James Anderson

Gold and silver moved higher last week, with silver closing at $68.81 per oz and gold finishing at $4,608 per oz, as investors focused on mounting U.S. fiscal pressures and developments in the Treasury market. The U.S. national debt officially surpassed $40 trillion, more than doubling since 2017, while rising interest costs continue to place additional pressure on federal finances. Against that backdrop, the Treasury announced plans to double buybacks of longer-dated government debt, initially pushing yields lower before the 10-year Treasury yield rebounded above its pre-announcement level by Friday. Treasury Secretary Scott Bessent defended the government's actions, discussed fiscal consolidation and argued that stronger economic growth can help address America's growing debt burden. Watch Last week’s market update to hear Bessent’s commentary on last week’s Treasury actions and what these developments could mean for the bond, gold and silver markets.

Gold and silver pushed higher again last week, with gold finishing near $4,375 per oz and silver at $64.55 per oz as momentum returned to the precious metals markets. Gold’s breakout from its summer consolidation range has shifted attention toward renewed Chinese demand, elevated U.S. bond yields, and mounting sovereign debt concerns. Meanwhile, silver demand is building across Asia, with Indian ETF buying surging and China on pace to import more than 4,000 tonnes of fine silver in 2026. Against that backdrop, increasingly aggressive forecasts calling for $300 to even $1,000 silver are reigniting debate over how far the next major silver run could ultimately go. Watch last week’s video for the full market breakdown and to review the charts illustrating the gold breakout, Asian silver demand, and the historical price relationships behind these extraordinary silver forecasts.

Gold and silver rally last week as shifting expectations for interest rates, currency instability, and renewed investment demand put gold and silver back in focus. Gold finished the week at $4,341 per oz, while silver climbed to $63.30 per oz, pushing the gold-silver ratio down to roughly 68:1. China’s central bank added nearly 20 metric tons of gold in July, extending a broader trend of central-bank accumulation. Meanwhile, India may need to import another 135 million ounces of silver by year-end to meet current demand forecasts. Watch last week’s Bullion Market Update for the key forces driving gold and silver—and what could come next.

Gold and silver ended the week relatively steady, but beneath the surface, major global events continue to reshape the precious metals landscape. As U.S. debt approaches the historic $40 trillion mark, Japan stunned currency markets with one of the largest yen interventions ever, underscoring mounting pressure on the global fiat system. Meanwhile, the Perth Mint captured headlines by unveiling a new Guinness World Record gold bar refined to an extraordinary 99.999% purity. We also examine what these developments could mean for gold, silver, and investor sentiment in the months ahead. Watch this week's market update for the full analysis and key charts.

Gold and silver edged higher last week as investors weighed resilient physical demand against an evolving global market backdrop. Chinese gold imports remain on pace to surpass last year's total, while Hong Kong is preparing a tenfold expansion of its gold vault capacity, underscoring Asia's growing influence in the bullion market. Meanwhile, India's silver market continues to see tight physical supplies and elevated local premiums ahead of festival season. What do these developments mean for precious metals investors, and could they shape the next major move in gold and silver? Watch this week's market update video for the full analysis and key insights.

Gold and silver extended their summer pullback this week, with silver closing at $55.96 per oz and gold finishing at $4,018 per oz as the gold-to-silver ratio climbed to 71:1. Debate erupted after Treasury Secretary Scott Bessent's comments about U.S. silver reserves and Fort Knox reignited discussions across the precious metals community, while the U.S. national debt surpassed $39.5 trillion, reinforcing one of the long-term themes many bullion investors continue to watch. Even as Western investors reduced gold ETF exposure, Eastern buyers continued accumulating physical gold during the correction. Watch this week's market update video to learn what these developments could mean for gold and silver, why many long-term bullion buyers remain confident, and the key trends shaping the precious metals market.