Central banks resume net buying in April

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

Gold price

Gold price: $4,447.66 $XAUUSD ( 0.0% ) [View live gold price.]

Change from last week: -$63.65 (-1.41%)

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Gold news

This week’s summary of gold news and analysis.

• Central bank gold statistics: Central banks resume net buying in April [World Gold Council]

• Gold overtakes US Treasuries in global reserve shift: ECB [Mining]

• US Treasuries lost their crown: Why central banks are betting on gold [FXStreet]

• Gold: Is the correction finally over? [Benzinga]

• Gold investing steadies after Iran War slump [BullionVault]

• Gold price momentum increases amid geopolitical headwinds [Mining Weekly]

• Physical investment to surpass jewellery as top gold demand category, consultancy Metals Focus says [Reuters]

🔮 Gold price forecasts

• Gold price seen hitting record $4,920 as bull run resumes [Mining]

• Ronald-Peter Stoeferle: Gold price hasn't topped, on track for US$8,900 [Investing News Network]

🌐 World gold news

Gold news from a global perspective.

🇦🇺 Australia

• Gold reserves at Kalgoorlie Super Pit continue to grow with millions spent on underground drilling [ABC News]

🇧🇫 Burkina Faso

• The story and data of Burkina Faso’s push to take 40% of a highly successful new gold mine [Business Insider Africa]

🇨🇲 Cameroon

• Cameroon cracks down on illegal Chinese gold mining [ADF Magazine]

🇨🇳 China

• China among top gold buyers as bullion overtakes US Treasuries in global reserves: ECB ($) [SCMP]

• China’s gold market is cooling, multiple metrics show [Kitco]

• Hong Kong pulls ahead in Asia’s gold hub race with July clearing launch [Shanghai Metals Market]

• Hong Kong efforts to become global gold hub paying dividends [FXStreet]

🇪🇬 Egypt

• Egyptian-Turkiye partnership to assess gold ore deposits in Eastern Desert [African Mining Market]

🇮🇳 India

• India must expand gold monetisation beyond gold loans to ease import dependence: Shamika Ravi [The Hindu Businessline]

• Indian central bank denies media report of $12 billion gold reserve sales [Kitco]

🇸🇬 Singapore

🇺🇸 United States

• Former senior CIA official accused of stealing $40m in gold bars from agency [The Guardian]

🇻🇳 Vietnam

• The State Bank of Vietnam speaks out about Vinhomes' "exchange gold to buy a house" program. [Vietnam vn]

🇿🇼 Zimbabwe

• Zimbabwe’s gold rush gains momentum as new $1 billion mine targets 100,000 ounces a year [Business Insider Africa]

• Africa’s gold hub shifts to Zimbabwe as 2026 output booms [New Zimbabwe]

Gold-backed cryptocurrency

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

• The top gold reserve buyer in 2025 wasn't a central bank, it was Tether [investinglive]

• Tether collaborates with Fasset to launch the first gold-backed card, unlocking real-world utility for digital gold [Tether]

• Forget gold ETFs — this blockchain company just filed to bring a new kind of gold to 30 European markets [NewsBTC]

Read more about gold-backed cryptocurrencies.

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

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