Gold prices jump as Israel’s strike on Iran boosts haven demand

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

Gold price $XAUUSD ( 0.0% )  : $3,422.38 [View live gold price.]

Change from last week: $58.68 (1.74%)

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Gold news

• Gold prices jump as Israel’s strike on Iran boosts haven demand [Investing]

• Gold surpasses euro as second-largest reserve asset: European Central Bank [Mining]

• ECB says central banks have continued to accumulate gold at a record pace [ForexLive]

• Central banks just can't get enough of gold [Business Insider]

• The gold price and the current turmoil [Asia Sentinel]

"Many central bankers sold for 6 decades, now regret it."

• Gold-dealing banks reaped $500 million as tariff panic set in (archive) [Bloomberg]

"Precious metals traders at top banks including JPMorgan Chase & Co. and Morgan Stanley posted their best performance in five years in the first quarter, in part thanks to an arbitrage opportunity that sparked a rush of bullion into the US."

• Gold Price $3500 vs. the Investing Crowd [BullionVault]

• Several African Central Banks announce plans to expand gold reserves [FXStreet]

Gold price forecasts