According to official statistics, the People's Bank of China (PBOC) built up its gold reserves for the seventh month in a row in May. Despite ongoing fluctuations in the price of the yellow metal, the regulator continued to diversify its national reserves.
Since Donald Trump's inauguration, tokenized gold has emerged as one of the fastest-growing sectors in crypto, with its market capitalization rising 21%, according to a CEX.IO report.
On Friday, gold broke through the significant threshold of $3,200 per ounce for the first time, reaching a new all-time high. This surge was boosted by the escalating trade confrontation which led investors to seek safe-haven assets.
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
Unprecedented global uncertainty supports rising gold prices. As a safe-haven asset, it keeps attracting investors, and experts forecast further increases in the precious metal’s value. So, Nicky Shiels from MKS PAMP has revised her expectations for gold prices in 2025 upward.
Gold remains steady above $3,000 an ounce, even as investor sentiment improves following Donald Trump's announcement of a 90-day pause in planned tariff increases, according to a report from Kitco News.
Gold prices rose more than 1% on Thursday as investors turned to safe-haven assets following another round of trade tensions between the US and China.
MarketGauge analyst Michelle Schneider advises investors to exercise caution before buying gold or silver, given the current heightened economic uncertainty. Despite silver's recent rebound, Schneider warns against making hasty investment decisions.
According to the World Gold Council (WGC), gold exchange-traded funds (ETFs) recorded their biggest inflows for a first quarter in three years during the initial three months of 2025.
Gold prices rose by 0.6% on Wednesday, supported by increased investor demand for safe-haven assets amid escalating global trade tensions.
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.
