Strong investor interest drives gold demand higher

A summary of the most important gold news and analysis of the last week.

Gold price: $3,298.61 $XAUUSD ( 0.0% ) [View live gold price.]

Change from last week: -$55.11 (-1.64%)

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Gold news

• Strong investor interest drives gold demand higher [World Gold Council]

• Central banks gold rush cools after historic surge [FX Leaders]

"Central banks and jewelers cut their gold purchases in the second quarter as the driving forces behind a sharp rally slowed down due to consecutive record-high prices."

• The fact that gold is not lower should tell you a lot, says State Street’s Aakash Doshi [Kitco]

• Gold may remain in consolidation phase amid central bank meets, global trade talks: Analysts [Press Trust of India]

🔮 Gold price forecasts

• Investing forecast: Gold $3679, silver price $41 at end-2025 [BullionVault]

• “This is a crack-up boom”: Florian Grummes sees $4k gold, $50 silver, and bull market for miners [Kitco]