Gold

Gold prices declined as renewed US airstrikes in Iran threatened an interim peace deal, which could affect inflation and interest rate hikes.

China’s central bank extended its gold-buying streak to 20 consecutive months in June, adding 480,000 troy ounces to its reserves. The total gold holdings reached 75.44 million troy ounces, reflecting Beijing’s efforts to diversify foreign-exchange reserves amid de-dollarisation discussions.

China’s central bank extended its gold-buying streak to 20 consecutive months in June, adding 480,000 troy ounces (14.93 tonnes) to its reserves. Total gold holdings reached 75.44 million troy ounces (2,346 tonnes), reflecting Beijing’s de-dollarisation efforts and diversification of foreign-exchange reserves.

China’s PBOC purchased the most gold since 2023 as bullion prices fluctuate. The article highlights increased gold buying by the central bank amid market swings.

Gold prices remain steady as traders monitor the Fed's interest-rate outlook. The focus is on potential changes in monetary policy affecting the precious metal's value.

Buenaventura, Peru’s largest listed precious-metals miner, has poured the first gold bar at its new San Gabriel mine in Moquegua. The mine aims to produce 70,000 to 80,000 ounces of gold in 2026 and process 2,000 tonnes of ore daily.

Veteran trader Peter Brandt is contemplating selling some of his bitcoin for gold. The decision reflects a strategic shift in asset allocation.

Gold prices stabilized following a weekly gain as concerns over potential interest rate hikes diminished. The market's reaction reflects reduced fears of tighter monetary policy impacting investment demand for the precious metal.

Gold and silver prices surged on July 2, with gold rising 2.3% and silver 3.8%, driven by Federal Reserve comments that eased fears of rate hikes and caused the dollar to decline from a 14-month high.

Gold maintains its gains as weak U.S. jobs data reduces the likelihood of a rate hike. Lower odds of increased interest rates are supporting the precious metal's value.

Bitcoin's price held at $61,000 following weak US jobs data that reduced fears of rate hikes, prompting capital to shift into Bitcoin and gold. Analysts speculate bulls may push BTC toward $70,000.

Gold and Silver rose for a second consecutive day, with gold increasing 0.63% and silver 1.30% on July 1. However, a firm dollar and the jobs report leave the confirmation of a market bottom uncertain.

Gold prices maintained their gains following remarks by Warsh that reduced expectations of a Federal Reserve rate hike. The comments eased concerns about tighter monetary policy, supporting the precious metal's value.

Burglars stole cash and gold from a locked house in Habeebnagar. The incident involved the theft of valuables from a secured property.

CPI(M) opposes the government's approval for mining in Agency areas, with party State secretary Srinivasa Rao expressing concerns that it will enable private companies to exploit valuable minerals like gold, beach sand, iron ore, and bauxite under the pretext of Ease-of-Doing Business.

Gold prices declined further on Wednesday, continuing a downward trend after experiencing its worst quarter since 2013. The drop is attributed to fears surrounding interest rates impacting bullion.

Gold fell 0.9% to about 3,971 and silver dropped 1.76% to 57.48 on June 30, marking gold's worst quarter since 2013. A strong dollar and rate-hike fears contributed to the decline in metal prices.

Cheveley predicts gold will recover over the next few months. The statement highlights an expected upward trend in gold prices.

Gold prices remain steady as US-Iran peace talks influence expectations for inflation. The article references Austrian philharmonic gold coins as an example of gold-related assets.

Fresnillo, the world’s largest primary silver producer, agreed to a $110m investment in Sinda, a silver-and-gold explorer. Sinda recently listed on the New York Stock Exchange, raising $213m through a share sale.

Gold's price is currently around $4,000 and faces potential challenges as it approaches what could be its worst quarter in 13 years. An analyst notes the calendar may still be favorable for the precious metal.

Gold and silver prices fell on June 29 as a 'death cross' technical indicator confirmed a downtrend. Gold dropped 0.77% to approximately $3,986, while silver reached $57.69.

Gold prices dropped as heightened tensions between the US and Iran negatively impacted inflation expectations. The geopolitical uncertainty influenced market perceptions of economic stability.

Pandora and Swarovski have closed many stores in China due to declining brand appeal as consumers shift to gold and lab-grown diamonds. Pandora's sales in China have declined annually since 2019, when it operated over 240 stores and generated $300 million in revenue.

Gold prices declined due to renewed US-Iran tensions and inflation concerns. The Perth Mint Refinery, operated by Gold Corp., is mentioned in the context of gold storage in Perth, Australia.

A selloff in gold and silver is causing Bitcoin to decline as investors shift away from precious metals and cryptocurrencies.

Gold and silver rebounded from multi-week lows on June 26, with gold near $4,088 and silver near $59. The recovery followed in-line US inflation data easing fears of Federal Reserve rate hikes and a softer dollar. The article was first published on The Rio Times.

African governments aim to increase control over gold resources, but a significant portion of the gold's value remains exported. The article highlights the challenge of retaining economic benefits within the continent.

Hong Kong is advancing reforms to its listing rules and introducing new financial products like bond futures and gold, as stated by Deputy Financial Secretary Michael Wong Wai-lun during the 26th anniversary of Hong Kong Exchanges and Clearing (HKEX). The reforms include optimizing weighted voting rights and easing overseas secondary listings.

A chain theft occurred on a crowded TSRTC bus, leading to the arrest of one suspect and the recovery of stolen gold. The incident highlights a successful police response in retrieving the stolen items.

Central banks shifted from the dollar to gold, leading to a 29% crash in gold prices. The article questions if this move exchanged one risk for a worse store of value.

Gold prices stabilized near $4,000 as recent inflation data reduced market expectations of upcoming interest rate hikes. The easing of rate-hike bets contributed to the metal's steady performance.

The Boksampalli gold blocks in Anantapur, spread over 1,740 hectares in the Ramagiri-Penakacherla Greenstone Belt, are set to be auctioned after exploration by the Geological Survey of India (GSI). These blocks are considered highly prospective for gold and Platinum Group Element (PGE) deposits.

Ecuador must reopen its frozen mining cadastre by end-June under an IMF deadline, which could enable progress on stalled copper and gold projects. The IMF's involvement highlights the urgency of the decision.

Gold prices have fallen below $4,000, and silver has dropped below $60, with gold down nearly 8% and silver down over 20% this year. The article questions whether the recent rally in precious metals has lost momentum.

Commodities such as oil, silver, copper, and gold experienced significant declines, with prices dropping between 2.71% and 7.09%, driven by a Middle East ceasefire reducing the war premium. The crash benefited countries that purchase raw materials.

Gold prices remain near $4,000 as a stronger U.S. dollar and interest rate expectations weigh on the market. China's affluent consumers are driving increased demand for gold jewelry due to a property boom and high stock market valuations.

The state government, led by Minister Kollu Ravindra, aims for a 32% growth in the mining sector by accelerating exploration of gold, beach sand minerals, iron ore, and manganese. Gold deposits have been identified in Anantapur and Chittoor districts.

Gold, silver, and bitcoin are falling to their lowest levels of the year due to a strong dollar and fears of interest-rate hikes. Investors are blaming Kevin Warsh for the decline in these assets.

The price of gold dropped below $4,000 an ounce due to expectations of higher US interest rates, which made the dollar and US government bonds more attractive as safe-haven assets. Gold fell 3.4% to $3,978.67 an ounce.