Central banks spearhead renewed gold rush

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

Gold price: $4,324.45 $XAUUSD ( 0.0% ) [View live gold price.]

Change from last week: $39.30 (0.92%)

This week’s summary of gold news and analysis.

• Central banks spearhead renewed gold rush [Reuters]

• Gold rises to over two-month peak as U.S. inflation data dampens rate hike bets [Reuters]

• Gold posts strong gains... has its resurgence begun? [Economies]

• Gold buyers are coming back. What happens next could decide the rally. [Business Insider]

• Gold's breakout could force investors back in: Chart of the Day [Yahoo Finance]

• Lance Roberts: Returning to gold backed money could worsen economic outcomes [Traders Union]

• Gold Price: LBMA Snapshot Survey of Professional Analysts [LMBA]

"Gold is forecast to price at around $4,500 at year-end according to the average of a survey of 16 professional analysts conducted, during July, by LBMA. The highest year-end number from the survey was $5,100, the lowest $3,879."

• Gold could reclaim $5,000/oz in two years, prices could gain 9% in 2026 - Catalyst Funds’ Miller [Mining Discovery]

• UBS sees gold price challenging $5,000/oz in H1 2027 on lower real rates, softer USD and strong sovereign demand [Kitco]

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Gold news from a global perspective.

• Afghanistan’s gold rush transforms lives and landscapes in Badakhshan [Gulf News]

"Gold mining boom brings jobs to Badakhshan, transforming mountains and communities alike."

• China's central bank adds 20 tons to gold reserves in July [Bloomberg News]

• China’s gold consumption rises 1.23% in H1, jewelry sales slump while investment demand soars - China Gold Association [Kitco]

• China official gold buying accelerates as it brings some of its gold home [FX Street]

• China’s gold buying is not simply a bet against the dollar [Armstrong Economics]

• Egypt’s supply ministry to upgrade gold stamping systems with modern technology to tighten market regulation [Daily News Egypt]

• Africa’s largest gold producer ends central bank gold-buying arrangement [Business Insider Africa]

• How Gen Z could turn India into an economic superpower with $3.4 trillion gold treasure [WION]

• Indonesia launches first gold ETF to expand bullion market [The Jakarta Post]

• Forging Indonesia’s gold chain: from underground reserves to central bank vaults [investortrust]

"Indonesia possesses an estimated 3,600 metric tons of geological gold reserves, ranking fourth globalized, yet Bank Indonesia holds just 87.1 metric tons in official monetary reserves."

• Bank of Korea makes first gold-linked investment in 13 years [Bloomberg]

• Sudan official gold exports match 2025 total in six months, minister says [Sudan Tribune]

• UK’s FCA to regulate tokenized gold to preserve London’s place as the top hub for bullion [CoinDesk]

• Venezuela looks to UK-held gold reserves for reconstruction as inflation surges [Reuters]

• Vietnam gold firms face fresh scrutiny after inspection findings; historical violations at major companies involving tax evasions [Bloomberg]

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• World's biggest private gold holder Tether gives users weeks to exit vault [Investing Live]

"Tether, the largest known private holder of physical gold outside central banks, is shutting its gold backed lending platform Alloy, giving the last handful of users until Sep. 17 to withdraw their bullion backed tokens."

Read more about gold-backed cryptocurrencies.

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

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