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Chris Temple, founder, editor and publisher of the National Investor, lays out what's weighing on the gold price right now and what would prompt a turnaround.In his view, the light will turn green for metals once the US Federal Reserve stops talking about fighting inflation, with gold's rebound being the strongest. Don't forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

Is the gold price setting up for a 2012 scenario, or can it stage a rebound? Omar Ayales of Gold Charts R Us laid out two potential scenarios — one where gold sinks to US$3,000 per ounce, and one where it gets back to US$4,700. Don't forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

(RTTNews) - Partially offsetting the nosedive during yesterday's session, crude oil prices have surged on Thursday as investors are watching out for the next steps that the U.S. regime plans to take to resolve the U.S.-Iran standoff. Experts are divided on whether the U.S. will e

(RTTNews) - Adding to the gains from yesterday's session, gold prices have moved higher on Thursday as market participants attempt to gauge the U.S. plans on Iran while inflation worries remained minimal for the second day.

The US midterm elections may have reshaped the political landscape in Washington, but they are unlikely to change what mining investor and Fiore Group CEO Frank Giustra sees as the country's biggest economic problem: an unsustainable debt burden and a growing loss of confidence in the US dollar.Speaking at the 2026 New Orleans Investment Conference during a fireside chat with Daniela Cambone, Giustra argued that neither political party has demonstrated the willingness to address America's deteriorating fiscal position. Instead, he believes continued deficit spending, rising interest costs and geopolitical instability are setting the stage for a broader monetary crisis — one that could accelerate the shift towards gold and other hard assets.Ahead of the November 3 midterms, Giustra suggested Democrats were well positioned to make significant gains, potentially taking control of both chambers of Congress. However, he questioned whether a change in political leadership would make any meaningful difference to the country's economic trajectory."Both parties, in my view, are responsible for the mess that America is in," he said.Giustra pointed to US national debt exceeding US$40 trillion and growing by more than US$2 trillion annually, arguing that successive administrations have relied on borrowing without addressing the underlying structural problems."They've created an inescapable trap that they can't get out of," he said, adding that deficits are unlikely to decline regardless of which party controls Congress.While he acknowledged that some of US President Donald Trump's economic proposals had merit, Giustra was sharply critical of their execution, particularly efforts to rebuild domestic manufacturing and the administration's broader economic management.He also questioned the sustainability of the country's interest burden. US government interest costs have reached approximately US$1.3 trillion annually, according to figures cited during the discussion. If the average interest rate on government debt were to rise to 5 percent from approximately 3.6 percent, Giustra estimated annual interest payments could reach US$2 trillion.In his view, that leaves policymakers with few options beyond further monetary intervention."I don't see what choice they have," he said, predicting another round of quantitative easing that could exceed previous programs. ​A potential dollar crisis and the changing role of gold Giustra believes the growing debt burden will eventually trigger a currency crisis, although he acknowledged that the timing remains uncertain.He warned that governments facing mounting financial pressure could turn to financial repression to manage their liabilities, including capital controls, restrictions on savings rates and policies designed to encourage institutions to purchase government bonds.Concerns were also raised about potential wealth taxes and changes to banking regulations, arguing that investors should consider how governments might respond if financial conditions deteriorate.Against that backdrop, Giustra sees gold playing an increasingly important role in the international monetary system.He argued that central banks, particularly in China and the Global South, are accumulating gold as countries look to reduce their reliance on the US dollar and establish alternative mechanisms for settling international trade.The World Gold Council's Q3 2026 Gold Demand Trends report highlights the continued strength of central bank gold buying. Central banks and other official institutions added a net 321 metric tons of gold to reserves during the quarter, a 42 percent increase year-on-year and the highest quarterly total since Q4 2024. Year-to-date purchases reached 675 metric tons, up 6 percent from the same period in 2025, as institutions continued to prioritize portfolio diversification and risk management. The buying helped support overall demand, which totaled 1,369 metric tons during the quarter.Giustra believes gold could eventually serve as a settlement mechanism between countries holding unwanted foreign currencies. He pointed to China's development of physical gold vaults in locations including Hong Kong, with other potential centers under consideration in Malaysia, Singapore, Riyadh, Dubai and Switzerland.Such infrastructure could support a parallel financial system in which physical gold helps settle trade surpluses and reduce dependence on Western financial networks.He also questioned why Canada holds no official gold reserves, suggesting the country could follow the example of certain African nations by purchasing domestically produced gold rather than allowing all production to be sold internationally.For individual investors, Giustra reiterated his preference for physical ownership over financial products."If it's not physical, it's crap. It's really that simple," he said.While he sees silver as an attractive industrial metal and an opportunity for equity speculation, he considers gold a more practical long-term store of wealth. ​Copper emerges as a clear opportunity for mining investors Beyond precious metals, Giustra identified copper as the most compelling opportunity among industrial and critical minerals, pointing to a combination of declining mine supply, lower grades and rising demand."I think copper of all of the other minerals is the one that's most obvious," he said.He argued that decades of underinvestment in the copper sector, combined with declining ore grades and lengthy mine development timelines, are creating structural supply constraints. He estimated the market could face a supply deficit of as much as 30 percent over the next five to seven years.At the same time, demand is being reinforced by several major investment trends.The expansion of artificial intelligence infrastructure and data centers, upgrades to ageing electrical grids, electric vehicle production and large-scale reconstruction projects are all adding to copper requirements.Giustra specifically highlighted the US electrical grid, much of which was designed in the 1960s and 1970s, as an important source of future demand. He also pointed to the estimated US$5 trillion in grid investment expected over the next 20 years.Geopolitical competition is adding another dimension to the supply outlook.As countries increasingly prioritize supply-chain security, Giustra believes governments are moving to secure access to critical minerals rather than relying on traditional global trade networks.He noted that China recognized the strategic importance of mineral supply chains well before the US, which is now working to establish relationships with resource-producing countries it considers friendly.Latin America is emerging as an important part of that strategy. Giustra referenced recent US diplomatic engagement with Peru, Ecuador and Colombia, highlighting the region's potential to supply metals considered strategically important to American national security.He also singled out Copper Giant Resources (TSXV:CGNT) as a company he likes, citing its large Colombian copper porphyry project and the potential for it to become strategically important to the country's mineral supply chain.In his view, projects such as these could benefit from government efforts to accelerate domestic and allied production. ​Economic inequality adds to global instability Giustra, who is co-chair of the International Crisis Group, connected the growing focus on hard assets to a broader deterioration in economic conditions and social stability.He described the post-2008 economy as increasingly K-shaped, with wealth accumulating among the richest while middle- and lower-income households struggle with housing, food, education and healthcare costs.The resulting inequality, he argued, is contributing to public frustration and creating conditions for political and social unrest.With global debt estimated at approximately US$365 trillion, Giustra believes the existing monetary system will eventually require a fundamental restructuring. However, he cautioned that the transition may be driven by a crisis rather than coordinated international action.Ultimately, his message to investors was one of preparation rather than reliance on policymakers."There's no one coming to save you," he said. Don't forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.

