rapidly tightening its grip on one of Africa's most valuable industries as the military-led government pushes to reduce foreign dominance over the country's gold sector.
The West African nation, one of the continent's leading gold producers, has spent the past three years restructuring mining ownership in wh...
Wolf Street
CoinDesk
Crypto Long & Short: How the GENIUS Act repriced bitcoin's monetary premium -
In this week's Crypto Long & Short, Ravi Tanuku on why the GENIUS Act didn't just regulate stablecoins, it repriced Bitcoin's monetary premium. Then, Jesper Johansen on why looped ETH staking no longer needs a lending market.
BIS project finds tokenization could make cross-border payments faster, safer -
Project Agorá, backed by major central banks, will now move toward "real-value" testing to settle tokenized central bank money and bank deposits on blockchain rails.
Crypto IPOs could create massive $1 trillion market amid tokenization wave, Jefferies says -
The Wall Street investment bank expects a wave of crypto and blockchain public listings over the next two years as institutional investors shift their focus from speculative trading to real-world financial infrastructure.
Block kicks off Cash App’s phased stablecoin roll out to its nearly 60 million users -
An individual familiar with the matter told CoinDesk the stablecoin feature was rolled out to 25% of users already and by the end of the week, all users will have access.
A bipartisan bridge to the future: Why the Senate must finish the job on digital Assets -
The Clarity Act’s recent markup proved that the momentum for regulation is there. It is imperative that Congress move the bill forward to establish rules this generation needs and a framework the next will inherit, urges Kim.
Robinhood is letting AI trade for you so you don't have to keep checking the markets -
Robinhood is bringing hedge fund-style automation to everyday investors by letting AI agents build portfolios, execute stock trades, and even go shopping using virtual credit cards.
DTCC plans to bring tokenized assets to Stellar in latest Wall Street blockchain push -
The U.S. market infrastructure giant targets connecting tokenized stocks, ETFs and Treasuries to Stellar in the first half of 2027.
Crypto’s biggest exchanges back push for token disclosure standards as industry courts institutional capital -
More than 40 crypto firms, including rival exchanges Coinbase and Kraken, are backing a Blockworks-led framework aimed at bringing stock market-style disclosures to token markets.
Banca Sella gets green light to provide crypto services to customers in Italian first -
The fintech-forward private bank said it is the first Italian lender to get Bank of Italy approval under MiCA to offer digital asset custody and transfers.
Major crypto exchanges increase transfer scrutiny with HTX over UK sanctions -
The UK sanctioned crypto exchange HTX due to alleged ties to Russian sanctions evasion networks and illicit financial activity.
bitcoin.com
Robinhood Launches AI Agent Trading for 27 Million Customers, Options and Crypto Next -
Robinhood launched a beta product on Wednesday that lets users connect third-party artificial intelligence (AI) agents to dedicated brokerage accounts for autonomous stock trading. Robinhood AI Trading Beta Lets Users Deploy ChatGPT and Claude in Sandboxed Accounts The feature, called Agentic Trading, allows users to link AI systems built on platforms like Claude or ChatGPT […]
Mastercard Lands New York Bitlicense to Advance Stablecoin and Digital Payment Infrastructure -
Mastercard Transaction Services (U.S.) LLC received a Virtual Currency License from the New York State Department of Financial Services on Wednesday, giving the global payments company formal standing to operate digital asset services in one of the most tightly regulated financial jurisdictions in the country. Mastercard Wins NYDFS Bitlicense, Opening New York Digital Asset Access […]
Sam Altman Reverses Course on AI Job Losses as Studies Show Limited Impact so Far -
After years of warning that AI would wipe out entry-level white-collar roles, OpenAI CEO Sam Altman now says he was wrong on the near-term jobs impact. Recent studies from Yale Budget Lab, Brookings, and Anthropic find limited labor effects so far, even as Altman calls out “AI washing” by companies using automation as cover for […]
Streamex and Orca Build 24/7 Compliant Trading Pool for Gold-Backed Token GLDY on Solana -
Streamex Corp. and Solana-based decentralized exchange ( DEX) platform Orca launched 24/7 secondary liquidity infrastructure for tokenized securities on Wednesday, with GLDY, a gold-backed, yield-bearing token, as the first asset to trade on the system. Accredited Investors Gain 24/7 Exit Liquidity as Streamex and Orca Launch GLDY Pool on Solana The two companies built the […]
Bitcoin ETFs Lose $333M as HYPE and XRP Funds Continue Attracting Inflows -
Crypto ETF flows were mixed on Tuesday, May 26, with bitcoin and ether ETFs losing a combined $368.75 million as both ETFs extended their outflow streaks. Altcoin products softened the blow, led by $20.45 million into HYPE ETFs and $1.55 million into XRP ETFs, while solana ETFs saw no trading activity. HYPE ETFs Pull $20M […]
Reason
5 Bills Signed by Wes Moore That Will Impact Housing and AI Development in Maryland -
Couched with good intentions, new laws aimed at housing and artificial intelligence development will add more layers of red tape to Maryland’s growing bureaucracy.
A Flawed Minimum Wage Study Shows How Bad Stats Get Turned Into Policy Gospel -
A 2024 paper claimed higher minimum wages don't kill jobs. It was statistically significant—and almost certainly misleading.
