Attack on Israel boosts appeal of gold, safe-haven assets

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

Gold price USD/OZ: $1,876.49 [View live gold price.]

Change from last week: $56.23 (3.09%)

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Gold news

Attack on Israel boosts appeal of gold, safe-haven assets

Gold's safe-haven demand come as the market is ripe for a short squeeze

Central banks a catalyst for $2,100/oz gold – TDS

Gold remains an attractive long-term asset as short-term pessimism remains elevated - NDR's Tim Hayes

World news

🇦🇺 Australia

Newcrest shareholders approve Newmont’s $15 billion takeover

🇨🇦 Canada

Brink’s suing Air Canada over Pearson gold heist

🇨🇳 China

Shanghai gold prices spike after holiday week, supporting global rally

🇮🇳 India

Gold price slump may boost demand from India’s festive shoppers

🇮🇩 Indonesia

Indonesian tycoon said to weigh selling gold miner Archi

🇳🇬 Nigeria

West Africa’s gold powerhouse with over $1 billion in reserves

🇵🇰 Pakistan

Bullion prices see sharp decline as Pakistan gold market switches to interbank trading

🇨🇭 Switzerland

Swiss postal system is going for the gold

🇹🇷 Türkiye

Turkey’s Central Bank reserves fall by $3.3B after 15 weeks of consecutive increase

Gold-backed cryptocurrencies

Embracing the golden transition: Zimbabwe’s trailblazing gold-backed digital token

Read more about gold-backed cryptocurrencies.

Gold Weekly features curated articles from various sources and is not financial advice. For advertising and news submission requests, contact us.