Gold inched higher on Thursday in holiday-thinned trade, as investors focused on the U.S. Federal Reserve’s interest rate strategy and anticipated tariff policies under President-elect Donald Trump, both of which could influence the metal’s direction in the coming year.
Source – Daksh Grover / Reuters
The silver market was rather quiet during the early hours on Wednesday as we continue to see a lot of choppiness.
I think this is a scenario where you have to be somewhat hesitant to buy silver, and I think really what we are looking at is a situation where we are just simply consolidating overall. I believe that the $28.75 level is significant support, just as the $31 level is significant resistance.
Source – FXEMPIRE
Gold has surged to a new all-time high, breaking through $2,911.72 per ounce on a thick mix of domestic and foreign uncertainty, inflation concerns, and a shifting macroeconomic landscape. While bullion has historically served as a safe-haven asset, the latest rally is not merely a reaction to market turbulence, but instead to a confluence of economic and financial factors that reinforce its role in global portfolios.
Source – Seeking Alpha / American Institute for Economic Research / Written by Peter C. Earle
Copper’s rise is being driven “solely by supply concerns surrounding the potential for universal tariffs to be placed on all imports of copper into the U.S.,” said Natalie Scott-Gray, a senior metals demand analyst at StoneX. The U.S. is “heavily reliant on foreign copper, with imports accounting for [around] 45% of demand.”
Copper prices have climbed more than 23% in 2025 through Monday, according to Dow Jones Market Data.
Source – Market Watch
The footage played at their trial at Oxford Crown Court showed two vehicles driving across the Great Courtyard, before hooded individuals armed with sledgehammers and a large crowbar broke into the palace. One could be seen leaving carrying a golden toilet seat.
The fully functioning lavatory was insured for the sum of $6m (£4.8m), the court heard previously.
“They knew precisely where to go, broke down the wooden door to the cubicle where the toilet was fully plumbed in, removed it, leaving water pouring out of the pipes, and drove away,” prosecutor Julian Christopher KC said previously.
“Clearly such an audacious raid would not have been possible without lots of preparation”, he added,
Source – BBC
I will follow this till the end of the trial. I want to know what happened to the toilet! Maybe you do too. Clearly had to have been planned and to have done it so quickly, from the video evidence anyway. Let’s see what happens. -V.
This year has been an up and down ride for silver after 2023 but seems to have taken a turn in the last quarter of the year.
“Silver fell to a quarterly low of US$30.11 on November 27, but since then the precious metal has regained some ground. As of December 11, it was trading at US$31.88.
The next Fed meeting is set to run from December 17 to 18. Most analysts expect the central bank to make one last 25 basis point cut before pausing in 2025.”
Source – Investing News Network
Texans are to be allowed to pay with with gold and silver for everyday transactions after Governor Greg Abbott signed House Bill 1056 into law. The law, which was championed by Republican state representative Mark Dorazio, designates the precious metals as legal tender in the state.
Texans will be able to use their gold and silver holdings, stored in the state’s bullion depository, for payments through electronic systems such as mobile apps or debit cards.
The provision comes after legislative debate, and takes effect on May 1, 2027, enabling transactions based on the state comptroller’s valuation of the metals at the time of sale.
Source – Newsweek
Legal Tender – officially recognized money
