Gold has had a remarkable run, with the metal's price roughly doubling since March 2024. But the more compelling story isn't the price of bullion — it's what's happening to the companies that dig it out of the ground.
Inflation fears are driving expectations that the Federal Reserve will have to raise interest rates as early as next week, and they have taken their toll on the precious metals market, including platinum.
Gold declined. Thursday's U.S. PPI release and Friday's CPI data are likely to set the tone around rate-hike expectations for the Sept.
The biggest gold miners on earth are making more money than they know what to do with. They've paid off the debt.
Spot gold and silver prices are lower in late-afternoon U.S. trading Tuesday, as rising crude oil prices, elevated Treasury yields and firmer Fed-hike expectations outweighed the safe-haven bid from renewed U.S.-Iran tensions.
ETFs, futures and options positioning all indicate that gold remains in a broad-based bull market in 2026, with multiple independent demand channels reinforcing one other, according to analysts at Société Générale.
The People's Bank of China (PBoC) added 20.2 metric tonnes of gold to its reserves in August, its largest monthly purchase since October 2023, the State Administration of Foreign Exchange (SAFE) announced on Monday. Last month's purchases brought the country's total official holdings to roughly 2,387 tonnes.
Gold fell in early Asian trade. The precious metal faces near-term headwinds including the risk of a U.S. sticky inflation reading this week, that could reinforce expectations of a rate hike, Zaner Metals said.
What to know about safe havens and the U.S., as the Netherlands' central bank follows France in pulling gold out of New York.
There's an old saying that if you have to explain why something isn't important, there is probably a reason people are paying attention to it.
Gold bulls are not heading into the long weekend without a fight after stronger-than-expected employment data sparked a brutal selloff Friday morning.
Even though central banks have been ramping up their bullion purchases in recent years, a simple comparison of the value of U.S. treasuries and gold in countries' official reserves is misleading, as gold's price appreciation has been driven largely by private demand, while most official gold reserves are still held by countries that haven't purchased any in over 50 years, according to Colin Weiss, Principal Economist for Global Financial Flows at the Federal Reserve.