Author: Charlotte

May 22, 2026 Kitco NewsWire noted that spot gold remained largely unchanged while spot silver advanced after Thursday’s closing bell, as falling crude oil prices and declining Treasury yields counterbalanced a firmer U.S. dollar. At the time of writing, spot gold was quoted near $4,542.40 per ounce, a marginal 0.04% dip, and spot silver was around $76.655 per ounce, gaining 1.03% for the session.Initial jobless claims dropped by 3,000 to 209,000 for the week ended May 16, with the prior week’s figure revised upward to 212,000. April housing starts decreased 2.8% to a seasonally adjusted annual rate of 1.465 million,…

America’s weakening job market is hitting some of Donald Trump’s key constituencies the hardest, according to data shared by “Morning Joe” economic analyst Steve Rattner. The former Treasury Department official used charts to explain how the weakening job market is becoming another source of discontent for Americans unhappy with the state of the economy under the Trump administration, including many of the president’s supporters. Rattner said that while the conversation around Americans’ economic struggles has focused “mostly on affordability and inflation, and the polls relating to it,” it was also important to talk about employment “because the news there, while…

Key TakeawaysOFAC sanctioned 6 people and 2 businesses using crypto to launder Sinaloa Cartel drug money.Exposing crypto’s illicit use, the U.S. Treasury blocked all assets of entities with 50% cartel ownership.Sec. Scott Bessent will next target more cartels after freezing US assets of these 12 linked individuals. US Sanctions Sinaloa Cartel Crypto Money Laundering Networks On Wednesday, the U.S. government Office of Foreign Assets Control (OFAC) sanctioned six individuals and two companies due to their involvement in a money laundering scheme for the Sinaloa cartel, one of the largest drug-trafficking organizations linked to the fentanyl flows entering the country. Armando…

Rai is returning to profit. And it does so after eight years and precisely at a time when it is trying to turn its buildings into cash and efficiency.The Board of Directors of public television has approved the draft 2025 budget with a positive consolidated net result of EUR 9.3 million: a figure that interrupts a long season of breakeven and that will lead to paying employees, for the first time since the current bonus system has been in force, a 100% result bonus. It is a sign of a Rai ‘that has rediscovered discipline, direction and the ability to…

The British Business Bank has appointed Charlotte Lawrence, an investment professional with over two decades of experience, as its new managing director of direct equity. In her new role, Lawrence will be in charge of the bank’s direct and co-investment activity. Her appointment follows reforms to the bank’s investment capabilities made in 2025 that mandated it to increase the number and size of investments it makes into high-growth UK scaleups. “As the Bank takes on a bigger role in providing scaleup capital, strengthening our direct investing capability is a priority,” said the bank’s chief investment officer Leandros Kalisperas. “Our direct…

Silver price consolidates around $76.50 per troy ounce amid a narrow trading session driven by Middle East developments, keeping investors uncertain about a US-Iran deal. At the time of writing, the white metal is up over 1%.XAG/USD Price Analysis: Technical outlookSilver is poised to trade sideways with key resistance levels lying overhead. Although it has printed back-to-back days with higher highs and higher lows, a daily close above $70.00 is needed if buyers would like to test higher prices.The Relative Strength Index (RSI) remains bearish below its neutral level, but it’s aiming steadily higher. This indicates that sellers are losing…

Lydia Kellett, Partner at Mishcon de Reya, provided insight to Luxury London on the generational shift in how high net worth (HNW) Millennials approach wealth generation and preservation, noting that they seem generally more willing than older investors to move beyond traditional portfolio models and consider alternative investments.    Lydia commented: “They’re generally distinguished from prior generations by a longer-term approach to investments, a greater tolerance for complexity, and an increasingly sophisticated, values-driven approach to how and where they commit capital”, and expects to see more HNW Millennials diversify their portfolio beyond public equities and bonds and into alternative asset classes.    Read the…

If you are wondering whether Royal Gold at around US$223.09 is offering good value today, it helps to break the story into recent returns, news flow and a clear valuation checkup. The stock is up 0.9% year to date and 25.2% over the past year, although it has recently fallen 8.9% over the last week and 15.7% over the last month. These moves can change how investors think about both upside potential and short term risk. Recent coverage has focused on Royal Gold’s position in the precious metals royalty space and how its asset base and contract portfolio fit into…

Bitcoin changed everything. It proved that money could exist outside of banks, governments, and borders. But as revolutionary as Bitcoin is, it was really just the opening act. Today, a new wave of crypto assets — the utility-driven tokens — is rewriting the rules, not by replacing Bitcoin, but by enabling functionalities it was never designed to offer. Welcome to the age of utility-driven tokens. What Is a Utility Token, Anyway? Most people think of crypto as either a currency or a speculative investment. Utility tokens are neither — or rather, they are both and more. A utility token is…

Once again, the bond market is signaling to the Federal Reserve that interest rates aren’t high enough. The 2-year Treasury yield, a leading indicator of the Fed’s interest rate policy, has risen to 4.1%, well above the upper end of the Fed’s target range of 3.50%-3.75%. At the same time, the yield on the 10-year Treasury — a warning about investors’ inflation expectations — nearly touched 4.7% before backing off Wednesday. “The Bond Vigilantes are threatening that if the Fed doesn’t tighten credit conditions, they will do so to maintain law and order in the economy,” Ed Yardeni wrote this…