Gold prices hit record high amid prospect of US interest rate cuts

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

Gold price USD/OZ: $2,493.49 [View live gold price.]

Change from last week: $36.62 (1.49%)

Gold prices hit record high amid prospect of US interest rate cuts

Gold soars to record high as central banks stockpile amid rate-cut bets

Gold set to surge amid economic and geopolitical uncertainty

Financial analysts estimate gold might reach $3,000 propped up by rate cuts

Gold bars are worth a million dollars for the first time

Gold expected to end the year at around $2,500, further rises likely in 2025

Is gold’s record price run coming to an end? Here’s how to tell.

Gold continues to gain… without China’s help

Ranked: the countries that added the most gold reserves (2013-2023)

🇨🇳 China

China’s gold imports tumble again as record prices deter buyers

New import quotas could foreshadow another surge in Chinese Gold demand

China’s return to the gold market: could this trigger a major gold rally?

🇬🇭 Ghana

Experts question Ghana VP's gold-backed currency pledge

🇮🇳 India

Import tax cut boosts indian Gold demand

'Expensive and complex': Govt likely to discontinue sovereign gold bond issue, says report

🇲🇱 Mali

Mali’s gold reserves fall to 731 tonnes, ministry data shows

🇸🇬 Singapore

As the rich snap up gold bars, storage vaults brace for business

“Singapore’s new vault ‘The Reserve’ can store 500 tons of gold.”

🇨🇭 Switzerland

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

🇹🇼 Taiwan

Taiwan says its gold hoard supports the New Taiwan dollar amid de-dollarization trend

🇦🇪 United Arab Emirates

With gold around $2,500, UAE shoppers are in a rush to buy high-price jewellery through trade-ins

🇺🇸 United States

Manh Choh ore delivers 55,000 oz gold

🇿🇼 Zimbabwe

Zimbabwe's gold-backed currency sees gains, but US dollar remains dominant

XRP Ledger to support secure gold and silver in 2024, says Ripple

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.