News Articles

The gold market has given back some of Wednesday's gains and prices are testing initial support around $1,950 an ounce after Federal Reserve Chair Jerome Powell said the Federal Reserve is prepared to hold interest rates at an elevated level for longer than expected to get inflation back down to its 2% level.... Neil Christensen

The latest data from the International Monetary Fund’s (IMF) International Financial Statistics (IFS) report showed that Russia’s central bank increased their gold reserves in August, and they have now returned to the level they were at the beginning of 2023.... Ernest Hoffman

Switzerland is the world's biggest bullion refining and transit hub, while China and India are the largest consumer markets with local demand sensitive to high prices and time of the season.... Reuters

Gold prices gained on Monday, helped by a slight pullback in the dollar as investors awaited a series of key central bank policy meetings this week... Reuters

Gold jumped 1% on Friday, helped by a weaker dollar and safe-haven buying after United Auto Workers union kicked of strikes at three automakers in Detroit . . . .Brijesh Patel

The value of inbound gold shipments grew to $4.9 billion in August from $3.5 billion a year earlier, according to a person familiar with the matter . . . . Shruti Srivastava and Swansy Afonso

Monday ushered in a noticeable dip in the silver market, casting a veil of uncertainty over traders as they grapple with . . . . Christopher Lewis

Gold prices are moderately down and hit a three-week low in midday U.S. trading Tuesday. . . .Jim Wyckoff

In the last commentary I wrote, I suggested exiting the precious metals. . . .Jonathan Da Silva

A fixation among central banks on expanding their gold reserves since 2022 has driven investors to also allocate more of the safe haven asset . . . .Filip De Mott