The correlation between Bitcoin (BTC) and Ethereum (ETH) is structurally high and stable, typically ranging between +0.80 and +0.90 across various time horizons, with 30-day figures around +0.88 and one-year values between +0.82 and +0.91. This relationship is markedly different from the BTC-Gold correlation, which averages only about +0.10 to +0.13 and can sometimes be…
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Silver exchange-traded funds (ETFs) have surged in popularity among investors seeking exposure to precious metals due to their ease of access, tradeability, and storage convenience. However, while these financial instruments offer undeniable benefits, they also come with significant drawbacks compared to owning physical silver. Understanding the fundamental differences between silver ETFs, which provide indirect…
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Silver (XAG) is undergoing a severe correction phase since its peak in January 2026 (~$120/oz) down to current levels of $58 (Western spot) and $64.79 (Shanghai). This 52% retracement reflects a conflict between strong physical fundamentals (green industrial demand, COMEX inventories under pressure) and macroeconomic headwinds (hawkish Fed, strong dollar, Iran ceasefire). Data…
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Gold is currently a structurally important asset. Although the gold market may be consolidating around $4,000, one market strategist believes investors should focus less on short-term price fluctuations and more on gold's evolving role in the global financial system. Robert Minter, director of investment strategy at Abrdn, said the recent correction had little impact…
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This week, Mike Roy reviewed two important ratio charts that help understand gold's position in its long-term bull market and where it may head next.
The first chart is the crucial long-term gold/DXY ratio. DXY itself is a ratio chart measuring the relative strength of the U.S. dollar against a basket of major…
Central bank demand will push gold prices higher in 2026. Despite the second quarter being the worst for gold in 12 years, as a sharp rise in energy prices increased inflation expectations and created the possibility of interest rate hikes, central bank demand will help gold finish the year on a positive note, according to…
After reaching an all-time high in January 2026, gold prices continued to decline during the first half of the year, raising investor concerns about further drops and whether it is an opportune time to buy.
While short-term forecasts are uncertain, analysts are more confident in predicting gold's long-term trajectory, citing strong fundamentals despite temporary macroeconomic…
Gold prices are currently near fair value, setting the stage for further growth, according to WisdomTree's commodity and macroeconomic research head, Nitesh Shah. He believes the sharp correction in gold prices earlier this year did not mark the end of the long-term bull market but rather a return to fair value. Shah sees an opportunity…
On the last day of June, gold traded at $4,023 per ounce. Oversea-Chinese Banking Corporation (OCBC), a major Southeast Asian bank, lowered its year-end gold forecast from $5,100 to $4,360, citing rising real yields, a stronger U.S. dollar, and a more hawkish Federal Reserve policy.
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The bank also reduced its silver forecast by about…
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