In Q2 2025, gold demand hit new highs, with total volumes up 3% to 1,249 tonnes and demand value jumping 45% to $132 billion—the highest on record. Investors favored gold ETFs and bars and coins, encouraged by geopolitical tensions and rising prices. Central banks also boosted their gold reserves significantly. Jewelry demand was mixed, with less volume but more spending, while technology use of gold faced headwinds from tariffs but gained traction in AI sectors. The data underscores gold’s continued appeal as a safe-haven asset. The post World Gold Council: Gold Demand Trends Q2 2025 appeared first on GoldSilver.

Copper prices crashed following the announcement of a 50% tariff on copper products by President Trump, excluding raw copper forms such as concentrate and scrap. The tariff, effective August 1, targets finished goods like copper pipe and wire to shield U.S. manufacturers, while leaving raw material imports untouched. This move reversed recent price gains driven by fears of broad copper tariffs, returning U.S. prices to levels similar to global markets. The post Trump’s 50% Tariff on Copper Rattles Market appeared first on GoldSilver.

The Trump administration announced a 50% tariff on all imported copper, sparking a dramatic price drop of up to 18% in after-hours trading. Copper miners faced sharp declines in their stock prices as well. While the tariffs are intended to protect U.S. industries and reduce trade deficits, experts warn they could increase costs for everyday products that depend on copper. The new tariffs go into effect this Friday, impacting a metal that the U.S. imports almost half of, primarily from Chile. The post Copper Prices Sink After New 50% U.S. Import Tariff Announced appeared first on GoldSilver.

President Trump has granted Mexico a 90-day reprieve on higher tariffs, extending current rates to allow more time for trade negotiations. This move comes alongside a new agreement with South Korea that imposes a 15% tariff on imports from Korea while exempting U.S. goods. Trump has also announced or threatened tariffs on goods from India and Brazil, including a 50% tariff on many Brazilian products starting soon. Meanwhile, talks with China and the EU show progress toward major trade deals, as deadlines for new tariffs approach. The post Trump Grants Mexico 90-Day Tariff Reprieve Amid Trade Negotiations appeared first on GoldSilver.

Gold prices dropped following the Federal Reserve’s decision to hold interest rates steady at 4.25% to 4.5% during its July meeting. Strong U.S. economic data, including better-than-expected GDP growth and solid job numbers, suggest rate cuts may be delayed this year. Fed Chair Jerome Powell emphasized the need to watch the effects of tariffs before making any changes. Meanwhile, ongoing trade talks between the U.S. and China offer a cautiously optimistic outlook for the markets. The post Gold Prices Dip as Fed Holds Rates Amid Strong U.S. Economic Data appeared first on GoldSilver.

The Federal Reserve announced it will keep interest rates unchanged for the fifth consecutive time. Despite pressure from President Trump to lower rates, many Fed officials prefer to wait and see how recent economic policies, like tariffs, affect inflation before making any changes. Notably, the July meeting was historic as two Fed governors broke with the majority, voting in favor of a rate cut — the first time this has happened in 30 years. The post Fed Holds Rates Steady Again Amid Pressure and Uncertainty appeared first on GoldSilver.

Sub-Saharan African central banks have been boosting gold reserves to hedge against market volatility, with Ghana, Tanzania and Nigeria leading the charge. BMI (a Fitch Group unit) warns this “gold rush” exposes these countries to two major risks: Price risk – A sudden drop in global gold prices would dent the value of their reserves and, for exporters like Ghana and Tanzania, cut export revenues. Liquidity risk – Converting large gold hoards into cash could prove difficult during a crisis, as seen in past balance-of-payments squeezes in India and Argentina. Ghana’s aggressive buying has pushed gold to a third of The post Price, Liquidity Risks Loom as Sub-Saharan Nations Hoard Gold appeared first on GoldSilver.