StoneX Research
By Rhona O'Connell
Market intelligence and research across precious metals and commodities, published by StoneX.
Warsh opens up (a bit) at Jackson Hole; ECB Minutes support a hike - and much more
Sep 4, 2026
Central Bank Policies and Inflation Outlook Federal Reserve officials and minutes indicate a shift toward more restrictive policy stances (p. 9, p. 17). Kevin Warsh stated at Jackson Hole that forward guidance has…
StoneX video interview on how the bond market will outwit the Treasury
Aug 29, 2026
https://www.youtube.com/watch?v=7HDM3KTq35U
Precious Metals Front Desk - metals, economics, financial developments
Aug 29, 2026
US Debt and Bond Market Developments US national debt has reached critical levels, impacting bond and gold markets (p. 9). US debt exceeded $40 trillion for the first time on August 18, 2026, and is close to the…
Bonds, basement and US debt (2-minute read)
Aug 21, 2026
US Treasury's Liquidity Support Buyback Expansion (p. 2) The U.S. Department of the Treasury announced on August 19, 2026, that it is doubling the size of its liquidity support buyback operations for longer-dated…
StoneX Precious Metals Front Desk presentation 19th August
Aug 20, 2026
Global Precious Metals Market Dynamics Gold prices have risen sharply, driven primarily by financial flows and futures-market activity rather than physical shortages (p. 2, p. 3, p. 5). Gold ETF holdings reversed…
Short video on the Fed, gold supply, Indian silver demand
Aug 18, 2026
Please see this short video on the latest action in the gold and silver markets https://www.youtube.com/watch?v=EytEAu3559A&list=PLseYUvaoguNgZ1uZ8iOzlxmmoe4AxgMut&index=1
StoneX Precious Metals Front Desk weekly presentation; Trump having another crack at Lisa Cook
Aug 14, 2026
Precious Metals Market Dynamics and Performance Gold and silver experienced a sharp rally following weaker-than-expected US employment data, with gold testing $4,400 and silver trading around $65 (p. 9). Technical…
Short video on last week's action; this week's US numbers
Aug 11, 2026
Please find the link here https://www.youtube.com/watch?v=b5gOZlNaTA8
Gold and silver roundup written for retail clients; Nonfarm headline number may be misleading
Aug 11, 2026
US Employment and Economic Outlook The US Nonfarm payrolls fell by 23,000 jobs, contrary to expectations of an 80,000+ gain, triggering a sharp rally in gold (above $4,300) and silver (around $64) (p. 1). The job loss…
Short video from Rhona on silver's foibles
Aug 7, 2026
Please find the link here https://www.youtube.com/watch?v=0KOu4J8cUIo&list=PLseYUvaoguNgZ1uZ8iOzlxmmoe4AxgMut&index=2