Gold market shows resilience as price momentum cools in Q2

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

Gold price: $4,076.42 $XAUUSD ( 0.0% ) [View live gold price.]

Change from last week: $40.49 (1%)

This week’s summary of gold news and analysis.

• Gold market shows resilience as price momentum cools in Q2 [World Gold Council]

• Central banks bought far less gold than thought at start of year [Bloomberg]

• Gold forecasts fall, but central bank buying expected to cushion retreat [Reuters]

• Gold continues to hold $4,000, which could signal an inflection point, analysts say [Kitco]

• Gold is discovering that not every crisis is bullish [Economies]

• Why gold is falling even as conflict in the Middle East escalates [U.S. Global Investors]

• Why a pan-African continental commodity exchange must start with gold and copper [Accord]

• Price forecasts: investors never so bullish on gold and silver [BullionVault]

"Latest survey forecasts near-14% gold gain by New Year 2027..."

• Gold's next $1,000 move is likely higher as Fed hawkishness peaks, says State Street's Doshi [Kitco]

"...gold could still push to $5,000 an ounce within the first half of next year."

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Gold news from a global perspective.

• Burkina Faso records over $6 billion worth of gold through official channels in six months [Business Insider Africa]

• Gold flows to Hong Kong hit decade-high before clearing launch [Mining]

• Goldman Sachs picks up on China's secret gold reserve expansion [FX Street]

• China is buying every dip and the 'reset' is already here, Middelkoop says [Kitco]

• Could China's gold reserves surpass the United States within five years? [FX Street]

• Maturing bank certificates channel liquidity into Egypt’s gold market: Gold Bullion [Daily News Egypt]

• Ghana’s gold reserves climb to 24.4 tonnes by June 2026 [DNE Africa]

• India's gold demand declines 6% amid higher duties and seasonal trends [India News Network]

• India's gold tariff hike boosts grey market, hurts organised trade, says WGC [Reuters]

• Kazakhstan among world's top 5 gold buyers [Qazinform]

• Asean gold demand in Q2 buoyed by Indonesia, Thailand, bucks broader global sell-off [The Business Times]

"Singapore’s second-quarter bullion demand climbs 6% year on year amid geopolitical uncertainty, softer prices."

• Buying gold in UAE? Jewellery demand is down, but investors are still buying [Khaleej Times]

• Retail investors buy the dip as Royal Mint reports solid demand for digital gold and silver [Kitco]

• Looks like we don't need to worry about that Fort Knox gold audit anymore! [GoldSeek]

• Investors are still cashing in unwanted gold jewelry, but panic selling has faded - House of Kahn Estate Jewelers [Kitco]

• Gold shops in HCMC traditional markets close as business slows [SGGP]

• Gold market cools down, stores no longer crowded waiting to buy [Lao Dong]

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

• Crypto’s only growing sector runs on gold and equities [BeInCrypto]

• Tether Gold gains Shariah certification for XAU₮ [Crypto News]

• Digital gold could unlock bullion's next bull market by solving liquidity challenges, but trust remains a challenge - Gold Token SA’s Hemecker [Kitco]

Read more about gold-backed cryptocurrencies.

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

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