Why gold is set for another ‘price explosion’
Gold Price: $2,640.13 News: Gold ETFs registered fifth month of inflows in September, says WGC
Your weekly summary of the most important gold news and analysis of the last week.
Gold price USD/OZ: $2,640.13 [View live gold price.]
Change from last week: -$24.15 (-0.9%)
Gold news
Central banks may buy less gold in 2024: World Gold Council
Gold ETFs registered fifth month of inflows in September, says WGC
Goldman Sachs raises gold forecast to $2,900 by 2025
UBS says gold to break through $3,000/oz in 2025
Gold is going to $3,000 as the market faces a tectonic shift - Capitalight’s Shieven
Why gold is set for another ‘price explosion’
Gold at $100,000 per ounce, a possibility
"Renowned gold trader Peter Schiff stated that the yellow metal might hit $26,000 or even $100,000 an ounce if it could increase from $20 to $2,600. He discussed his opinions on world economic matters, such as the depreciation of the US dollar, China’s resilience, and the effect of US foreign policy on public debt."
World news
🇨🇳 China
China’s central bank purchases no gold for fifth straight month in September
🇬🇭 Ghana
China's Zijin Mining to buy Newmont's Ghana gold project for $1 bln
Can Ghana’s new gold coin help stabilise the local currency?
🇭🇺 Hungary
Gold SWOT: Hungary has raised its gold reserves, citing the precious metal’s role as a haven
🇮🇳 India
Festive hopes fade for India's gold industry after price surge
🇮🇹 Italy
Mesmerising cathedral mosaics made with 2 tonnes of gold return to former glory in Sicily
🇰🇿 Kazakhstan
Kazakhstan ranks among top ten nations with highest increase in gold reserves
🇸🇬 Singapore
🇨🇭 Switzerland
Buy and store gold bullion and coins in Switzerland 🇨🇭(sponsor)
🇺🇸 United States
Costco’s gold bars fly off shelves as bullion prices smash records
🇻🇳 Vietnam
Hong Kong man hides 3 kg of gold in shoes, private area on flight to Hanoi
Gold-backed cryptocurrencies
Meld Gold launches gold and silver-backed stablecoins on XRP Ledger, leveraging native features
Read more about gold-backed cryptocurrencies.
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