Advisor Metals Precious Metals Market Update for May 30, 2025

The FED’s favorite inflation gauge last month said…

The Personal Consumption Expenditures Index (PCE) less food and energy which is the FED’s favorite inflation gauge came in at +.1% for April yet…yet…was at +2.5% year over year.  For those watching that number, it is above the FED’s 2% inflation target meaning, in my opinion, no lowering of interest rates until that number goes lower.

On Wednesday, The Gross Domestic Product (GDP) number was -.3% for the first quarter.  An increase in imports ahead of tariffs caused the decline.

Gold was -1.32% for the week, silver was -1.68% for the week, and the Dow Jones Industrial Average (DJIA) was up 1.60% for the week.  Gold and silver holding above their 50 and 200-day moving averages.  Not a lot of market movement with these economic numbers and the shorter holiday week.

Until next time…