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Gold edges lower, the dollar strengthens

ByVictoria

Gold prices eased on Monday on a firmer dollar, in thin, holiday-season trade and as investors sought further clues on the U.S. Federal Reserve’s monetary policy for next year after its latest meeting signaled easing would be gradual.

“Presently, we are in a lull for Christmas week with the gold price trending sideways. Federal Reserve policy is clear with expectations of rising interest rates in the second half of the year,” said Michael Langford, chief investment officer at Scorpion Minerals.

Source – Reuters / written by Anushree Mukherjee

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    Gold gained .4%, market “choppy”

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    Spot gold gained 0.4% to $3,312.05 an ounce by 08:56 a.m. EDT (1255 GMT), after hitting a session low of $3,285.19 on Tuesday.

    U.S. gold futures rose 0.3% to $3,310.60.

    “The gold market has been kind of choppy recently, just reacting to fresh daily fundamental news events with no real trending price action. In the near term, market top is in place,” Jim Wyckoff, senior analyst at Kitco Metals, said.

    Goldman Sachs recommended on Wednesday a higher-than-usual allocation to gold in long-term portfolios, citing elevated risks to U.S. institutional credibility, pressure on the Fed, and sustained central bank demand.

    Spot silver fell 0.3% to $33.20 an ounce, platinum firmed 0.8% to $1,088.65 and palladium eased 0.6% at $972.36.

    Source – Reuters

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    Gold prices rise in India

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    Copper edges higher, tariff worries investors

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    “The market is really trying to understand how aggressive these potential tariffs could be and I think the problem is no one really knows the answer,” said Nitesh Shah, commodity strategist at WisdomTree.

    Alastair Munro, senior base metals analyst at Marex, said copper found some support from contrarian buying from some Commodity Trade Advisor (CTA) investment funds, which are largely driven by computer programs.

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    Fort Knox US gold reserves prepares of audit

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    Fort. Knox’s massive reserve has reportedly been valued at $425 billion according to the New York Post, with the rest of the United States’ highly sought-after metal being stored in the Federal Reserve Bank of New York. 

    Rand Paul said he has tried to get his eyes on the Ft. Knox gold for 10 years “to make sure it’s all there.”

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    Gold futures up

    ByVictoria
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    Gold futures tick higher on tariff uncertainty and short-term monetary policy outlook. Futures are up 0.2% at $3,233.60 a troy ounce, near Friday’s record high of $3,263/oz.

    The uncertainty both boosted gold’s safe-haven demand and weakened the U.S. dollar as an alternative safe asset, further enhancing gold’s appeal, Commerzbank says.

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  • Bullion & Coin Exchange (Mesa, AZ)

    ByVictoria
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    Founding Member Spotlight: Bullion & Coin Exchange

    We’re proud to welcome Bullion & Coin Exchange as a Founding Member of the Victorias Coin-National Gold & Silver Dealer Directory.
    Serving Arizona for decades, Bullion & Coin Exchange has built a reputation for honest pricing, exceptional customer service, and deep industry knowledge. Their team is committed to helping customers buy and sell gold, silver, and rare coins with confidence.
    One of their strongest distinctions is their Recommendation from the U.S. Mint, a rare and respected endorsement that reflects their integrity, professionalism, and long‑standing commitment to the precious metals community.
    What They Offer

    • Gold & silver bullion
    • Rare coins
    • Transparent pricing
    • Friendly, knowledgeable service
    • Guidance for both new and experienced buyers
      📍 Arizona
      ✔️ Verified March 2026
      🏛️ Recommended by the U.S. Mint
      🪙 Trusted Local Bullion Dealer
      Bullion & Coin Exchange continues to be a reliable resource for collectors and investors throughout Arizona, and we’re honored to feature them as a Founding Member.

    Check out this business if you’re in the Mesa area of Arizona. Here is their listing on the Arizona page to get more info.

    -V.