Gold sinks to 6-month low

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

Gold price

Gold price: $4,182.98 $XAUUSD ( 0.0% ) [View live gold price.]

Change from last week: -$264.68 (-5.95%)

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Gold news

This week’s summary of gold news and analysis.

• Gold sinks to 6-month low as speculative investors exit (archive) [Financial Times]

"Bullion set for worst quarter in almost a decade as Iran war, expectations of US rate rises and SpaceX IPO weigh on price."

• Gold's third-longest streak in 50 years just ended. Here's what comes next [Market Index]

• Gold just hit a new low for 2026, and this might be why [The Motley Fool]

• Central bank gold buying and the quiet acceleration of de-dollarization [FXStreet]

• The move into gold by other nations has happened before. It’s bad news for the U.S. dollar. ($) [Barron's]

• Gold has left the cathedral and moved back to the fast money trading desk [Investing]

🔮 Gold price forecasts

• Citi cuts near-term gold price target from $4,300 to $4,000, warns of limited upside [Kitco]

• Gold just had its worst selloff since March. A floor may be $4,000, says one veteran strategist [Morningstar]

• Oil shock prompts Commerzbank to cut 2026 gold target to $4,800/oz [Invezz]

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🌐 World gold news

Gold news from a global perspective.

🇦🇺 Australia

• Mount Todd gold mine near Katherine gearing up to restart production, with first gold bars set for 2030 [ABC News]

• Meteorite may have ‘rained gold’ on Australia [Mining]

🇨🇳 China

• China's central bank extends gold-buying streak to 19th straight month [CGTN]

• China’s PBOC adds gold again as bullion remains under pressure [Bloomberg]

• As gold prices drop, Chinese investors’ sentiment shifts [Global Times]

🇬🇪 Georgia

• National Bank of Georgia buys $100 million in physical gold [Kitco]

🇮🇳 India

• Asia Gold: India gold demand subdued on buyer caution amid volatile prices [Reuters]

India's gold tariff hike fuels smuggling revival, squeezes banks and refiners [Reuters]

🇮🇩 Indonesia

• Indonesia raids gold company in $1.4B laundering probe [Mining]

• For a decade, Public Gold Indonesia has strengthened gold literacy [Independent Observer]

🇲🇱 Mali

• Mali gold revenue rises 6.4% in 2025 despite production decline [CNBC Africa]

🇵🇱 Poland

• Neither China nor India: This is the country’s central bank that has bought more gold this year [FXStreet]

🇸🇬 Singapore

• Singapore pushes to become regional gold hub as demand for bullion rises [CNA]

• DBS expands gold offerings with market-first tokenised physical gold for customers in Singapore [DBS]

🇺🇸 United States

• Ex-CIA official accused of stealing $40m in gold bars reportedly created fake spy program [The Guardian]

🇺🇿 Uzbekistan

• Uzbekistan’s gold reserves reach record physical volume while value falls [Gazeta]

🇻🇳 Vietnam

• Thanh Hoa police bust gold smuggling ring linked to 200kg haul [DTI News]

• People crowd gold shops when prices peak, go quiet as they fall [VnExpress]

🇿🇼 Zimbabwe

• How a 42% reserve boost at one gold mine added $1 billion to Zimbabwe's mining ambitions [Business Insider Africa]

Gold-backed cryptocurrency

• New gold-backed Visa card lets users earn 6% cashback [TheStreet]

"The card will operate on the Visa network, letting users earn up to 6% cashback in XAUT."

Read more about gold-backed cryptocurrencies.

Gold Weekly features curated articles from various sources and is not financial advice.

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