world’s second-largest economy China increases its Gold reserves again. According to data from the People's Bank of China (PBoC), world’s second-largest economy China increases its Gold reserves again. In June, China Gold reserves at the end of June 2026 were recorded at 7
China gold reserves at the end of June 2026: 75.44 million troy ounces In May 2026: 74.96 million troy ounces China gold reserves value at the end of June 2026: $303.72 billion In May 2026: $340.75 billion Central bank buying in gold has cooled a little since the turn of the...</
Bank lowers year-end gold target to $4,500/oz from $6K, citing weaker-than-expected demand from key sectors. JPMorgan reduced its gold price forecasts for the remainder of the year, projecting a peak of $4,500 per ounce in Q4 instead of the previously expected $6K. The ban
XAU/USD falls 0.5% to $4,153 as steady US yields offset Fed rate cut expectations after softer jobs data. Gold (XAU/USD) declined 0.5% to $4,153 on Monday, reversing early gains as steady US Treasury yields and a resilient dollar capped upside. The retreat followed last we
XAU/USD falls to $4,153 as steady Treasury yields and a firm US Dollar offset softer US jobs data and Fed rate cut bets. Gold prices declined 0.5% to $4,153 on Monday, pressured by steady US Treasury yields and a resilient US Dollar. The retreat followed a brief rebound af
Hong Kong is launching its gold clearing and settlement system this week. The exchange is now waiving fees for its US dollar gold futures for a YEAR Hong Kong US dollar gold futures are now at a RECORD high. Things are getting interesting... Read: https://
Gold August futures opened sharply higher Monday as softer-than-expected U.S. employment figures boosted safe-haven demand. Gold August futures (GC=F) opened at $4,187.50 per troy ounce on July 6, 2026, a 1.5% increase from Thursday’s close of $4,125.70. By 8:10 a.m. ET, p
Gold price (XAU/USD) is down 0.8% to near $4,140 during the European trading session on Monday. The precious metal faces selling pressure as the three-day rally hits a pause after failing to extend above $4,202 Bullions come under pressure as the US Dollar (USD) bou
Regulator relaxes approval process for gold ETFs in HK$1.53 trillion pension scheme, capping exposure at 10% without derivatives. Hong Kong’s Mandatory Provident Fund Schemes Authority will streamline gold ETF investments for its HK$1.53 trillion pension fund, replacing ca
Veteran chartist cites XAU/BTC ratio nearing 0.067 as gold outperforms Bitcoin amid price divergence. Veteran trader Peter Brandt is considering reallocating from Bitcoin to gold, pointing to a technical breakout in the XAU/BTC ratio. The ratio, currently near 0.067, indic
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