gold

Gold tops $4,100 in three-session rally as dollar weakens

Gold pushed past the $4,100 level on Wednesday, July 22, building on a three-session advance that has added hundreds of billions of dollars in combined precious metals market value. The move comes as the U.S. Dollar Index softened and investors…

Gold climbs above $4,070 as weak dollar fuels rally

Gold climbed above $4,070 per ounce on Tuesday, July 21, rising 1.63% from the previous session as a weakening U.S. dollar and persistent geopolitical uncertainty drew investors back into precious metals. The move extended a recovery from gold's recent dip…

Gold climbs as U.S.-Iran ceasefire talks ease oil fears

Gold prices climbed more than 1% on Tuesday as markets reacted to renewed diplomatic efforts aimed at de-escalating the U.S.-Iran conflict, easing concerns that elevated oil prices could fuel further inflation and push the Federal Reserve toward additional rate hikes.

Gold holds above $4,000 as Iran proposes 10-day ceasefire

Gold steadied above the $4,000 mark on Tuesday after reports surfaced that mediators had presented the United States with a proposal for a 10-day ceasefire with Iran, offering a temporary reprieve from weeks of escalating geopolitical tension that has whipsawed…

Gold steadies near $4,000 amid Iran conflict, Fed uncertainty

Gold hovered near $4,000 an ounce on Monday as investors weighed escalating U.S.-Iran hostilities against growing expectations that surging oil prices could push the Federal Reserve toward a rate increase, raising the opportunity cost of holding bullion. Spot gold edged…

Gold hovers near $4,000 after losing 28% since January peak

Gold continued to trade around the $4,000-per-ounce level on Thursday, July 16, extending a punishing decline that has wiped out roughly 28% of the metal's value since it peaked near $5,595 in late January. The slide marks one of the…

Gold heads for biggest weekly loss in six as U.S.-Iran conflict fuels rate hike bets

Gold was on track Friday for its steepest weekly decline in six weeks, weighed down by a surge in oil prices tied to escalating hostilities between the United States and Iran that reignited inflation concerns and bolstered expectations that U.S.…

Gold slips below $4,000 as oil-driven rate fears mount

Gold prices fell below $4,000 per ounce on Thursday for the first time in weeks, as surging crude oil prices driven by escalating U.S.-Iran tensions kept interest rate expectations elevated, overshadowing softer inflation data. The decline extended a months-long retreat…

Gold slides below $4,050 as U.S.-Iran conflict fuels rate hike expectations

Futures tracking Canada's S&P/TSX Composite edged lower on Thursday as gold prices continued their decline, with investors remaining cautious amid fresh U.S. airstrikes on Iran and persistent uncertainty over the conflict's trajectory.

Gold surges after June CPI posts steepest drop since 2020

Gold rallied sharply on Tuesday after a cooler-than-expected U.S. inflation report weakened the dollar and revived hopes that the Federal Reserve could hold off on further rate hikes. Spot gold rose more than 1% to around $4,046 per ounce in…

Gold slips as U.S.-Iran conflict fuels rate hike fears

Gold prices headed for a decline in early Asian trading on Monday as the escalating U.S.-Iran conflict created a paradox for precious metals: geopolitical risk that would typically support bullion was instead being overshadowed by a stronger dollar and expectations…

Silver climbs back above $60 as dollar weakens

Silver prices edged above $60 per ounce on Friday during European trading, recovering from a mid-week selloff as a softer U.S. dollar and retreating energy prices provided a tailwind for precious metals. Gold also gained, climbing toward $4,143 per ounce…

Poland’s central bank has bought 82 tons of gold in 2026

Poland's National Bank (NBP) has purchased 82 tons of gold so far in 2026, Governor Adam Glapiński announced at a news conference in Warsaw on Thursday, reinforcing the country's position as the world's most aggressive central bank gold buyer for…

Gold drops sharply as hawkish Fed minutes fuel rate hike fears

Gold prices fell sharply on Wednesday as the release of hawkish Federal Reserve meeting minutes, a stronger U.S. dollar, and elevated Treasury yields combined to push the metal to its lowest level in over a week.