Anti-Tech Extremism Worries the Same Federal Government That's Been Fueling Anti-Tech Extremism -
Plus: Plan B for STIs, justifying "deadly force" to protect fertilized eggs, and more.
How Moral Panic Creates Black Markets -
Nobel Prize-winning economist Alvin E. Roth discusses the moral limits of markets, how bans create black markets, and why harm reduction often works better than prohibition.
Illinois Plans Tax Break for Billionaires and the Chicago Bears. Everyone Else Could End Up Paying More. -
A new Bears stadium and Gov. J.B. Pritzker himself stand to gain if the legislation passes.
Free Speech and Respect for Student Autonomy -
In my book, in defense of considerably more constitutional protection for student speech, I make an autonomy-enhancing argument, relying not…
The post Free Speech and Respect for Student Autonomy appeared first on Reason.com.
Escalation in Iran -
Plus: NDAs for federal employees, standardized test standards slipping, SpaceX IPO, and more...
Today in Supreme Court History: May 27, 1935 -
5/27/1935: Schechter Poultry Corp. v. U.S. decided.
The post Today in Supreme Court History: May 27, 1935 appeared first on Reason.com.
High Liquor Taxes and a Home Distillation Ban Guarantee a Thriving Booze Black Market -
The courts have an opportunity to legalize small-scale distillation, but taxes remain a problem.
Brickbat: Help Yourself -
Selene Varela pleaded guilty to theft concerning a program receiving federal funds and faces up to 10 years in federal…
The post Brickbat: Help Yourself appeared first on Reason.com.
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
More License Plate Reader Mission Creep: School Residency Verification, Background Checks, and Noise Complaints -
An EFF analysis of millions of searches of Flock Safety automated license plate reader (ALPR) data by police has uncovered a troubling pattern: in the absence of a warrant requirement to search ALPR databases, law enforcement agencies have moved beyond specific investigations to use these surveillance networks for virtually any whim.
Our findings suggest that the absence of a warrant requiremen...
🔒 A Win for Encrypted Messaging | EFFector 38.10 -
When it comes to keeping our texts, chats, and other digital messages safe from prying eyes, we have a powerful tool: end-to-end encryption. Used correctly, end-to-end encryption turns our conversations online into secret messages that can only be decoded by their intended recipients. In our latest EFFector newsletter, we're covering new developments in this tool, and how you can use it to prev...
Microsoft Took a Step Toward Human Rights Accountability. Google and Amazon (and Others) Should Pay Attention! -
For years, civil society organizations, workers, journalists, and human rights experts have warned that major technology companies risk enabling grave human rights abuses when they provide cloud computing, AI, and surveillance infrastructure to governments implicated in violations of international and humanitarian law. While many companies pay lip service to evaluating customers and contracts f...
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
PA: URGENT: Pass Constitutional Carry, Strengthen Preemption, and Stop Retaliatory Gun Control! -
URGENT: Pass Constitutional Carry, Strengthen Preemption, and Stop Retaliatory Gun Control! The battle lines are drawn in Harrisburg, and we have a historic opportunity to secure our liberties—but only if we act immediately! Right now, we are fighting on multiple fronts to protect our God-given rights, and the gun grabbers are throwing an absolute temper tantrum because we are … Read more
Repealing The Hughes Amendment With Your Help! -
ABOLISH THE HUGHES AMENDMENT! GOA-backed legislation introduced by Rep. Jimmy Patronis repeals the Hughes Amendment, making post-1986 machineguns legal… Representative Jimmy Patronis has just introduced a GOA-backed bill: the “Firearm Freedom Act” This bill fully repeals the dreaded Hughes Amendment, which banned the sale of automatic firearms manufactured after 1986. The Hughes Amendment was a...
Gun Owners of America Endorses Rep. Boebert’s Bill to Eliminate Tax on Automatic Weapons -
Gun Owners of America Endorses Rep. Boebert’s Bill to Eliminate Tax on Automatic Weapons FOR IMMEDIATE RELEASE May 20, 2026 Washington, D.C. – Gun Owners of America (GOA) is proud to endorse Representative Lauren Boebert’s bill introduced today on the week of the 40th anniversary of the Hughes Amendment becoming law. The Freedom from Taxes Act of 2026 would reduce … Read more
Banking Dive
American Banker
Bank of International Settlements
Project Agorá shows how tokenisation can improve wholesale cross-border payments; work will advance to real-value testing -
The Project Agorá prototype demonstrates how tokenisation and programmable technologies can address long-standing inefficiencies in wholesale cross-border payments at scale, while preserving the safety and integrity of settlement in central bank reserves.
Project Agorá: a shared programmable platform for wholesale cross-border payments -
Project Agorá – Greek for "marketplace" – is a public-private collaboration convened by the Bank for International Settlements (BIS) and the Institute of International Finance (IIF) to explore how tokenisation and programmability can enhance wholesale cross-border payments. The collaboration included seven central banks and more than 40 regulated financial institutions.
Liquidity regulation and bank funding costs -
by Iñaki Aldasoro, Sebastian Doerr, Haonan ZhouWe establish a causal link between liquidity regulation and a lower cost of bank wholesale funding. For identification, we use pre-determined variation in banks' liquidity coverage ratio (LCR) in a difference-in-differences setup. Granular instrument-level data allow us to carefully control for any observable and unobservable time-varying factors a...
Federal Reserve - Press Releases
FDIC - Press Releases