Industry Commentary

Read commentary from industry experts and SWP's feature writers.

Don’t have an account yet? Open one today.

For the Following Author: Reid Ashcroft

May 12, 2026

Gold steadied and bounced back this week, even as rising oil prices and a more cautious central bank backdrop kept markets on alert. In the report below, we break down what is driving renewed safe-haven demand, where key resistance and support levels sit, and why upcoming US inflation data could be the next major catalyst for gold’s direction.

May 5, 2026

Gold and silver had a rough week as a stronger US dollar, higher Treasury yields, and stubborn inflation worries pushed prices lower in the short term. In the report below, we look at what drove gold under US$4,600, why silver remained especially volatile, and the bigger takeaway that long-term demand is still holding up well, led by strong investment buying and steady central bank purchases.

Apr 28, 2026

Gold gave back some ground this week as higher oil prices and rising bond yields shifted the focus back to inflation and stronger risk markets. In the report below, we break down what drove the pullback toward US$4,712, how investor positioning has cooled across ETFs and futures, and the key technical levels that will matter as gold and silver move into what looks like a consolidation phase.

Apr 21, 2026

Gold and silver managed to hold their ground this week, even as headlines and macro signals kept markets on edge. In the report below, we look at how shifting expectations around US Iran tensions briefly improved risk sentiment, why gold is still showing resilience after recent corrections, and what elevated volatility and liquidity conditions could mean for both metals going forward.

Apr 14, 2026

Gold is trying to steady itself after a rough March, with the recent action looking more like a liquidity unwind than a true shift in long-term demand. In the report below, we cover what is supporting prices near key technical levels, why ETF flows have split sharply between Western outflows and strong Asian buying, and what this tug of war could mean for gold and silver in the weeks ahead.

Apr 7, 2026

Gold found its footing this week, bouncing off the $4,600 area and pushing back toward $4,700 as investors weighed fresh geopolitical risk against stubbornly high yields and a strong US dollar. In the report below, we cover what is driving the rebound, how continued central bank buying is supporting the bigger picture, and why silver and gold miners are still moving with a bit more sensitivity as the market stays in a consolidation phase.

Mar 31, 2026

Gold showed a bit more stability this week after the sharp sell-off earlier in March, holding above the $4,500 level even as markets stayed tense. In the report below, we break down what is keeping prices supported, why rising yields, a stronger dollar, and elevated oil are still limiting upside, and the key levels to watch as investors wait for clearer signals from geopolitics and the energy market.

Mar 24, 2026

Gold softened again this week as higher bond yields and more hawkish central bank messaging put pressure on precious metals. In the report below, we look at what is driving the latest dip, where the market is finding technical support, and why long-term demand from investors and central banks still looks resilient even with near-term volatility.

Mar 17, 2026

Gold slipped for a second straight week as rising oil prices and a firmer US dollar shifted the mood from fear to caution. In the report below, we cover what is driving the pullback, why rate expectations have become a bigger headwind, and why many analysts still see this dip as a potential opportunity given the longer-term forces supporting gold.

Mar 10, 2026

Gold took a breather this week after last week’s surge, as the stronger US dollar and a sharp jump in oil prices started to weigh on precious metals. In the report below, we break down what drove the pullback, why gold is still holding up well for the year, and what to watch next as the Middle East situation and US rate expectations continue to steer the market.

Subscribe to our Free Newsletter

We will use your information to send you a free report on offshore storage, our company newsletter and product promotions.