gold

Bitcoin falls 46% as bond yields hit highest since 2008

Global bond yields have climbed to their highest since the 2008 financial crisis, placing Bitcoin in an environment of elevated borrowing costs it has never experienced. The cryptocurrency has fallen 46% over the past year while gold has risen 32%,…

Asian currencies gain as Fed rate hike odds fall to 30%

Asian currencies strengthened against the US dollar on August 17, 2026, as market expectations for a Federal Reserve rate hike in September faded following a string of weaker-than-expected US economic data.

Gold holds near highs as Strait of Hormuz standoff keeps markets on edge

Global commodity markets opened the week in a cautious but elevated posture on August 17, as the ongoing crisis in the Strait of Hormuz continued to underpin safe-haven demand for gold and keep oil prices elevated. Iran's position barring transit…

Gold hits 10-week high as China’s record buying streak reaches 21 months

The People's Bank of China added about 20 tons of gold to its reserves in July, its largest single-month purchase in nearly three years, as the central bank extended a buying streak that has now lasted 21 consecutive months.

Oil, gold climb on shipping attacks and tensions ahead of CPI

Oil and gold prices climbed on Wednesday as escalating geopolitical risks — including attacks on shipping in the Red Sea, a North Korean missile launch, and stalled negotiations over the Strait of Hormuz — drove investors toward safe-haven and energy…

Oil hits $90 as gold reaches 10-week high amid Iran standoff

Oil prices touched $90 a barrel on Tuesday while gold climbed to a 10-week high of $4,400 per ounce as the U.S.-Iran stalemate over the Strait of Hormuz deepened, sending conflicting signals through global commodity markets now caught between supply-shock…

Gold tops $4,400 for first time in two months ahead of key US inflation data

Gold advanced past $4,400 an ounce on Tuesday to reach a two-month high, rising for a third consecutive session as traders positioned ahead of key US inflation data that could shape the Federal Reserve's next move on interest rates.

Global bond yields hit 20-year highs amid ‘fiscal train wreck,’ analyst warns

Long-term government bond yields are climbing across developed economies as the accumulated weight of pandemic-era borrowing, persistent budget deficits, and rising defense expenditures reshapes the global fixed-income landscape, according to a new analysis from Brookings Institution senior fellow Robin Brooks.

Gold hits three-week highs as best week since January nears 7% gain

Gold resumed its bullish advance on Friday, climbing above $4,300 an ounce to reach its highest level since mid-June, capping what is shaping up to be its strongest weekly performance since January with gains approaching 7%. The move marks the…

Gold, silver post best week of 2026 as Bitcoin lags behind

Gold and silver surged to multi-week highs this week, posting their strongest weekly gains of 2026, while Bitcoin barely budged. By Friday, gold traded near $4,323 an ounce, up roughly 7% on the week, and silver climbed approximately 14% to…

Gold surges past $4,350 after U.S. economy sheds jobs in July

Gold surged past $4,350 an ounce on Friday after the U.S. economy unexpectedly shed jobs in July, delivering a dramatic miss that slashed expectations for further Federal Reserve rate hikes and sent investors rushing into the precious metal.

UBS sees gold reaching $5,000 after rally past $4,200

Gold rallied more than 4% on Wednesday, pushing above $4,200 an ounce in its largest single-day gain in months, as the fallout from a rare U.S.-Japan currency intervention continued to reshape market dynamics and raise questions about policymakers' grip on…

Gold, silver climb as Iran’s Hormuz demands rattle markets

Gold and silver prices climbed on Friday as renewed uncertainty over the Strait of Hormuz pushed investors toward safe-haven assets, while equity markets in Asia whipsawed and the euro weakened against the U.S. dollar.

