Second quarter gold demand hits record highs, supporting rising prices

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

Gold price USD/OZ: $2,463.55 [View live gold price.]

Change from last week: $95.42 (4.03%)

Gold news

Gold keeps hitting fresh record highs. Here’s what could lift it closer to $3,000.

Gold price to surpass $2,500, silver to outperform in second quarter 2025 - WisdomTree

Gold Digger: Record prices, bumper global demand and yep, gold is still a safe haven

Second quarter gold demand hits record highs, supporting rising prices

Fed’s lower interest rate is definitely positive for gold

World news

🇦🇷 Argentina

The mystery of Argentina’s gold: Milei admits that it was transferred abroad, without specifying the quantities or destination

🇦🇺 Australia

New Tier 1 gold mine continues to expand

🇨🇳 China

Chinese buy more gold bars, coins in H1

Chinese bullion demand takes a hit in risk to gold price rally

Report reveals China continues to secretly grow its gold stash, misleading market to cause price cool-off

🇨🇮 Côte d’Ivoire

Montage Gold’s Koné: Shaping up to be one of West Africa’s biggest gold mines

🇪🇬 Egypt

Egyptian gold purchases hit 14.4 tonnes in Q2 2024: World Gold Council

🇫🇮 Finland

Bank of Finland lags behind some Nordic neighbours with only 49 tonnes of gold

🇮🇳 India

India gold demand 'up 15-40%' on shock cut to import duty

🇮🇩 Indonesia

Indonesian gold in sights of cashed-up FEG

🇳🇵 Nepal

India’s decision to reduce import duty on gold likely to increase gold smuggling into Nepal

🇸🇬 Singapore

MAS increases gold reserves by 4 tonnes in Q2

🇨🇭 Switzerland

Buy and store gold bullion and coins in Switzerland 🇨🇭(sponsor)

🇹🇭 Thailand

Bt871m in gold confiscated from former revenue chief

🇹🇷 Türkiye

Archaeologists find a 2,400-year-old ‘pot of gold’ in Turkey

🇦🇪 United Arab Emirates

Gold coins, bars see higher demand in UAE, jewellery sales dip

🇬🇧 United Kingdom

Coin collection found on barn floor likely to reach five figures at auction

🇺🇸 United States

A Costco gold collector has bought more than $100,000 of coins this year — mostly for flipping

Nova begins drilling at RPM gold deposit

🇻🇳 Vietnam

HCM City forms task force to enhance monitoring of gold bar transactions

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