Gold prices jumped almost 2% last Friday, reaching its highest level in a week. This was likely due to the released U.S. job numbers which only added 73,000 jobs in July. This number was much less than expected and increased expectations that the Federal Reserve will likely cut interest rates later this year. Lowered interest rates are usually favorable for gold as a non-yielding asset.

On the trade front, President Trump’s latest round of tariffs on exports from major U.S. trading partners sparked renewed volatility in global markets. Historically, gold has thrived in periods of economic and geopolitical tension.

Fidelity predicts gold prices could reach $4,000 per ounce by year-end, driven by rate cut expectations, a weaker U.S. dollar, and ongoing trade tensions. Gold, already up 27% this year, remains one of the strongest-performing assets in 2025. This bullish outlook aligns with Goldman Sachs gold forecast.

Due to popular demand Goldline is extending last week’s Deal of the Week for this week as well. You are still eligible to receive 20 Kennedy silver half dollars for FREE with your qualified 1/10 ounce gold purchase. Additionally, call your Account Executive to find out about additional client-only specials.

With each purchase of twenty (20) 1/10th ounce gold coins of your choice, you will receive twenty (20) Kennedy silver half dollars in brilliant uncirculated condition at no additional cost. You may mix and match the gold coins and there is a wide variety to choose from. Please note, this offer does not qualify for IRA purchases.

Call 800-827-4653 to take advantage of this deal or to find out about other client-only specials.

Below you can find news that may be influencing your investment decisions.

Call Goldline Now 800-827-4653