Gold
Coverage of Gold in the Nexus archive.
- Gold Steady Near $4,400 as Traders Weigh US Data and Rate Path
Gold remained steady near $4,400 as traders assessed multiple factors influencing the Federal Reserve's interest-rate path. Specifically, they are weighing the competing impacts of cooling US economic data and ongoing energy-led inflation pressure.
- Batten down the hatches and allocate defensively because global liquidity has peaked, argues veteran strategist
Due to global liquidity having peaked and facing rising interest rates, Mike Howell argues that investors should adopt a defensive posture. Specifically, he advises maintaining this caution by hedging against inflation and purchasing commodities such as gold.
- A value investor’s reluctant case for gold
The article argues that concerns about the U.S. dollar have made gold relevant to a value investor who previously considered it outside their framework because it lacks cash flows. The core concern is that the stability of the US's economy, democracy, and military are all declining, evidenced by high budget deficits and rising debt service costs.
- Why copper — ‘the commodity for all seasons’ — is more precious than gold nowadays
Panumre Liberum argues that copper is highly valuable, suggesting it is more precious than gold nowadays. They claim copper offers the inflation protection of gold while also providing an industrial-backed demand growth story and relative immunity to movements in interest rates.
- Gold Is Rallying Again Thanks to Some Deep-Pocketed Buyers
Gold is experiencing a rally due to deep-pocketed buyers. ETFs are actively increasing their investment in bullion, following the pattern set by central banks.
- Barrick Mining: Q2 Earnings Snapshot
Barrick Mining Corporation reported a second-quarter profit of $1.22 billion, achieving 73 cents per share, with adjusted earnings reaching 82 cents per share. These results surpassed Wall Street expectations and the company posted revenue of $5.29 billion in the period. Shares have seen an overall climb of 86% over the last 12 months.
- A quiet rush for gold is sweeping the globe — here's why countries are stockpiling it
Amid global economic uncertainty fueled by wars, trade tensions, and inflation, central banks are increasingly stockpiling gold. According to a survey, 89% of central banks expect global gold reserves to grow, viewing it as a safe asset for diversification and protection against fiat currency instability.
- A quiet rush for gold is sweeping the globe — here's why countries are stockpiling it
Due to increasing global uncertainty from wars, trade tensions, and high inflation, central banks worldwide are accumulating gold reserves as a safe-haven asset. A World Gold Council survey found that 89% of these institutions expect global reserves to grow, leading many countries to diversify away from reliance on single foreign currencies. This purchasing trend is driven by the desire for protection against economic turmoil and geopolitical instability.
- Gold Holds Gain After Soft US Jobs Data Eases Rate-Hike Concerns
Gold steadied after recording its largest weekly gain since January. This stability was driven by traders reacting to unexpected soft US jobs data, which allayed previous concerns regarding future interest-rate hikes.
- Gold Silver LatAm Miners Gain as Dollar Dips
Gold and silver prices rose as a weaker U.S. dollar and steady real yields boosted precious metals. The gains are significant for mining operations in Mexico and Peru.
- Gold Holds Steady as Progress on Hormuz Trims Rate-Hike Bets
Gold maintained a stable trading range as progress toward an interim deal to reopen the Strait of Hormuz alleviated inflation worries and lowered expectations for a US Federal Reserve interest rate hike.
- Tether Gold reserves rise 9.5% as gold posts worst quarter in 13 years
Tether Gold reserves increased by 9.5% as gold experienced its worst quarter since 2013. XAUt added to its bullion backing during this period, with tokenized commodity holder counts continuing to rise.
- Gold at US$4,054, Silver US$58.26 as Dollar Softens
Spot gold increased by 0.27% to US$4,054 an ounce and silver rose by 0.81% to US$58.26 as the dollar weakened. GLD and SLV ETFs also saw slight gains, closing at US$371.71 and US$52.46, respectively.
- Chinese Dip-Buying Bolsters Gold as Prices Find Floor at $4,000
Chinese institutional investors have increased gold purchases, stabilizing prices above $4,000 an ounce. This activity has helped arrest the precious metal's decline.
- Gold Steady as Middle East Talks Weigh on Interest Rate Outlook
Gold prices remained stable as traders observed Middle East negotiations, which could influence the US Federal Reserve's decision on interest rate hikes.
- Gold is still in its ‘explosive phase,’ says Deutsche Bank, as it sticks to year-end target
Deutsche Bank asserts gold remains in its 'explosive phase' and maintains its year-end target. The bank notes gold has historically outperformed CPI, with this trend becoming more pronounced in recent years.
- Gold and Silver Jump as Haven Bids Lift LatAm Producers
Gold futures rose 1.02% and silver 1.92% on Monday, driven by a softer dollar and falling real yields that attracted haven buyers. The price increases boosted Mexican and Peruvian miner proxies.
- Gold Gains as Iran Talks Ease Concerns Over Interest-Rate Hike
Gold prices increased as new US-Iran negotiations were announced, potentially easing energy-driven inflation concerns.
- Man held for stealing gold from grandmother’s residence in Kadapa
A man was arrested for stealing gold from a grandmother's residence in Kadapa. The incident involved the theft of valuables from an elderly woman's home.
- Gold & Silver Retreat as Dollar Firms; Mexico Miners Dip
Gold and silver prices declined as the dollar strengthened, leading to dips in shares of Mexico’s Fresnillo and Peru’s Buenaventura.
