Gold spikes $30 to new $2600 record as the Fed cuts 50 basis points

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

Gold price USD/OZ: $2,597.34 [View live gold price.]

Change from last week: $32.45 (1.25%)

Gold news

Gold spikes $30 to new $2600 record as the Fed cuts 50 basis points

Gold to average $2,800/oz by 2025, now represents 100% of commodity allocation – SocGen

Graphic: Gold bulls set sights on previously dismissed record $3,000 milestone

A record gold price offers miners a shot at investor redemption

‘Something we’ve never seen before’ - VanEck’s Joe Foster on central banks buying gold

HSBC pilots quantum-safe technology for tokenised gold

World news

🇦🇺 Australia

Aussie iron ore billionaire Forrest joins the gold rush

Gold rush star Tyler Mahoney stunned after coming across one of world’s rarest gold nuggets

🇧🇬 Bulgaria

Bulgaria seizes €5 million worth of gold on border with Turkey

🇨🇳 China

What happens when the Chinese jump back into this gold bull market?

🇮🇳 India

Gold imports doubled to record high of $10.06 billion in August

RBI lifts gold loans restrictions imposed on IIFL Finance in March 2024

🇮🇶 Iraq

Iraq's central bank accumulates 52 tonnes of gold in three years - Shafaq News

🇸🇬 Singapore

🇨🇭 Switzerland

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

Swiss August gold exports show no supplies to China, for first time in 3-1/2 years

🇹🇷 Türkiye

Turkey has become the largest Buyer of Gold in the World

🇦🇪 United Arab Emirates

Now in Dubai, biryani topped with 24K gold

🇺🇸 United States

A video game designer hid a $23,000 gold statue in New England. The race is on to find it.

Gold-backed cryptocurrencies

Cardano welcomes gold tokenization as EMURGO partners with Kinka Gold to launch XNK

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.