Switzerland’s current account surplus shrank sharply in Q2 2025, dragged down by turbulent swings in gold trade linked to fears over U.S. tariff policy. According to data released by the Swiss National Bank (SNB) on Tuesday, the surplus dropped to 10 billion Swiss francs ($12.6 billion) between April and June—less than half the 25 billion […]

The post Swiss Current Account Surplus Hit by Gold Trade Volatility Amid U.S. Tariff Jitters appeared first on The Jewelry Magazine.

With President Donald Trump’s apparent plans to nominate Stephen Moore and Herman Cain to the Federal Reserve Board, attention has turned once again to the gold standard, a policy option once advocated by both men. Trump himself has expressed admiration for the gold standard. To be clear: I don’t at all favor a gold standard. […]

The post Best argument for gold standard is Trump himself appeared first on The Jewelry Magazine.

Gold held steady on Friday as risk appetite faded after the European Central Bank cut its growth forecasts and launched an emergency round of policy stimulus, while a strong dollar capped gains ahead of U.S. non-farm payrolls data. Fundamentals Spot gold was steady at $1,285.17 per ounce as of 0119 GMT. U.S. gold futures were […]

The post Gold steadies as ECB stance drag equities; US jobs data eyed appeared first on The Jewelry Magazine.