Here is a summary of the Gold futures high and low prices and the dates, along with the current price:
The one-day drop in the price of gold (via futures) was very large. Given that, I’ll walk through what likely drove the drop, where the risks lie going forward, and what the potential upside/scenarios could be. Note: this is not investment advice — just my take on how the pieces fit together. (more…)
Here’s a breakdown of how I see the recent drop in gold prices — whether it looks like a pullback, a rout, or a buying opportunity — along with what the market consensus appears to be.
Gold recently peaked above US $4,300/oz before dropping ~2 % (or more) in a short span, after hitting a record high.
The drop is attributed to a combination of:
A firmer U.S. dollar (makes gold more expensive in other currencies)
Some easing in safe-haven demand (for instance, comments from U.S. leadership around trade with China)
The fact that gold is now “overbought” in many analysts’ views, suggesting a technical correction might be underway.
gold bars
The comparison between the biggest single-day dollar drop for Bitcoin and gold year-to-date (YTD) 2025 is stark due to their massive difference in price per unit.
Gold has significantly outperformed both the S&P 500 and the Dow Jones Industrial Average (DJIA) so far this year (Year-to-Date).
Based on recent market data:
Note: The exact percentages can vary slightly depending on the specific date and whether the stock index returns include dividends (Total Return) or just the price change (Price Return). (more…)
gold bars
The COMEX (Commodity Exchange Inc.) is the world’s primary futures and options market for trading metals like gold, silver, and copper.
COMEX provides a regulated and transparent platform where participants can manage risk, speculate on market movements, and gain exposure to the underlying assets.
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Based on the latest available data, the spot price of gold has experienced a significant jump today and has seen a substantial increase year-to-date.
Jump in Gold Price
Gold prices reached an all-time high today, with the spot price for one troy ounce climbing to over $3,530. This surge is attributed to several key factors:
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PEOPLE WILL LOSE THEIR GOLD & SILVER Ray Dalio explores the hidden forces shaping the future of gold and silver. As global economic shifts accelerate, most people will lose their precious metal holdings without even realizing why. This video uncovers the economic mechanics, market patterns, and systemic triggers that will Read more
A 4-diver crew day and night and hitting a hot paystreak in the Bering Sea.
Gold miners as they brave the harsh conditions of the Bering Sea in search of gold. (more…)
Arizona gold medal detecting requires covering a lot of ground in the Sonoran desert.
Personally, prospecting around the Morristown Wickenburg areas for over the last 3 years I’ve seen all sorts of wildlife.
I’ve come across a number of wild donkeys, huge jackrabbits and the number of rattlesnakes. But, with that said I have never seen a Gila monster, well, at least not yet.
Here are some interesting facts about the Arizona Gila Monster: (more…)
Gold prospecting on the Barry M. Goldwater Range (BMGR) in Yuma is a complex issue due to its primary purpose as a military training range.
While portions of the BMGR are open for public recreation, there are significant restrictions and dangers to be aware of.Here’s a breakdown of what you need to know: (more…)
The largest reported gold nugget found in Arizona weighed 61.5 ounces (3.84 pounds)25. This impressive nugget was discovered in the mountains of Arizona, though the exact location is not specified in the search results.
Another significant find was the “Eureka” gold nugget, which is reported to be the second-largest ever found in Arizona. (more…)
The entire gold mining process at Round Mountain Mine, Nevada.
Nevada is often called the “Silver State,” but it’s an absolute powerhouse when it comes to gold production.
Australian Gold Medal detecting using the Minelab GPZ 7000 detector.
Prospectors returned to a goldfield they thought already cleaned out — but this time, they brought something new. (more…)
The question of whether the Lost Dutchman’s Gold Mine was an actual, producing gold mine is at the heart of the legend.
Jacob Waltz did possess and display very rich gold ore. This is a point that lends credence to the idea that he found a significant source of gold. (more…)
Why has the Trump & Elon going toFort Knox for an audit of our gold seem to have dropped out of the news?
A hypothetical audit of Fort Knox revealing that only half the gold was present would send shockwaves through the global economy, leading to a cascade of significant and largely negative effects. Here’s a breakdown of what would likely happen: (more…)
spot gold price
The relationship between de-dollarization and gold is a complex one, tied to global economic and geopolitical trends.
Here’s a breakdown of the key factors: (more…)
The price of gold has been hitting new highs for a confluence of reasons, reflecting a complex interplay of economic, geopolitical, and market factors. Here are the main drivers: (more…)
The last time a full, physical audit was conducted of the gold reserves at Fort Knox was in 1953.
Since then, there have been limited inspections, but none constituted a comprehensive audit:
Large natural gold nugget
The spot gold price rose as much as 3.8% to as high as $3.095.13 an ounce Wednesday, the biggest intraday increase since March 2020!
“Gold is currently the ultimate safe haven as worries about US fiscal stability continues to rise,” said Ole Hansen, head of commodity strategy at Saxo Bank AS. (more…)