Gold Imports from Switzerland Up 1,100% on Trade Concerns
Gold shattered all previous records this week, surging past $2,800 as President Trump’s aggressive trade stance rattles global markets.
The combination of 25% tariffs on Mexican and Canadian imports, Chinese trade tensions, and domestic policy uncertainty has created ideal conditions for precious metals.
With the Federal Reserve holding rates steady and inflation concerns growing, markets are on edge – and gold is making its fifth consecutive weekly gain. Catch up on more gold and silver news.
Why Major Banks Are Betting on $3,000+ in 2025
A growing number of banks are adjusting their gold price forecasts higher in 2025.
However, extrapolating from 2024’s performance suggests even higher potential — with possible targets exceeding $3,300.
With gold recently making new all-time highs, could the banks be underestimating gold’s potential once again?
Watch Alan’s Full Analysis Here
Gold Cruises Past $2,800
Gold shattered records this week, powering through $2,800 amid global trade tensions and economic uncertainty. Fed Chair Powell’s hint at fewer rate cuts this year only briefly paused the rally, with markets now expecting just 50 basis points of cuts in 2024. The precious metal logged its fifth consecutive weekly gain as investors seek safe-haven assets.
Meanwhile, silver continues its impressive 2025 run, outpacing gold with a robust 9.1% gain year-to-date. Industrial demand remains strong, particularly from the EV and renewable energy sectors, while investment demand has surged on inflation concerns.
The metal’s dual role as both an industrial commodity and monetary metal has attracted increased attention, with several major banks raising their price targets for 2025.
Our friends at Auvere are back with a Valentine’s Day sale: Save 15-20% on exquisite 22k gold and sterling silver pieces, with deeper discounts on orders over $2,500. All discounts apply automatically at checkout, even on already marked-down items.
What Else is News?
GOLD RUSH TO AMERICA
A massive $6 billion wave of gold flooded from Switzerland to US shores in December, marking an 1,100% surge from November as traders raced to beat potential tariffs. The unprecedented 64.2-ton shipment triggered notable market dislocations, with US gold futures commanding substantial premiums over London spot prices.
LONDON GOLD HUB UNDER PRESSURE
London’s dominance in global gold trading faces an unprecedented challenge as physical reserves drain to both the US and China. With only 300 million of London’s billion-ounce stockpile available for trading, the traditional bullion banking model shows signs of strain.
SILVER DEFICIT STREAK CONTINUES
The silver market is heading for its fifth straight year of supply deficit in 2025, with industrial demand expected to increase to 700 million ounces. Booming demand from green technology, EVs, and AI applications is driving the shortfall, even as traditional sectors face headwinds.
CANADIAN OIL TARIFF SHOWDOWN
Trump’s 25% Canadian oil tariffs are set to go through today, with major implications for North American energy trade. The decision could reshape North American energy markets and impact 4 million barrels of daily oil flow.
What GoldSilver Investors are Saying
What sets GoldSilver apart?
Real people providing expert guidance when you need it most. No automated responses, no complications – just clear, reliable support.
Ready to build a more secure financial future?
Getting started is simpler than you might expect.
Log In Now to Buy Precious Metals
Til next time,
Brandon Sauerwein
Editor
GoldSilver