Gold Price Rises As Investors Flock To Safe Haven Amid Growing Uncertainties
Analyst Predicts This Level If Conditions Deteriorate
Gold prices continued to surge on Tuesday, extending an increase in the prices of the yellow metal as investors flocked to the safe-haven asset amid growing geopolitical and economic uncertainties.
Spot gold prices surged past the $3,500 per ounce barrier on Tuesday, rising on the back of increased hopes of the Federal Reserve cutting interest rates at the upcoming Federal Open Market Committee (FOMC) meeting later this month.
According to a report by The Guardian, UBS Global Wealth Management’s chief investment officer, Mark Haefele, stated that gold prices are expected to surpass the $3,700 per ounce level by June 2026, as the safe-haven asset benefits from ongoing uncertainties. Haefele also thinks that gold could breach the $4,000 barrier if geopolitical and economic conditions deteriorate… (Continue to full article)
Will Silver Trade To $50 in 2025?
If silver takes off and the price rises above the 1980 peak, it will further validate the decline in the value of fiat currencies. Gold has already surpassed the euro as the world’s second-leading reserve currency, as central banks continue to increase their gold holdings and validate gold as a reserve asset.
Silver has a history dating back thousands of years to pre-Biblical times, as gold’s partner as a means of exchange or as hard money. A new high in silver will only exacerbate the decline in fiat currencies, which derive their value from the full faith and credit of the governments that issue legal tender and sovereign debt securities.
Silver could be on its way to new highs as fundamentals and technicals point to a challenge of the 2011 and 1980 highs. However, the decline in fiat money adds another dimension to silver’s potential in the current economic and geopolitical environment…. (Continue to full article)
Social Security’s Little-Known ‘Family’ Rule Change May Slash Benefits for Nearly 400,000 Needy Seniors
THE Social Security Administration may soon implement a rule change that would reduce or eliminate benefits for almost 400,000 needy seniors and individuals with disabilities.
The new rule, spearheaded by the Trump administration, would change how support from the family and friends of Supplemental Security Income beneficiaries is treated.
The Trump administration is looking to roll out a rule that would slash Supplemental Security Income, or SSI, benefits and disqualify hundreds of thousands of cash-strapped seniors and individuals with severe disabilities… (Continue to full article)
10 Coins From the 1950s That Are Worth Way More Than Face Value
Nearly everyone has a few old coins kicking around. But did you realize that a few cents from the 1950s could be worth hundreds or even thousands of dollars today and help you get ahead financially? Collectors will pay staggering amounts for commemorative, notable, or proof coins from certain years.
Even fairly standard dimes and quarters can be worth a few dollars more thanks to their high silver content.
Empty your piggy bank and see what it could be worth by checking your coins off against the list of 10 valuable 1950s coins below…. (Continue to full article)
Over 100 Tons of Gold Discovered in a Once-Hidden Mine
A new gold deposit in Doropo, northeastern Côte d’Ivoire, is set to move from rumor to reality. The company behind it says the mine has a production capacity of more than 100 tons.
The plan on the table is a two-year build that starts in early 2026, and is backed by billions in investment funds.
Mining lives and dies on cost discipline. The gold sector uses a standard metric called all-in sustaining cost that rolls together the ongoing costs of mining and processing along with sustaining capital needed to keep the mine running, as defined by the World Gold Council’s guidance.
Officials expect first production in 2028, with thousands of direct jobs tied to operations.
The story matters beyond any single pit because it signals how Côte d’Ivoire is positioning itself in West Africa’s crowded gold sector…. (Continue to full article)
