Gold's record-breaking rally

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

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Gold price

Gold price: $3,745.12 $XAUUSD ( 0.0% ) [View live gold price.]

Change from last week: $89.67 (2.45%)

Gold news

This week’s summary of gold news and analysis.

• Gold's record-breaking rally: who's keeping it going? [Reuters]

• Gold hit a new record high—and that’s an indicator of fear lurking within the stock market, Deutsche Bank says [Fortune]

• 3 reasons why gold's record-shattering hot streak is still going [Business Insider]

• Gold’s gains are ‘historic and unnerving’ and represent ‘a deliberate recalibration of the global order’ – SPI’s Stephen Innes [Kitco]

• Gen Z’s rising obsession with gold investing [The Armchair Trader]

🔮 Gold price forecasts

• UBS lifts gold price target to US$3,900, with a preference for these mid cap miners [Market Index]

• Deutsche Bank raises gold forecast to $4,000 by 2026 [Kitco]

• Why gold can reach $US4000 per ounce [Australian Resource and Investment]

• Gold to hit up to US$4,150 by mid-2026, JP Morgan expects [The Standard]

• Chris Wood sees gold prices at $6,600 in a secular bull market; here's why [Business Standard]

• Podcast: Why we believe gold could double from here [Goehring & Rozencwajg]

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🌐 World gold news

Gold news from a global perspective.

🇨🇳 China

• China’s relentless gold accumulation will keep prices in a decade-long uptrend [Kitco]

• China courts foreign gold reserves to boost global clout (archive) [Bloomberg]

"China aims to become custodian of foreign sovereign gold reserves in a bid to strengthen its standing in the global bullion market".

• How China could claim a much bigger slice of the world’s gold-trading business [MarketWatch]

"China’s Shanghai Gold Exchange still remains very much domestic in nature."

• Beijing’s golden gambit: China’s strategic push into Central Asian gold markets [China Global South Project]

• China's August net gold imports via Hong Kong fall 39% from July [Reuters]

• Traffic officer in Shenzhen returns 2.2kg gold bar worth nearly 2 million RMB to owner [Dimsumdaily Hong Kong]

🇬🇭 Ghana

• Newmont pours first gold at Ahafo North project in Ghana [Mining]

🇮🇳 India

• India gold market update: Encouraging start to seasonal demand [World Gold Council]

🇮🇩 Indonesia

• Gold bug bites Indonesia as flight to safety goes mainstream ($) [Nikkei Asia]

"Precious metal emerges as alternative haven asset to US dollar for individuals."

🇯🇵 Japan

• 2025 Japanese gold investor insights: The golden opportunity [World Gold Council]

🇸🇬 Singapore

• Jewellery giant Chow Tai Fook steps up global expansion with high-end Singapore store [The Straits Times]

🇨🇭Switzerland

• Swiss surplus hit by gold export swings on Trump tariff fears [Reuters]

🇹🇭 Thailand

• BOT to meet gold traders next week on ‘strong baht’ measures [The Nation]

🇦🇪 United Arab Emirates

• UAE residents selling old jewellery to cash in on record high gold prices in Dubai [Khaleej Times]

• Scratching the surface of Dubai's gold [Mining Magazine]

"Inside the world's largest indoor gold market."

• 10kg Dubai gold dress: World's heaviest Dh4.6-million piece on display in Sharjah [Khaleej Times]

"Made of 21-karat gold, the showstopper has been officially recognised by the Guinness World Records as the heaviest dress made of the precious metal."

🇬🇧 United Kingdom

 • The Royal Mint turns PCBs into gold jewellery [Recycling International]

🇻🇳 Vietnam

• Vietnam ends gold monopoly, allows banks back into bullion market [VietNamNet Global]

• Vietnamese artisan unveils world’s first gold-plated iPhone 17 Pro Max [VietNamNet Global]

"A Vietnamese artisan has created the world’s first gold-plated iPhone 17 Pro Max in just 33 hours, showcasing elite craftsmanship and elevating Vietnam’s profile in luxury tech."

🇿🇼 Zimbabwe

• Zimbabwe ZiG: Top reasons the gold-backed currency is thriving [Invezz]

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Gold Weekly features curated articles from various sources and is not financial advice.

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