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.
The share of gold in the foreign exchange reserves of the Indian regulator has doubled over the last 4 years as of the end of March. The data was presented in Monday’s report of Reserve Bank of India (RBI).
Goldman Sachs predicts that gold will continue to outperform silver due to strong central bank demand for bullion. Consequently, the investment bank does not anticipate silver catching up with the ongoing increase in gold prices.
According to the latest Reuters survey, analysts are for the first time predicting an average annual gold price above $3,000. In just three months, the median forecast for this year has surged from $2,756 to $3,065.
Gold prices rose 0.7% on Monday, supported by a weaker US dollar and investor sentiment surrounding Donald Trump's policies and the upcoming Federal Reserve (Fed) meeting.
As reported by Kitco News, gold prices are currently rising across global markets, driven largely by buyers and sellers in Asia, particularly China and India.
According to Money Metals, central banks kept buying gold in the first quarter of 2025. Significant gold buyers were China, Qatar, Turkey, Egypt, and Azerbaijan. De-dollarization remains a key factor driving metal buying.
CoinDesk highlights a shift in activity in the gold market, with purchases by central banks slowing down and demand from exchange-traded funds (ETF) and gold-backed cryptocurrencies rising.
A decrease of the indicator value may contribute to the fall in quotes of Gold.
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.
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.