First-quarter gold demand reached an all-time high in value terms despite modest volume growth of 2 percent year-on-year. Global gold demand increased 2 percent year-on-year in the first quarter, marking the highest value on record for the period. The rise reflects sustain
Gold prices rise above $4,700 as geopolitical risks in the Middle East drive investors toward the USD and safe assets. Gold (XAU/USD) extended gains on Thursday, trading at $4,705 amid renewed geopolitical tensions in the Middle East. Reports of potential U.S. military act
Investors react to potential easing of geopolitical tensions, driving commodities and safe-haven assets sharply in opposite directions. Oil prices plunged 6% on speculation that a US-Iran deal could ease sanctions and boost global supply. The move came as broader markets s
Beijing’s gold reserves rose to 74.64 million troy ounces, valued at $344.17 billion, amid central bank demand for safe assets. China’s gold reserves increased for the 18th consecutive month in April, reaching 74.64 million troy ounces, up from 74.38 million in March. The
Gold Royalty misses top and bottom line estimates Gold Royalty reported lower than expected earnings. The company remains on track to achieve its FY26 outlook. The miss in estimates may impact investor confidence, despite the positive outlook for the year.
XAU/USD remains near a one-and-a-half-week high amid sustained dollar softness during Thursday's Asian trading session. Gold prices maintained a positive bias for a third consecutive day, trading above $4,700 in the Asian session on Thursday. The move follows sustained wea
XAU/USD breaks out of a falling wedge pattern as optimism over a potential US-Iran peace deal lifts demand for safe-haven assets. Gold prices climbed early Thursday, extending gains after breaking above $4,700 on Tuesday, the highest level in a week. The rally follows a co
Safe-haven demand for gold stabilizes as traders assess potential easing of Middle East tensions through diplomatic negotiations. Gold prices remained steady near $2,300 per ounce as investors monitored developments in US-Iran diplomatic talks. The potential peace deal has
XAU/USD rises as easing geopolitical tensions between the US and Iran boost demand for safe-haven assets. Gold prices advanced to a one-week high near $4,700 in early Asian trading on Thursday. The rally extended as optimism over a potential US-Iran peace deal reduced geop
XAU/USD rises as easing geopolitical tensions reduce inflation fears, lifting demand for the safe-haven asset. Gold prices (XAU/USD) advanced to a one-week high near $4,700 in early Asian trading Thursday. The rally extends as optimism over a potential US-Iran peace deal e