A study of analyst recommendations at the major brokerages shows that Seabridge Gold Inchares New (Symbol: SA) is the #32 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Chann

The mining industry’s biggest risk for 2027 sits in its own pits, as operational complexity leads EY’s latest ranking of business risks and opportunities for mining and metals, ahead of capital, supply chains and rising costs. According to the consulting firm's recently published report, ore quality drives much of the concern. Twenty-nine percent of respondents named grade variability as their most significant operational complexity issue. EY said depletion leaves miners with fewer accessible or economic mine faces, narrowing their options when disruption hits.The strain already shows in producers’ numbers.For instance, lower grades at Sentinel in June helped push First Quantum Minerals' (TSX:FM,OTCPL:FQVLF) C1 cost, the cash cost of producing a pound of copper, to US$2.02 per pound. Codelco’s C1 cash costs reached US$2.08 per pound, up 46.89 percent from 2019, on equipment rental fees, unexpected maintenance, a seismic event at El Teniente and a stronger Chilean peso.For gold, a July 1 rock wall failure halted extraction at the Barnat open pit at Agnico Eagle Mines (TSX:AEM,NYSE:AEM) Canadian Malartic complex. The company expects the failure to cut output by up to 150,000 ounces a year in 2027 and 2028, pending geotechnical reviews.Inputs add to the bill. EY named energy, logistics, sulfuric acid and explosives among the cost drivers. The closure of the Strait of Hormuz triggered a global shortage of sulfuric acid, a reagent used in copper refining.Miners have mostly responded by building buffers. Fifty-three percent have adopted technology that improves supply chain visibility, and 52 percent have increased inventories or stockpiles. Only about a third have diversified their supplier base, and a quarter are pursuing strategic partnerships.Capital remains available, EY said, but investors are favoring strategically important commodities and jurisdictions with greater policy certainty. Governments are also stepping in as financiers. EY put public financing commitments in critical minerals at about US$65 billion in 2025, more than four times the 2023 level.Miners are still investing in artificial intelligence to lift productivity, though EY warned that poorly integrated systems carry their own costs.“AI agents working in isolation can increase costs, silos and complexity,” said Paul Mitchell, EY’s global mining and metals leader.Connected operations also widen exposure to cyber threats. Only 18 percent of respondents reported full visibility across their industrial control systems, and EY places 67 percent of mining and metals assets in what it calls the “vulnerability” zone.License to operate rounds out the top 10. Twenty-eight percent of respondents named community trust as a top sustainability issue, and 26 percent expect governments to tighten stakeholder consultation rules within the next 12 months.EY urged miners to plan for uncertainty rather than wait for it to pass, and cautioned against short-term fixes that erode long-term capability.Don't forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

(RTTNews) - Gold prices extended gains to hit a more than two-week high on Thursday as the U.S. dollar and Treasury yields slipped following the U.S. midterm elections. A sharp retreat in oil prices also helped ease inflation and rate hike concerns.

