Domestic gold prices in India fell Monday, tracking lower international rates adjusted for USD/INR exchange movements. Gold prices in India declined to INR 13,273.12 per gram on Monday, down from INR 13,295.33 on Friday. The drop reflects adjustments to international gold
US nonfarm payrolls fell by 23,000 in July, slashing rate hike odds and lifting gold above 4,360 USD an ounce. Spot gold surged above 4,360 USD an ounce, marking its highest level since June 17 and a 3 percent daily gain. The rally follows a sharper-than-expected 23,000 de
China's gold reserves approach US levels China is getting close to the US in terms of gold holdings. The country aims to dominate various sectors, including electric vehicles, AI, and critical metals. This push into gold is part of a broader strategy to exp
Gold seems to have completed its corrective pullback Last week, gold posted a modest July gain, which has already given buyers a significant boost this week. With prices up 6.5% since the start of the week, gold has confirmed a major technical breakout, bringing to an end
Discretionary and Asian buying offset stagnant CTA positioning, while softer US jobs data fuels stagflation fears supporting gold. Gold prices remain above $2,300 per ounce as robust discretionary and Asian demand counterbalance plateaued Commodity Trading Advisor (CTA) po
WPM reports Q2 net profit of $543.2M, up from $292.3M a year ago, driven by a 61% rise in gold equivalent prices. Wheaton Precious Metals posted a Q2 net profit of $543.2M, or $1.19 per share, nearly doubling from $292.3M, or $0.64 per share, in the same period last year.
December gold futures rose to $4,3831 per ounce ahead of the July jobs report, which may influence Fed rate decisions. Gold December futures climbed to $4,3831 per troy ounce on August 7, 2026, extending gains as investors awaited the July jobs report. The market opened fl
Gold rises to a seven-week high at $4,322 Gold extended its recovery on Friday, driven by technical buying and a cautious market sentiment. The precious metal climbed to a fresh seven-week high, trading around $4,322. The advance was initially fuelled by optimism ov
XAU/USD climbs nearly 7% this week, its best performance since January, as traders await July Nonfarm Payrolls data. Gold (XAU/USD) extended its rally to $4,315.19, marking a three-week high and a near 7% weekly gain, the strongest since January. The advance follows a brea
China’s central bank increased gold holdings to 76.08 million troy ounces, valued at $306.35 billion, amid geopolitical tensions and dollar weakness. China’s gold reserves rose to 76.08 million troy ounces in July, up from 75.44 million in June, extending a 21-month buying
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