By Alasdair Macleod
GoldMoney, Toronto
Friday, October 17, 2025
The question facing dealers in precious metals is whether gold, silver, and platinum group metals have become Giffin goods. If so, further rises will create new demand with sellers retreating.
Gold and silver have had a rip-roaring week with their prices rising almost vertically. In European morning trade, gold was $4340, up $320 from last Friday's close. And silver at $54 was up nearly $4. Adding to the sense of a gathering run on bullion stocks, reports from around the world are of queues of retail buyers no longer worried by high prices but seeking to buy small bars and coin in both metals before prices go even higher.
... Dispatch continues below ...
... ADVERTISEMENT ...
Buy metals at GoldMoney and enjoy international storage
GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars.
To learn more, please visit:
http://www.goldmoney.com/?gmrefcode=gata [1]
Investors are also missing out, belatedly buying into exchange-traded funds on a scale that's still small compared with the amount of investible funds. The chart below from the World Gold Council shows how September's ETF inflows have jumped. ...
... For the remainder of the analysis:
https://www.goldmoney.com/research/gold-and-silver-now-its-fomo [2]
* * *
Join GATA here:
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Sunday-Wednesday, November 2-5, 2025
https://neworleansconference.com/gata/ [3]
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:
https://tinyurl.com/3xt6uw66 [4]
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
http://www.gata.org/node/16 [6]
Donations of $250 will entitle the donor to a 1-ounce silver round commemorating GATA's work:
https://www.gata.org/sites/default/files/GATA-silver-round-front.png [7]
