Gold falls to over one-year low

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

Gold price: $3,917.13 $XAUUSD ( 0.0% ) [View live gold price.]

Change from last week: -$179.27 (-4.38%)

This week’s summary of gold news and analysis.

• Gold falls to over one-year low below $3,900 amid inflation concerns, US PPI data looms [FXStreet]

• Central banks are exploring Asian gold hubs for safe storage of reserves - DBS [Kitco]

• Gold SWOT: central bank gold buying remains strong in 2026 [GoldSeek]

• Gold could see $3.3 billion in buying on index rebalancing after 13% decline – Société Générale [Kitco]

• Gold prices find solid support at $4,000 as Standard Chartered sees rally to $4,650 by year-end [Kitco]

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Gold news from a global perspective.

• Brightstar hits largest ever gold intersection at Two Mile Hill [Australian Mining]

• China extends gold buying streak to 24 months as prices slump below $4,000 [Investing]

• Battle for Asia’s bullion crown: Singapore steps up challenge to Hong Kong [South China Morning Post]

• Ghana pushes for more domestic stake in medium-scale mining [African Mining Market]

• Gold Demand Trends: India Focus Q3 2026 [World Gold Council]

• Gold prices crash 24% globally but fall only 20% in India: Why domestic buyers aren't seeing the full price correction [Livemint]

• Physical gold demand rises in India ahead of Diwali [Reuters]

• Oudomxay investigates eight illegal gold mining cases, public questions official oversight [The Laotian Times]

• Netherlands lacks oversight of country's €70 billion gold reserve, watchdog says [NL Times]

• Russia sends record 165 tons of gold to China as Moscow sells off reserves to fund war [UNITED24 Media]

• MAS launches gold vaulting service with 500-tonne capacity, extends GST waiver to some gold services [CNA]

"The service aims to provide foreign central banks, international financial institutions, and sovereign entities with a secure option to hold gold reserves in Singapore."

• Singapore wants a bigger slice of the global gold market. Is it too late to the party? [CNBC]

• Thailand weighs gold trade reporting to curb money laundering [Nation Thailand]

• Tighter regulation not enough to stop importing illicit gold to UAE: report [Mining]

• ‘I launched an online gold shop in 2008. Now it turns over £564m’ ($) [The Times]

"Bullion By Post had a jump in orders for its precious metal bars and coins after the chancellor’s policies favoured investors over savers."

• The ‘world’s most expensive biryani’ is coming to London – with 23-carat edible gold [TimeOut]

"Until the end of the year, north Indian restaurant Copper Chimney at Westfield is offering a £210 biryani."

• More central banks expected to shift gold reserves out of the US [The Banker]

• Old people are falling for gold scams like crazy [ZeroHedge]

"Across the country, older Americans are draining their savings into gold bars and handing them to strangers."

• Buy and sell gold with cryptocurrencies with low fees, secured and insured in professional vaults. (sponsor)

• Tether Gold gets first Big Four audit after five years of limited disclosures [Crypto News]

• Gold-backed tokens shine in falling crypto market, defy Bitcoin and Ethereum’s downturn last week [Benzinga]

Read more about gold-backed cryptocurrencies.

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

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