Gold powers past $2,400 before easing, as Mideast fears boost safe-haven appeal

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

Gold price USD/OZ: $2,387.18 [View live gold price.]

Change from last week: $0.86 (0.04%)

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Gold news

Gold powers past $2,400 before easing, as Mideast fears boost safe-haven appeal

$2400: Gold's tulip moment?

“Anyone know why gold prices jumped? Anyone know what comes next...?”

Gold prices hit a record high. What's behind the surge?

Here’s why gold at $3000 and silver at $50 is a real possibility in 2024

Gold seen hitting $3,000 at Citi on investor Inflows and fed expectations

HSBC CEO Noel Quinn says future tokenised products, like gold offering, will be ‘backed by something real’

Gold prices at a record high are keeping pawn shops busy

World news

🇨🇦 Canada

Air Canada employees are suspects in Toronto Airport gold heist

🇨🇳 China

China is now the world's largest consumer of gold

China’s gold markets under strain as horde of new buyers hunts for stable investment

Why China is on a gold buying spree

🇮🇳 India

Rising gold prices drive Indians into jewellery recycling; here's what experts say

🇲🇾 Malaysia

Budding investors should invest in gold bars rather than jewellery, gold association

🇨🇭 Switzerland

Swiss March gold exports down on lower shipments to India

Swiss customs reviews import of Russian gold in May

🇹🇷 Türkiye

Switzerland sent $3.6 billion of gold to Turkey in Jan, the most since at least 2012

🇬🇧 United Kingdom

LME bans Russian-origin metal after UK, US impose new sanctions

🇺🇸 United States

Any U.S. attempt to restrain gold price would backfire – Jeffries’ Christopher Wood

🇻🇳 Vietnam

SBV to resume gold bar auctioning

“VGP - The State Bank of Viet Nam (SBV) has finalized necessary procedures to restart auctioning gold bars to increase market supply after an 11-year hiatus.”

🇿🇼 Zimbabwe

Zimbabwe gold won't solve the country's problems

Gold-backed cryptocurrencies

Gold-backed PAXG token spikes to $2.9K amid geopolitical tensions

Gold-backed stablecoin market is still a niche subsector

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.