PBOC posts largest monthly gold purchase since Oct. 2023

China's central bank accelerated its gold accumulation in July, adding 640,000 ounces — nearly 20 metric tons — to its reserves in the largest monthly purchase since October 2023, according to official data released Friday. The People's Bank of China…

PBOC builds up gold reserves in Hong Kong, shifting stockpile from London

China's central bank has been quietly building up gold inventories in Hong Kong over the past few months, accelerating a shift of reserves away from London and closer to home in a move that bolsters the city's push to become…

Gold retreats from $4,300 as Iranian strikes revive rate hike fears

Gold prices rallied to their highest level in seven weeks this week, briefly surpassing $4,300 an ounce, as a potential Iran-Oman agreement on reopening the Strait of Hormuz combined with soft US employment data to cool expectations of Federal Reserve…

Iran-Oman shipping deal sends oil lower, gold past $4,300

Iran announced it had reached an agreement with Oman on a proposed shipping route through the Strait of Hormuz on Wednesday, raising hopes for a partial resumption of energy flows through the critical waterway and a potential path toward ending…

Gold miners surge as bullion reclaims $4,300 level

Gold mining stocks posted their strongest single-session gains in months on Wednesday as bullion prices extended a two-day rally that has reclaimed much of the ground lost during the summer selloff, with gold futures swinging back above $4,300 per troy…

Gold posts biggest daily gain in six months as dollar drops

Gold futures posted their largest single-day gain since early February on Wednesday, climbing above $4,250 an ounce to reach a seven-week high as the U.S. dollar weakened and optimism grew around potential geopolitical de-escalation in the Middle East.

Gold, silver rally as Hormuz deal hopes ease rate fears

Gold climbed toward $4,100 an ounce and silver surged more than 3% on Tuesday as diplomatic progress on reopening the Strait of Hormuz sent oil prices sharply lower, easing inflation concerns and reducing pressure on the Federal Reserve to raise…

Gold slips near $4,050 as US-Iran deal hopes cool demand

Gold prices eased to near $4,050 per ounce during early Asian trading on Tuesday, pulling back from a recent rally as shifting expectations around US-Iran negotiations reduced demand for the safe-haven metal. The decline came as investors weighed progress toward…

Gold retreats after Fed holds rates but signals possible September hike

Gold whipsawed on Wednesday and into Thursday as the Federal Reserve held interest rates steady but sent hawkish signals that tempered an initial rally, leaving the metal caught between relief over no immediate tightening and growing expectations of a September…

Chinese yuan hits 3.5-year high as dollar weakens after Fed holds rates

The Chinese yuan strengthened to 6.76 per US dollar on Thursday, its firmest level since early 2023, after the Federal Reserve held interest rates steady and offered no forward guidance on its next move.

China’s gold imports surge 89% in first half of 2026

China imported 864.95 tonnes of gold in the first half of 2026, an 89.1% jump from 457.39 tonnes in the same period last year, as declining international prices and a stronger yuan drew investors and commercial banks back into the…

Gold slips as Fed set to announce rate decision today

Gold prices edged lower on Wednesday as investors braced for the Federal Reserve's interest rate decision later in the day, with the precious metal weighed down by a firm U.S. dollar hovering near a one-month high.

Gold rises as U.S.-Iran fighting pause enters third day

Gold climbed toward $4,100 an ounce on Monday as a pause in hostilities between the United States and Iran entered its third day, easing oil-driven inflation concerns that had weighed on the metal for weeks. Silver outperformed, jumping nearly 3%…

Gold posts weekly gain as US-Iran war pushes oil past $100

Gold ended the week higher as the escalating military conflict between the United States and Iran sent crude oil prices above $100 per barrel for the first time since May, driving investors toward safe-haven assets even as the stronger dollar…

Gold pulls back as oil rally fuels Fed rate hike fears

Spot gold retreated on Thursday after touching a two-week high in the previous session, as a sustained rally in crude oil prices stoked inflation fears and reinforced expectations that the Federal Reserve will raise interest rates at its September meeting.…

Gold, silver hit two-week highs as U.S.-Iran strikes fuel safe-haven demand

Spot gold climbed above $4,100 an ounce on Wednesday, reaching a two-week high, while silver touched $60 as precious metals extended a multi-session advance driven by escalating U.S.-Iran hostilities that have overwhelmed the usual drag from elevated Treasury yields and…

Gold edges higher as U.S.-Iran strikes enter 10th night

Gold edged higher on Wednesday, July 22, with spot prices climbing toward the $4,120 range, as the escalating conflict between the United States and Iran continued to drive safe-haven demand while simultaneously complicating the outlook for Federal Reserve policy.