GoldNuggets — Shocks, Secrets, Silver

GoldNuggets Digest: new highs in the gold price, non-reported central bank buying, China gold buying, silver price in perspective, commodity supercycles...

Jun 16, 2025

The GoldNuggets Digest is our free publication. It contains "nuggets" of Charts & Research that come across our desk on gold and investing which we think might be interesting and useful for investors.

Please feel welcome to share this with friends and colleagues! :-)

n.b. just a friendly reminder to check out the latest Monthly Gold Market Chart pack in case you missed it (and please subscribe to support our work).

Monthly Gold Market Chartbook - May 2025

New Closing High

The US$ gold price has notched up a new all-time closing high in the wake of the Israeli preemptive strikes on Iran and the escalating situation.
This goes to show how not only have geopolitical factors been helping reinforce the uptrend in gold, but also how gold remains an important risk hedge for geopolitics and other shocks. (source)

Hidden Buying

Tavi Costa highlights “Central banks have been buying nearly four times more gold than what has been publicly disclosed, according to Bloomberg. A new gold rush is unfolding in real time.“ (source)

China Gold Buying

ZeroHedge points out Goldman Sachs analysis finding: “China continues to secretly buy 10x more gold (27 tonnes) than it reports (3 tonnes)“ (source)

Silver in Perspective

Jordan Roy-Byrne shares this very interesting longer-term perspective: “The circle shows the point I was talking about: when Silver broke-out to an all-time high, in 1973 ...what happens when Silver breaks $50?“ (source)

Commodity Supercycles

Incrementum ponders on commodity cycles: “Are we witnessing the start of the much awaited commodities supercycle? Surely, the Silent Depression can't last forever...“ (source)