Gold Mid-Year Outlook 2026

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

Gold price: $4,176.53 $XAUUSD ( 0.0% ) [View live gold price.]

Change from last week: $166.58 (4.15%)

This week’s summary of gold news and analysis.

• Gold Mid-Year Outlook 2026: Point break [World Gold Council]

"In one of the most dramatic starts to any year, gold soared to record highs in January, crossing above US$5,500/oz intraday before dipping below US$4,000/oz in late June. Down roughly 7% year-to-date, gold nonetheless ranks among the top performers over the past year, as other assets play catch-up. The first half of 2026 showed that gold remains sensitive to heightened geopolitical concerns and abrupt shifts in investor sentiment. It also showcased the growing relevance of Asian markets in gold price discovery."

• Gold makes half-year loss on highest volatility since Lehman's crash [BullionVault]

"Gold and silver prices rose above last night's new 7-month lows in volatile trading on Tuesday, but the former monetary precious metals recorded a half-year loss for the first time since 2022 and 2023 respectively as June ended with a further rally in global stocks, the US Dollar, and US interest-rate expectations."

• Gold is on the verge of a ‘death cross’ that could surprisingly foreshadow gains [MarketWatch]

"Here’s what 45 years of data on death crosses in gold can tell us about the path ahead."

• Goldman Sachs delivers honest verdict on gold’s selloff [TheStreet]

"The bank sees gold’s pullback as missing a bigger force."

• Central banks are still betting on gold [Kitco]

• Gold caught between central bank demand and a stiff US Dollar headwind [FXStreet]

• Precious metals should benefit from falling oil, as gold market continues shift toward Asia – Heraeus [Kitco]

• Who profits from Africa’s gold? [Al Jazeera]

"African governments seek greater control over gold, but much of its value continues to flow abroad."

• Commodities chief: gold headed “above $4,500,” don’t let the selloff fool you [24/7 Wall St.]

• 3 reasons UBS sees gold surging 30% in the next year [Business Insider]

"UBS said a mix of three factors should drive a recovery in prices to about $5,200 an ounce."

• Central banks see gold prices trading between $5,000 and $6,000 in 12 months - OMFIF Survey [Kitco]

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Gold news from a global perspective.

• Hong Kong to launch long-awaited gold clearing and settlement system next week: sources ($) [SCMP]

"The city plans to process its first gold settlement on Tuesday, according to those familiar with the matter."

• Major Chinese banks suspend individual trading on Shanghai Gold Exchange amid volatility ($) [SCMP]

"Risk controls intensify as banks seek to curb leveraged trading despite expectations of resilient long-term gold demand."

• China mulls revisions to gold import, export regulations [Xinhua]

• Guinea plans regional gold refining hub as West African race intensifies [Reuters]

• Indians sell 50 tonnes of old gold in three months, says report. Here's why [Hindustan Times]

• Singapore, Hong Kong take rival paths to capture global gold trade [Singapore Business Review]

"One builds MAS-backed vaulting for central banks, the other opens a pipeline to Shanghai."

• Gold volatility deters buyers, says Khon Kaen shop owner [Bangkok Post]

• Tax on gold bar transfers not yet in force from July 1, ministry says [Viet Nam News]

• Buy and sell gold with cryptocurrencies with low fees, secured and insured in professional vaults. (sponsor)

• Tether putting $23 billion gold stockpile to work with bullion-backed loans [CoinDesk]

"The stablecoin issuer is extending its tokenized gold strategy by allowing holders of XAUT to borrow against their bullion, mirroring bitcoin-backed lending without selling the underlying asset."

Read more about gold-backed cryptocurrencies.

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

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