The myth of central bank gold buying

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

Gold price USD/OZ: $2,368.13 [View live gold price.]

Change from last week: -$49.58 (-2.05%)

Gold news

Gold price to hit $2,500 and silver price to hit $32 by end of Q3 - Sucden Financial

When will gold prices hit $3,000 per ounce? Here's what experts think

Gold: the real reason behind yellow metal's surge to record highs

Hedge funds push gold prices to all-time highs, which is triggering some long liquidation

African nations turn to gold to protect against currency losses

The myth of central bank gold buying

Chart: Which countries are falling behind in gold mine production

World news

🇦🇺 Australia

Major milestone at Dalgaranga

🇨🇳 China

China's central bank has been a big buyer of gold. Will it continue?

🇮🇳 India

India slashes import tax on gold, silver to tackle smuggling

🇮🇶 Iraq

Iraq’s gold reserves rise to 148.3 tons

🇯🇵 Japan

Yen-gold correlation is back, and rising JPY could boost gold prices as rates fall – CMC Markets’ Oldenburger

🇸🇬 Singapore

🇨🇭 Switzerland

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

🇹🇷 Türkiye

Türkiye faces exodus of gold industry to Egypt

🇺🇬 Uganda

Bank of Uganda to buy gold from local market

🇦🇪 United Arab Emirates

Only limited impact on UAE gold market demand after India slashes customs duty

No benefit in buying gold from Dubai after customs duty cut, says Popley Jewellers' Rajiv Popley

🇻🇳 Vietnam

27 people get jail terms for smuggling 6 tons of gold

🇿🇼 Zimbabwe

Zimbabwe throws weight behind gold-backed ZiG to spur demand

Gold-backed cryptocurrencies

Tether’s gold-backed aUSDT barely minted since its launch a month ago

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.