Gold scales record high, sprints towards $3,000 milestone

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

Gold price USD/OZ: $2,987.84 [View live gold price.]

Change from last week: $77.16 (2.65%)

Gold news

• Gold scales record high, sprints towards $3,000 milestone

• Gold hits new dollar record, $25 off $3000, as Trump's trade war worsens

• Gold price climbs as investors seek safety amid tariff flip-flop

• Gold News: Is an early Fed rate cut the key to the next rally?

• Gold may rise as high as $3,500 in third quarter, Macquarie says

• Could ‘crazy’ buying by central banks drive gold to US$3,500?

• Western investors turn back to gold: What it means for the gold price rally

• The U.S. dollar’s global decline could spell victory for gold

• Investors are finally paying attention as ‘gold thrives on uncertainty’ - State Street’s George Milling-Stanley

• Gold mining ETFs shine in early 2025

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World gold news

🇦🇺 Australia

• Australia’s record gold exports to US set back its case for tariff relief as Trump trade war looms

🇧🇴 Bolivia

• Bolivia’s new state gold trader eyes $1 billion in purchases this year

🇨🇳 China

• China's central bank ups gold reserves for fourth straight month in February

• Hong Kong busts $5.9M gold smuggling case in Japan-bound shipment

• 'Hermès of Gold' beguiles the affluent with exclusivity, ancient designs

🇬🇭 Ghana

• Ghana leads Africa’s gold production as new deposits boost output

🇮🇳 India

• Reserve Bank of India's post-Covid gold addition second highest globally

• BJP brought back country's gold mortgaged by UPA: Sambit Patra (archive)

• AI powered gold loan ATM launched in Warangal, first in country

🇮🇩 Indonesia

• Bullion bank’s impacts on downstream gold sector

"The presence of the bullion bank is expected to boost domestic gold downstreaming. It is a measure to prevent gold from flowing abroad."

🇮🇷 Iran

• Iran bets big on gold as it weathers Trump turmoil

"Iran says it has turned much of its reserves into gold, as gold imports soar to three times the level of last year."

🇮🇶 Iraq

• Iraq enjoys one of the highest gold reserves in the Arab world

🇯🇴 Jordan

• Central Bank: Gold reserves rise to 4.763 billion dinars by end of February

🇸🇬 Singapore

• Gold rush as US traders turn to Singapore for bullion

🇹🇭 Thailand

• Thai baht’s gold-fuelled rally is now at risk, strategists say

🇦🇪 United Arab Emirates

• Gold prices In Dubai vs India: Check import duty, restrictions

"Historically, Dubai's gold markets have thrived as key centres for gold collection, sale, and trade."

🇬🇧 United Kingdom

• HSBC’s head of precious metals Paul Voller retires from bank

🇺🇸 United States

• Trump, Fort Knox and the curious case of billions of dollars worth of ‘missing’ gold

• i-80 Gold delivers positive economics for Granite Creek underground, open pit in Nevada

🇺🇿 Uzbekistan

• Uzbekistan’s gold and foreign exchange reserves reach record $45 billion

🇻🇳 Vietnam

• Gold prices rise to historic highs

Gold-backed cryptocurrency

• Bahrain-regulated crypto exchange enters $1B tokenized gold market as RWA demand grows

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.