Gold drops to one-week low as dollar surges on renewed Iran strikes

Gold prices fell to their lowest level in nearly a week on Wednesday, pressured by a firmer U.S. dollar and renewed geopolitical tensions that boosted oil prices and stoked inflation concerns, as investors braced for the release of the Federal…

Gold’s three-year bull market officially ends after 150% rally

Gold's three-year bull market has officially ended, according to Bloomberg, capping a rally that saw prices surge roughly 150% from late 2022 before peaking near $5,586 an ounce on January 29. The metal has since fallen into bear market territory,…

Gold falls as Iranian missile strike on Hormuz tanker boosts dollar

Gold prices fell on Tuesday after a tanker was struck by a projectile in the Strait of Hormuz, reigniting energy-driven inflation fears and pushing the U.S. dollar higher against rival currencies. The attack erased gains from the prior week, when…

Beijing expands yuan liquidity, bond access in Hong Kong

Beijing and Hong Kong authorities on Tuesday announced a broad package of measures to strengthen Hong Kong's position as the leading offshore renminbi hub, expanding cross-border financial connectivity and enhancing the city's role in global currency, bond, and gold trading…

Hong Kong launches gold clearing system to rival London

Hong Kong inaugurated the trial operation of its central gold clearing and settlement system on Tuesday, marking the city's most concrete step yet toward challenging London's centuries-old grip on global bullion trading infrastructure.

China’s PBOC makes largest gold purchase since 2023

The People's Bank of China added 480,000 troy ounces of gold to its reserves in June, its largest monthly purchase since late 2023, as the central bank took advantage of a sharp drop in bullion prices to accelerate its diversification…

Global stocks head for best week since May after weak U.S. jobs data

Global equity markets were poised for their strongest weekly performance since early May on Friday, as softer-than-expected U.S. jobs data eased fears of an imminent Federal Reserve rate hike, sending relief through stock and commodity markets worldwide.

Gold nears $4,200 as weak jobs data eases Fed hike fears

Gold rallied sharply on Thursday, breaking above $4,100 per ounce after a disappointing June employment report undercut expectations for further Federal Reserve interest rate increases. The move snapped what had been the metal's longest weekly losing streak since mid-2023 and…

Central banks bought 41 tonnes of gold in May despite steep price slide

Central banks worldwide are maintaining their appetite for gold despite the metal's steepest quarterly decline since 2013, with two major surveys confirming that official-sector demand remains a structural pillar of the market even as prices have fallen more than 25%…

Silver surges past $61 as weak June jobs report dims Fed rate hike bets

Silver prices rallied sharply on Thursday after the US economy added far fewer jobs than expected in June, weakening the dollar and reducing bets that the Federal Reserve will raise interest rates in September. The precious metal climbed above $61…

Gold rebounds above $4,000 after worst quarter in 13 years

Gold clawed back above $4,000 per ounce on Wednesday after briefly touching its lowest level since November 2025, capping what Reuters described as the metal's worst quarterly decline since the second quarter of 2013. The precious metal fell roughly 14%…

Gold surges after Warsh tempers rate hike fears at Sintra

Gold prices staged a sharp reversal on Wednesday, climbing more than 2% after Federal Reserve Chair Kevin Warsh said inflation expectations and risks have declined, and a softer-than-expected private payrolls report undercut the case for near-term rate hikes. The rebound…

Gold drops to seven-month low, posts worst quarter in a decade

Gold prices in Pakistan fell sharply over two consecutive sessions on June 29 and 30, shedding a combined Rs6,400 per tola to settle at Rs424,836, as the domestic market tracked steep losses in the international bullion market where spot gold…

Gold hovers near $4,000 as US-Iran talks stall in Doha

Gold hovered near $4,000 an ounce on Tuesday as traders weighed conflicting signals from US-Iran diplomacy in Doha and fresh labor market data that showed the American economy on steady footing.

Central banks plan to shrink dollar holdings for first time, survey finds

For the first time, more of the world's central banks intend to cut their dollar allocations than increase them over the coming decade, according to a survey released Tuesday by the Official Monetary and Financial Institutions Forum. The findings reflect…

Gold miners fall as bullion slides toward $4,000

Shares of major gold mining companies declined Monday as spot gold extended its weeks-long retreat, falling toward the $4,000-per-ounce level amid growing expectations that the Federal Reserve will raise interest rates before year-end.