WatchGold Team
By Robert Gottlieb
Market commentary from the WatchGold team.
Implied gold EFP trading high but silver even higher due to tariff threats
Aug 4, 2026
While the implied December gold EFP on Watchgold shows $57.25, that is a little high due to time delays between our spot and futures prices. The broker settled December gold EFP at $56.50 which is approximately 4.25%…
The Central Bank of Tether - impact on gold
Aug 4, 2026
Tether gold purchased approximately 450k oz of gold in Q2/26 according to their external reporting, more than double the 210k oz bought in Q1/26, bringing its total holdings to 4.7Moz, worth $18.8 billion. Tether’s…
Gold and Silver Looking Perky Today
Aug 4, 2026
Gold and silver are showing encouraging price action today, while crude oil is down more than 4.5% and equity markets are rallying strongly. Both metals are holding firm and forming a base and attempting to move higher.…
Despite crude oil is down 6%, not helping gold today as USD stronger.
Aug 3, 2026
The markets are pricing in a 65-70% chance of a 25 bp USD rate hike for September's FOMC meeting. See today's 1 day spot gold/usd chart from Watchgold
Y'all Street Gold and Silver ETFs Launch
Jul 15, 2026
Texas Precious Metals has launched the Y'all Street Physical Gold ETF (YSAU) and Y'all Street Physical Silver ETF (YSAG) on the Nasdaq. They are the first physically-backed bullion ETFs to store 100% of their gold and…