Gold sells off; big futures player likely selling

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

Gold price USD/OZ: $2,022.33 [View live gold price.]

Change from last week: $1.61 (0.08%)

Gold Weekly Partners

BFI Bullion - Buy and store gold bullion and coins in Switzerland 🇨🇭

Gold news

Gold sells off; big futures player likely selling

Gold price struggles to attract any meaningful buying as traders await US PCE Price Index

UBS sees a 10% spike for gold this year as rate cut speculation swirls

Record-high prices unlikely to dim gold’s allure as Asia’s year of elections loom

“From Indonesia to India, the world’s largest democracies will be heading to the polls in Asia, a region which has traditionally been the largest gold consumer.”

World news

🇨🇳 China

China's household gold buying jumps even as yuan price hits record

China's Gold Market in 2023: Demand improved and premiums rose

China's December net gold imports via Hong Kong jump 37% m/m

🇬🇭 Ghana

Asante Gold: UK to loan back Ghana's looted 'crown jewels'

🇬🇷 Greece

Ancient temple filled with gold and silver jewels discovered in Greece

🇮🇳 India

Zero-duty unrefined gold imports take the shine off local players

Ram Mandir Pran Pratishtha: Why demand for Ram Mandir gold and silver coins, statues is hitting a new high

🇲🇾 Malaysia

Malaysians buying gold jewellery ahead of luxury tax roll-out

🇦🇪 United Arab Emirates

Dubai gold pricing: Why an attraction for gold enthusiasts?

🇺🇸 United States

Gold's correlation with US federal debt

🇻🇳 Vietnam

Experts suggest abolishing monopoly on SJC gold bars

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