(RTTNews) - Oil prices traded higher on Thursday, after having fallen more than 8 percent in the previous session on hopes that the U.S.-Iran war could end soon.

The gold price was on the rise on Wednesday (November 4), climbing above US$4,000 per ounce as the US dollar weakened following midterm elections in the country. Spot gold advanced to US$4,063, while spot silver jumped to US$52.32 per ounce by 4:55 p.m. EST. The US Dollar Index fell around 0.3 percent on Wednesday, trading near 101.5, and treasury yields moved lower.The election results handed Democrats control of both the House of Representatives and the Senate, leaving President Donald Trump facing a Congress controlled by the opposing party for the remainder of his term. ​Mounting debt crisis  Speaking at the New Orleans Investment Conference ahead of the midterms, Rich Checkan, president and COO of Asset Strategies International, said the outcome would have little impact on gold's long-term trajectory unless it resulted in meaningful government spending cuts. ​ youtu.be - YouTubeWatch the full interview to hear more from Checkan on the election outcome. “When it comes to precious metals, unless we are voting in a majority of politicians in this midterm who are then going to cut spending … unless that happens, gold is going higher,” he told Investing News Network.In his view, persistent government overspending, rising debt and continued money creation will remain key drivers for gold, regardless of which party is in control of Congress. He added that a Democrat wave could provide a short-term boost if Republican investors turn to gold amid political uncertainty.Meanwhile, Peter Schiff, chief economist & global strategist at Euro Pacific Asset Management, said a Democrat takeover of Congress could be bullish for gold and silver. He expects Democrats to push for increased government spending and larger deficits, putting further pressure on the US Federal Reserve to monetize government debt. youtu.be - YouTubeWatch the full interview for more insights from Schiff. Schiff believes the Fed could eventually turn to quantitative easing to contain rising bond yields, a move he sees as supportive of precious metals. He also argued that growing fiscal pressures could worsen inflation and undermine confidence in the US dollar.Like Schiff, Craig Hemke, publisher of TFMetalsReport.com, believes a potential Democrat takeover of Congress will ultimately be positive for gold. youtu.be - YouTubeListen to Hemke explain where he sees the precious metals market going. Hemke suggested that increased political gridlock and investigations into the Trump administration could stall its agenda and further undermine confidence in the US dollar and treasury market. He said Democrats could provide another boost for gold, although he cautioned that the broader market reaction would be difficult to predict.“You can see where a big Democrat shift could be coming,” he said, “But then to try to figure out the knockoff reactions of all these different markets, it's impossible to say.” Don't forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Aastha Sethi, hold no direct investment interest in any company mentioned in this article.Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence

In trading on Wednesday, shares of Ferroglobe PLC (Symbol: GSM) entered into oversold territory, changing hands as low as $2.94 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on

In trading on Wednesday, shares of Newmont Corp (Symbol: NEM) crossed above their 200 day moving average of $112.38, changing hands as high as $117.67 per share. Newmont Corp shares are currently trading up about 9.5% on the day. The chart below shows the one year performance

In trading on Wednesday, shares of Carpenter Technology Corp. (Symbol: CRS) entered into oversold territory, changing hands as low as $281.88 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measu

In trading on Wednesday, shares of International Tower Hill Mines Ltd (Symbol: THM) entered into oversold territory, changing hands as low as $1.695 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used t

In trading on Wednesday, shares of Smart Sand Inc (Symbol: SND) entered into oversold territory, changing hands as low as $4.39 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on

(RTTNews) - Adding to the two previous sessions of losses, crude oil prices have gone into freefall on Wednesday, losing the geopolitical risk premium as a comfortable victory for the Democrat party in the U.S. midterm elections eased concerns of renewed U.S.-Iran escalation.

(RTTNews) - Rebounding from the losses of yesterday's session, gold prices have surged on Wednesday as rate-hike worries associated with oil-linked inflation declined after crude oil prices plunged and the U.S. dollar slid following the U.S. midterm election results.

A study of analyst recommendations at the major brokerages shows that First Majestic Silver Corp (Symbol: AG) is the #26 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channe

(RTTNews) - Crude oil inventories in the U.S. unexpectedly edged modestly lower in the week ended October 30th, according to a report released by the Energy Information Administration on Wednesday.

(RTTNews) - Gold prices jumped nearly 3 percent on Wednesday, driven by a softer dollar and lower Treasury yields after Democrats took control of both houses of Congress in a dramatic win in the U.S. midterm elections. Softer oil prices also helped ease inflation concerns.