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 People's Bank of China continues its massive gold acquisitions. Through these actions, China's and other financial regulators are supporting the precious metals market and keeping gold prices around $3,300 per ounce.
According to Kitco, gold continues to hold above the critical $3,300 level despite selling pressure. Mike McGlone, Bloomberg Intelligence strategist, noted that while the precious metal currently has potential to rise above $4,000 per ounce, equity markets continue to weigh on its price.
Gold prices remained within their previous trading range after US President Donald Trump announced increased tariffs on Japan, South Korea, and other countries. This information was provided by Reuters.
Heraeus analysts have published a new report on precious metals, highlighting that central bank demand is supporting gold, which has not seen significant gains since hitting record highs in April.
An increase of the indicator value may contribute to the rise in quotes of Gold.
The Silver Academy expects US President Donald Trump’s tax and spending bill to accelerate price growth in the country and boost precious metals.
In June 2025, the Perth Mint in Australia reported a 16% month-over-month increase in gold coin and bar sales, totaling 32,901 ounces. The surge followed a 0.4% rise in global gold prices, making the precious metal a more attractive asset for investors.
According to Reuters, global stock markets saw significant capital inflows during the week ending July 2. The gains were driven by record-breaking performances in US equities and increased investor interest in artificial intelligence (AI) sectors.
Gold prices declined today following recent remarks by US President Donald Trump. In his statement, the politician reported progress in negotiations and an extension of tariff delays for several countries. This information was provided by the Reuters news agency.
Analysts from Citi, Motilal Oswal, and Fitch BMI warn that gold prices may have exhausted their growth potential following an extended rally. Over the past year, the precious metal's value has surged by more than 40%. The asset is unlikely to sustain similar growth rates further.
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.