US Markets The SPX slipped 1.12% yesterday, while the NASDAQ fell 1.9%. Over the week, the SPX has declined 1.75%, as investors have grown cautious amid stretched valuations and an uncertain economic outlook. Markets remain tense as the government shutdown drags on, now marking the longest in
Silver
US Markets After a risk-averse week, markets saw a modest rebound yesterday, with the SPX up 0.37% and the NDX gaining 0.72%. Dip buyers stepped in, supported by upbeat U.S. economic data, giving the market some breathing room. From a fundamental view, the recovery remains fragile but supported. Tech majors like Amazon, Google, Tesla, […]
The risk of correction in gold and silver has been steadily rising in recent days, though exceptionally strong pre-Diwali demand helped support prices. However, a very technical extended rally combined with renewed “risk-on” tone across stock markets, a firmer dollar and not least the start of Diwali—which typically signals softer physical demand from Asia—have made […]
Gold’s breakout above USD 4,000 and silver’s return to levels unseen since 1980 have once again placed monetary debasement at the heart of the commodity narrative. The word, once confined to history books, has re-emerged in market vocabulary as faith in fiat currencies erodes under the weight of chronic deficits, politicised monetary policy, and falling […]
The Federal Reserve’s policy decision today carries significant weight for the precious metals markets, with both gold and silver having rallied strongly over the past six weeks as softer labor market data, and Fed Chair Powell’s pivot at Jackson Hole revived expectations for a resumption of the rate cutting cycle. After being paused in December […]
Silver has climbed above USD 40 an ounce to its highest level in 14 years, extending a rally that has already delivered a 37.5% year-to-date gain. Gold is up 31% over the same period, but silver’s outperformance reflects its dual role as both an investment and industrial metal. The latest advance is not the start […]
Investment metals: Governance risk meets hard asset demand President Trump’s attempted—and legally contested—removal of Fed Governor Lisa Cook is less about an individual and more about the institution. Whatever the legal outcome, the signal is clear: political pressure on the central bank is rising, and it may over time introduce an “independence premium” into U.S. […]
Gold and silver have been trading in tight, range-bound zones with muted volatility despite positive year-to-date gains (+26% for gold, +30% for silver). Support remains solid from steady ETF inflows, central bank purchases, and persistent investment demand, including gold-backed ETFs at multi-year highs and ongoing but modest bullion flows. However, major
After a phenomenal first half, the investment metals sector has entered a period of consolidation. Gold has traded sideways for the past twelve weeks, creating space for silver and platinum to play catch-up. Yet with year-to-date gains of roughly 26% for gold and silver—and a remarkable 54% for platinum—the natural question from investors is: Is […]
Crude Oil prices bounced back significantly on Monday, with a 1.95% rise in WTI and a 2.41% rise in Brent by the close. Despite an increase in supply from OPEC+ members over the weekend, crude oil prices continued to rise. This could primarily be due to renewed geopolitical tensions in the Middle East, specifically after […]
In our latest update, we flagged the growing two-way risk to gold, silver, and platinum, each facing stiff resistance levels that threatened to trigger a period of prolonged sideways consolidation. Yet, just days into June, the market narrative swiftly changed: gold and, more notably, silver pierced through key technical barriers, while platinum paused to consolidate […]
Commodities: Despite a 1.3% rebound in the Bloomberg Commodity Index, hedge funds continued their third consecutive week of net selling, still reacting to the late-February correction that saw the index drop 4.6% before recovering. The total net long across 27 major futures contracts has declined by 44% during this time after hitting a 2-1/2-year high, […]
In forex, speculators ended the year holding a USD 32.3 billion net long USD position versus eight Gold and silver prices have both benefited from the increased uncertainty caused by a wave of Trump announcements following his inauguration, including tariffs, with investors also evaluating their inflationary impact and effects on monetary policies. The latest run-up […]
Gold and silver investors increasingly turn defensive ahead of year-end as they seek to protect and lock in gains following a very strong year. This year has seen gold’s record-breaking rally deliver the best annual return since 2010, while silver has managed to keep up with gold, reaching a 12-year high during the October run-up […]
Commodities: In the latest reporting week, the Bloomberg Commodity Index rallied 1.8%, thereby fully recouping losses in the previous week. All sectors except softs saw higher prices, led by precious metals, where all metals saw demand amid haven demand ahead of the US elections, with silver jumping more than 10% after breaking resistance-now-support at USD […]
Gold’s record-breaking rally continues, and following another shallow mid-month correction that saw buyers return ahead of USD 2,600, spot bullion has returned to trade just below the USD 2,685 record reached last month. The precious metal market has witnessed an unprecedented strong uptrend this past year, with gold and silver both trading up close to […]
Gold’s record-breaking rally continues, with spot bullion now approaching USD 2,600 per troy ounce, reflecting a year-to-date gain of over 25%. This surge means a standard 400-troy-ounce gold bar (around 12.4 kilograms or 27.4 pounds), commonly traded internationally and used by central banks, now costs over USD 1 million, up from USD 725,000 last October. […]
Commodities: Gold prices reached new all-time highs, increasing by 0.77% to close at $2,577.70. Silver also saw a significant rise, climbing 2.81% to $30.72, driven by a declining dollar and lower Treasury yields ahead of the FOMC policy meeting next Wednesday, where rate cuts are widely anticipated. Over the week, gold surged more than 3.5%, […]
Mark Pussard, Head of Risk, APM Capital On Monday, global stock markets, like the U.S., presented a mixed picture with a combination of modest gains and losses across major indices. US markets Wall Street closed with mixed results on Monday as investors anticipated fresh inflation data, Federal Reserve Chair Jerome Powell’s commentary, and the beginning […]
APM Capital Market Report Stocks were mixed around the world on Friday as political uncertainty took center-stage. Labour swept to power in a landslide in the UK, change is on the horizon in France, while in the U.S. the once-favoured incumbent hovers on whether or not to continue his candidacy. Here are the closing quotes […]



















