LBMA delegates expect gold to reach about $5,013.30 and silver to hit $94.70 within 12 months, betting that central bank buying, sovereign debt concerns and industrial consumption will outweigh pressure from elevated rates and bond yields.
China added 21 tonnes of gold in September, its largest monthly purchase in three years, while foreign exchange reserves declined 1.11% to $3.4 trillion and the central bank extended its buying streak to 23 months.
McDonald's comparable sales grew just 0.8% as estimated visits fell and shares sank 32% from February's peak, raising pressure on management to repair service, win franchisee support, and compete more effectively with Burger King's resurgence.
Hong Kong imported 112.7 tonnes of Russian gold in seven months, surpassing 2025’s annual record as Western restrictions redirected bullion toward China and strengthened the city’s role as a leading Asian trading hub.
Bitcoin’s fall below $83,000 triggered roughly $696 million in liquidations and dragged major cryptocurrency stocks lower, while rising Treasury yields and unusually weak trading volume added pressure across the digital asset market.
SpaceX shares slipped as a reported $40 billion financing plan raised fresh questions about leverage, even as the company points to billions in monthly AI compute revenue and a new hosting agreement worth roughly $13 billion in annual recurring revenue.
New Treasury rules let companies and certain charities place publicly traded shares into children’s Trump Accounts, creating lessons in ownership and possible tax benefits while exposing recipients to concentration risk and a mandatory five year holding period.
Consumers raised their one year inflation outlook to 3.9% and expected spending growth to 5.5%, complicating the Federal Reserve’s policy debate as markets anticipate steady rates in October but substantially higher borrowing costs in five years.
Kristalina Georgieva warned France to contain borrowing and restore fiscal credibility as bond yields climb, violent student protests spread and the government seeks parliamentary support for spending cuts worth tens of billions of euros.
Meta’s Muse leads app rankings and has helped lift investor enthusiasm, but lasting success depends on whether consumers trust the agent, find valuable uses and keep returning after the initial excitement fades.
Finnish regulators have frozen major construction activities at Google’s planned Muhos and Kajaani data centers, complicating a $15 billion investment campaign as environmental assessments become the latest hurdle facing Europe’s rapidly expanding AI infrastructure market.
The Nasdaq-100 and S&P 500 are setting records, but a $44 million SPY put spread and an even larger, unusual Meta options transaction reveal striking skepticism beneath the market’s powerful rally.
A bipartisan House panel says Webull’s ownership, technology operations and data flows expose American investors to Chinese government demands. Webull rejects the findings, but its stock plunged 18% as scrutiny intensified around its $24.6 billion in customer assets.
Treasury yields returned to multiyear highs as markets awaited a $39 billion sale of 10 year notes, with inflation, debt and term risk concerns testing whether investors will buy without demanding an even larger premium.
Gold’s resilience above $4,000 despite bond yields exceeding 5% is challenging an old market relationship, as mounting sovereign debt, changing bond buyers and persistent Asian demand strengthen the case for hard assets.
Michael Khouw says 5.3% bond yields offer investors meaningful income and pressure gold, but persistent inflation, fiscal problems and the steady erosion of fiat currency purchasing power leave the metal’s fundamental wealth preservation role intact.