Bill Holter: Gold's Next Leg Has Begun, This is the "Ultimate Catalyst" - Investing News Network

AI desk brief

Gold is recovering after a pullback, briefly slipping below US$4,300/oz on Sept. 1 before rebounding to nearly US$4,500/oz; silver also pushed above US$67/oz intraday. The move was tied to Fed policy signals from Christopher Waller, who said his rate stance will be heavily influenced by August inflation data, alongside a jump in Treasury yields to their highest since Nov. 2023 and renewed Middle East tensions.

On the central-bank side, the Dutch central bank said it moved about 86 tonnes of gold from New York and Ottawa to London between March and August, citing increasing geopolitical unrest and the need for more balanced reserve distribution in a crisis. The piece also notes oil briefly moving above US$90/bbl, adding to the broader inflation-and-risk backdrop supportive for precious metals.