The World Gold Council (WGC) reported that gold-backed exchange-traded funds (ETFs) posted a net outflow of 19.1 tons ($1.83 billion) in May, marking the first monthly withdrawal in five months.
The World Gold Council (WGC) reported that gold-backed exchange-traded funds (ETFs) posted a net outflow of 19.1 tons ($1.83 billion) in May, marking the first monthly withdrawal in five months.
Gold prices fell 0.2% on Wednesday, weighed down by a stronger dollar and signs of easing trade tensions between the US and its major trading partners.
The British Royal Mint achieved record-breaking online sales of investment coins in the first quarter, with gold coin revenue surging 306% year-over-year.
Tether’s gold-backed stablecoin, Tether Gold (XAUT), has hit a $770 million market cap as of April 28, according to the company’s announcement following its first independent audit.
Gold prices fell 0.4% on Tuesday as trade tensions between the US and its key trading partners eased, reducing the metal's safe-haven appeal. Investors are also closely watching upcoming US economic data to gauge how the Federal Reserve (Fed) plans to proceed.
The gold rally has been driven by investors' desire to reduce risks related to Donald Trump's tariff policy. However, at the moment, some market observers point out the need to be cautious when investing in this metal.
Historical trends could pave the way for silver prices to match or even surpass the growth rate of gold. Currently, the gold-to-silver ratio stands at 98, significantly higher than its 30-year average of 68. This discrepancy signals that silver is undervalued.
Frank Holmes, CEO of U.S. Global Investors, says that gold prices could reach $6,000 per ounce by the end of Donald Trump's presidential term.
Gold prices fell more than 1% on Monday as investor sentiment improved with easing trade tensions between the US and China. This shift cooled down demand for safe-haven assets such as bullions.
The China Gold Association reported Monday that the country's gold consumption fell by almost 6% year-on-year in the first quarter of 2025, totaling 290.492 tons. Analysts linked the decline to surging gold prices.
A decrease of the indicator value may contribute to the fall in quotes of Gold.
Gold is not just glitter and beauty, but also a key asset in the financial sector.
Gold appears to be something more than just a metal. It is an indicator of economic stability and a tool for managing finances.
Staying up-to-date with the latest gold news is a key to successful management of your funds.