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rigzone.comChina bought an estimated 48 tonnes of gold in May 2026 through the London OTC market, the largest monthly purchase in over a year. The central bank reported 10 tonnes officially and added 15 tonnes in June for its 20th straight month of increases.
CoinDeskSofter-than-expected U.S. inflation reduced expectations for a near-term Federal Reserve rate hike and supported gold prices. Fed Chair Kevin Warsh said rate hikes remain an option to keep inflation near the 2% target amid ongoing risks from Middle East tensions and oil prices.
globalnews.caLode Gold Resources Inc. announced Monday that it has started engineering studies at the Fremont Gold Mine in Mariposa County. The site holds an estimated 1.98 million ounces of gold valued at roughly $8.21 billion based on July 2026 prices. Only about 8 percent of the deposit ha…
forbes.com@KobeissiLetter reported world central banks purchased 41 tonnes of gold in May after 17 tonnes in April. Poland led with 18 tonnes and China added 10 tonnes, its largest monthly purchase since December 2024.
themarketherald.com.auGold futures dropped 1.24 percent on Wednesday while spot prices declined 0.82 percent. The metal posted a 16 percent loss for the second quarter, its largest since 2013. Silver prices also declined.
Forrestania Resources obtained firm commitments to raise $310 million through an institutional share placement. The funds will complete the purchase of the Edna May gold processing facility in Western Australia and support plant refurbishment.
forbes.comGold prices are headed for a 13% decline in the quarter ending June 30, 2026. The drop marks the metal's largest quarterly loss in 13 years amid expectations of higher U.S. interest rates.
themarketherald.com.auThe Nyanzaga Gold Project has contributed 457.7 billion Tanzanian shillings to the economy as of June 29, 2026. Commercial production is set to begin in the first quarter of 2027 at the Sengerema site.
Flagship Minerals finished pilot-scale metallurgical drilling and trenching at its Isidora gold project in Chile. The company has shifted to resource growth drilling ahead of an updated mineral resource estimate.
@CoinDesk reported that Tether is broadening applications for its gold holdings. Crypto lender Ledn will support the XAUT tokenized gold product. Gold-backed loans using the token are planned for later in 2026.
cointelegraph.comTether is extending its tokenized gold product XAUT to allow borrowing against physical bullion holdings. The stablecoin issuer and Ledn plan to launch the service later this year. Tether holds roughly $23 billion in gold reserves backing the tokens.
Spot gold fell to around $4,025 a troy ounce early Friday, extending a decline that has erased 30 percent from January's intraday peak near $5,600. Major banks have lowered their 2026 price forecasts in response.
West Wits Mining has finalized loan agreements totaling A$96.7 million with two South African banks to fund development of the Qala Shallows gold mine. The financing covers a senior loan, working capital facility, and cost overrun buffer.
thehindubusinessline.comGold futures traded steady around $4,353 an ounce Wednesday. Market observers expect prices to move back toward $5,000 later this year, though forecasts for a $6,000 peak have been scaled back.
CoinDeskBybit introduced options on Tether Gold on June 16, 2026. The contracts are European-style and settled in USDT.
CoinDeskSingapore's DBS Bank will list DBS Physical Gold Tokens on its digibank platform. Each token represents one gram of physical gold stored in a dedicated vault in Singapore.
calgaryherald.comThe hedge fund disclosed a stake exceeding AUS$1 billion and urged a strategic review of the Australian gold miner, citing repeated missed guidance and peer underperformance.
Data show the U.S. dollar has lost 99.24 percent of its value relative to gold since 1971. The British pound, euro, yen and Swiss franc recorded similar declines over the same period.
freepressjournal.inGold futures reached an all-time high of $5,600 per ounce in late January before declining. As of May 28, 2026, the price tested the 200-day exponential moving average without reaching the February low of $4,100.
Spot gold rose 1.1 percent to $4,559.07 per ounce on Monday. U.S. gold futures for June delivery gained 0.8 percent to $4,559.80.
dnaindia.comGold prices declined for a second consecutive week. Rising inflation data increased market expectations for additional interest rate increases.
ecns.cnZimbabwe has prohibited foreign companies and individuals from participating in small-scale gold mining. The policy targets local job protection and domestic economic benefits.
Substrate placeholder — needs reviewGoldman Sachs reaffirmed its forecast for gold to reach $5,400 per ounce by the end of 2026. The bank increased its estimate for monthly central bank gold purchases to 50 tons and expects the pace to average 60 tons per month through 2026.
Ghana plans to require large-scale gold mines to sell at least 30% of annual output to the central bank. The measure aims to increase local refining and strengthen foreign-exchange reserves.
Gold prices have declined to $4,540, down 19 percent from the year's high. Investors have withdrawn more than $6.7 billion from two major gold ETFs this year.
Barrick Mining reported adjusted earnings per share of 98 cents for the first quarter of 2026, exceeding analyst estimates of 80 cents. Revenue reached $5.22 billion, above the $4.9 billion forecast. The company also declared a quarterly dividend of 17.5 cents per share and maint…
thehindu.comGold has overtaken other commodities as the leading U.S. export for the past five months as of May 2026. In March, its value exceeded oil exports by 1.7 times, pharmaceuticals by twice, and aircraft engines by 2.5 times. Most shipments route through Switzerland before reaching Ch…
indiatoday.intoday.inGold purchases during India's Akshaya Tritiya festival remained subdued due to record-high prices, with jewellery demand lower in volume but higher in value. Investment in gold coins saw a modest increase, according to industry reports. This trend continues from a 24% decline in…
Substrate placeholder — needs reviewThe family office of Indian businessman Gagan Gupta has agreed to fund a second gold mine in Mali. This development occurs amid ongoing disputes between the Malian government and mining investors. The agreement was reported on April 17, 2026.