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.
6 June
Gold News
Categories
Bloomberg analyst says price gap between oil and gold signals possible recession
Mike McGlone, senior commodity strategist at Bloomberg Intelligence, noted the growing divergence between oil and gold prices. In his opinion, this trend signals further deterioration of economic conditions and a probability of a global recession.
7 May
Gold loses ground ahead of US-China trade talks and Fed meeting results
Gold prices fell 0.7% on Wednesday as optimism over potential trade talks between the US and China dampened market interest in safe-haven assets.
7 May
Global gold consumption falls on back of yellow metal price rally
Global demand for gold fell significantly in the first three months of 2025. The decline was mainly driven by the record growth in prices for the metal. Between January and March this year, gold consumption reached 514 tons, one of the lowest levels since 2010.
6 May
China's gold market boomed during Labor Day celebrations
As noted by journalists of Bastille Post, despite high prices, the consumer market of gold in China revived during the five-day Labor Day celebrations. This was facilitated by promotional activities of local sellers.
6 May
Gold prices surged to a two-week high on Tuesday as demand for safe-haven assets increased. Investors are now expressing concerns over new tariff proposals from US President Donald Trump.
6 May
Share of gold in country’s forex reserves doubled over last 4 years — CBI
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).
6 May
Gold price growth to further outperform silver — Goldman Sachs
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.
5 May
Average gold price forecast for 2025 rises to $3,065 — Reuters poll
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.
5 May
Gold prices climb amid US trade talks and future Fed decisions
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.
5 May
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.
5 May
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.
Events impacting the gold market
- Global economic fluctuations. When the global economy changes, the price of gold is likely to react. The focus here is on seeking stability when faced with uncertainty.
- Political risks. Conflicts and political events can affect the demand for gold, too. The metal often serves as a safe-haven asset in tumultuous times.
- Real-time news. Exchanges are constantly reporting on current gold prices. Keep an eye on such news to stay informed.
- Economic reports. The release of economic reports and data can cause fluctuations in gold prices.
- Dollar influence. Pay attention to the dollar, as sometimes its exchange rate can have an impact on gold prices.
Gold in investment and finance
- Investing in gold. Many people choose the yellow metal as a long-term asset.
- Safety and confidence. Gold is considered to be a relatively "risk-free" asset that can add more stability to your portfolio.
Why follow gold news?
- To make better decisions. Knowing about the latest news helps in making informed investment decisions.
- To minimize risks. Keeping up with the news allows you to react quickly to changing market conditions.
