Gold prices defies strong US Dollar, surges on haven demand

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

Gold price USD/OZ: $2,686.13 [View live gold price.]

Change from last week: $130.42 (5.1%)

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Gold news

Gold prices defies strong US Dollar, surges on haven demand

Goldman Sachs reiterates $3000 price target for gold bullion

Goldman says ‘go for gold’ as central banks buy, Fed cuts in ‘25

Rising threat of World War III could see gold hit $2,800 by Christmas – analyst

Inflation, China’s stumbling economy, and apocalyptic fear are driving a new gold boom. Investors think this time there’ll be no bust

World gold news

🇦🇺 Australia

Maximus Resources fields positive metallurgical test results from Eagles Nest Gold Deposit

🇨🇳 China

China finds $83 billion worth of gold reserves in Hunan

🇭🇺 Hungary

Hungary’s gold reserve tops that of Romania for the first time in history after 14.5 ton acquisition

🇮🇳 India

Indian gold market fired on all cylinders in October despite record high prices – WGC’s Chacko

Big change coming in gold loans? Soon, you may be able to repay in EMIs

🇸🇬 Singapore

🇨🇭 Switzerland

Higher supplies to the UK lift Swiss October gold exports

Swiss gold industry to focus more on sustainability, transparency in future, industry group’s head says

🇦🇪 United Arab Emirates

UAE surpasses London to become the world’s second-largest gold hub as Asian demand grows - DMCC

Dubai gold rush forecast as UAE looks to grow $129bn trade flow

Emirates Minting Factory has achieved a groundbreaking milestone for Dubai by creating the world’s largest gold bar, weighing over 300 kilograms.

🇻🇳 Vietnam

Vietnam central bank resumes selling gold after 1-month hiatus

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