Stacking News/Blog

Gold & silver face another potentially WILD week! 🥇🥈 FOMC Minutes, Treasury auctions, US housing and manufacturing data, China’s economy, and Iran/Hormuz risks could all move precious metals. With three Fed officials pushing for a rate hike at the last meeting, Wednesday could be especially volatile. Here are the biggest gold & silver watchouts for August 17–23, 2026.

Get ready for a major week for gold and silver. CPI, PPI, retail sales, Treasury auctions, Fed commentary, the US dollar, Treasury yields, and ongoing Iran and Strait of Hormuz tensions could all drive major moves in precious metals. Here’s what stackers should be watching each day and why it matters.

Gold & Silver Weekly Watchouts for July 13–17, 2026: Key events that could move precious metals this week, including CPI, PPI, Federal Reserve speakers, retail sales, COMEX activity, Treasury yields, and ongoing Iran/Strait of Hormuz risks.

Light macro week for gold and silver due to Memorial Day, with key data including Consumer Confidence, Jobless Claims, and ongoing Iran/Strait of Hormuz tensions. Full outlook for stackers.

Chapter V: The Fiat Era and the Great Bull Market 38. The Nixon Shock of 1971 Ended Dollar Convertibility into Gold On August 15, 1971, President Richard Nixon suspended the conversion of foreign official dollar holdings into gold. The decision effectively closed the gold window and ended the central mechanism of Bretton Woods. Gold’s annual average price was approximately $40.80 in 1971. It averaged around $58 in 1972, exceeded $97 in 1973, and averaged roughly $159 in 1974.