- Tether Reports $1.5B Q2 Profit as USDT Supply Grows, Gold Holdings Rise
Tether reported a $1.5 billion profit in Q2 as the USDT supply expanded and its gold holdings increased to over 146 metric tons. The stablecoin's assets include U.S. Treasuries, repo agreements, and significant gold reserves.
- Gold Holds Gain as Japan Currency Intervention Weighs on Dollar
Gold maintained a two-day gain as the US dollar sharply declined following Japan's intervention to strengthen the yen. The move by Japan to support the yen weighed on the dollar, indirectly boosting gold prices.
- Legendary Investor Ray Dalio Still Holds Bitcoin — But Only 1% of His Portfolio
Ray Dalio holds 1% of his portfolio in Bitcoin but prefers gold, citing risks like government regulation and quantum computing threats. He has previously criticized Bitcoin's volatility and emphasized gold's reliability, while acknowledging Bitcoin's growing acceptance among traditional investors.
- Gold & Silver Rise on Softer Dollar; LatAm Miners Gain
Gold and silver prices increased as a softer U.S. dollar and safe-haven demand boosted market sentiment, with a gold-tracking fund reaching $4,085 and a silver-tracking fund hitting $58.20. Latin American miners also saw gains.
- Central Banks Bought Far Less Gold Than Thought at Start of Year
Central banks bought less gold at the start of the year than previously thought, with demand rebounding but purchases expected to decline this year, according to the World Gold Council.
- 15 kg gold, ₹28.5 crore cash recovered from former govt bus driver in Bengal’s Birbhum
15 kg of gold and ₹28.5 crore cash were recovered from a former government bus driver in Bengal's Birbhum. This is one of the largest cash recoveries in the state following a previous case involving ₹50 crore cash and 5kg gold recovered from a close aide of former Education Minister Partha Chatterjee.
- Gold Advances After Federal Reserve Keeps Interest Rates on Hold
Gold prices advanced following the US Federal Reserve's decision to maintain interest rates at current levels. The Fed's action occurred despite inflationary risks linked to the ongoing war in the Middle East.
- Eric Adams mandated NYC preschools adopt a single curriculum. Under Mamdani, they’re getting more choice.
Eric Adams mandated NYC preschools to adopt The Creative Curriculum, but under Mamdani, providers can now apply to use alternative curricula from a pre-approved list. The mandate faced backlash for limiting teacher flexibility, though the data-heavy GOLD assessment system remains required regardless of curriculum choice.
- Binance launches regulated gold, silver options through ADGM exchange
Binance has launched new commodity options for gold and silver through its Abu Dhabi-regulated ADGM exchange. These options allow traders to gain exposure to gold and silver prices via Binance's regulated platform.
- Gold steadies, silver inches higher as Mexico and Peru watch
Gold remained stable while silver saw a slight increase, influenced by softer real U.S. yields and a cautious dollar. The market movements were linked to safe-haven demand and mining exposure in Latin America, particularly in Mexico and Peru.
- Gold Flows to Hong Kong Hit Decade-High Before Clearing Launch
Hong Kong’s gold imports reached a decade-high in June, driven by preparations for the city’s newly launched clearing system and strong demand from mainland China. The surge marks the highest level since late-2014.
- Gold Holds Decline as Traders Assess Prospects for Fed Rate Hike
Gold prices held a decline ahead of the US Federal Reserve's interest-rate decision scheduled for later Wednesday. Middle East tensions continued to persist alongside the economic uncertainty.
- Gold Dips to US$4,046/oz, Silver to US$57.68/oz as Dollar Firms
Gold and silver prices fell to US$4,046/oz and US$57.68/oz respectively as a stronger dollar and steady real yields reduced safe-haven demand. Latin American investors are focusing on miners in Mexico and Peru.
- What Is a Digital Commodity?
A digital commodity is an onchain asset whose value is derived from open-market supply and demand. These assets are freely transferable and traded on public markets, behaving similarly to traditional commodities like gold.
- Gold Holds Gain as Trump Sounds Optimism Over US-Iran Talks
Gold maintained its gains as President Donald Trump expressed optimism about ongoing U.S.-Iran negotiations aimed at ending a conflict that has contributed to inflationary pressures and increased the likelihood of higher interest rates.
- Silver vs Gold: Which metal makes more sense to trade right now?
The article compares gold and silver as trading assets, highlighting their key features, the significance of the gold/silver ratio, and strategies for traders. It aims to determine which metal is more suitable for trading currently.
- Gold surges above $4,100 as US-Iran fighting pause sends oil prices lower
Gold prices surged above $4,100 as a pause in US-Iran fighting led to a 9.5% drop in Brent crude oil prices. The halt in attacks between Washington and Tehran continued for a third consecutive night, contributing to the decline in oil prices.
- Ballooning U.S. debt sends investors to bitcoin, gold to shelter from dollar devaluation
Ballooning U.S. debt has prompted investors to seek alternatives like bitcoin and gold to hedge against potential dollar devaluation. The article highlights a shift in investment strategies driven by concerns over the U.S. currency's stability.
- Gold and Silver Surge as US Dollar Dips and Bond Yields Ease
Gold and silver prices surged, with gold reaching $4,094 per ounce and silver $59.66 per ounce, driven by a weaker US dollar and lower real yields. Mexico and Peru miners are expected to benefit from the bullion price increase.
- Gold Climbs as Pause in Mideast Fighting Curbs Inflation Risk
Gold prices increased as a pause in US-Iran fighting over the weekend reduced oil supply risks and inflation concerns. The easing of tensions in the Mideast curbed fears of inflation, supporting gold's rise.