ounce

Gold has been a symbol of wealth and a trusted store of value for centuries. As one of the most traded precious metals, it plays a pivotal role in financial…

The People’s Bank of China (PBoC) reported that its gold reserves remained unchanged at 72.8 million ounces (2,264 tons) at the end of September, according to Commerzbank commodity analyst Carsten…

After a significant hiatus, North American investors are once again taking the lead in the gold rally, evidenced by a robust demand for exchange-traded funds (ETFs) in September. The World…

Global physically backed gold exchange-traded funds (ETFs) recorded inflows for the fifth consecutive month in September, driven by increased holdings in North America, according to the World Gold Council (WGC)…

Since 2021, central banks have been on a historic gold-buying spree, pushing the metal to consecutive record highs. Now, attention turns to whether this strategy could extend to other precious…

Gold and silver prices sharply declined Tuesday morning, reaching three-week lows following reports that Hezbollah, the Lebanon-based militant group, expressed interest in discussing a ceasefire with Israel. The news, signaling…

Politicians and central banks have often attributed recent inflation to factors like the COVID-19 pandemic and supply chain disruptions. However, a growing body of economic commentary points to the surge…

Gold prices came under pressure following the release of stronger-than-expected U.S. labor market data. The price briefly dipped to just over $2,630 per troy ounce before partially recovering, according to…

Gold (XAU/USD) traded in the $2,620 range on Tuesday, reaching the lower boundary of its recent $50 trading band. The precious metal faced pressure after China’s fiscal stimulus measures, announced…

Daniel Ghali, a commodity analyst at TD Securities, suggests that high gold prices are not aligning with the current market expectations for interest rate cuts and could be due for…