Goldman Sachs projects sustained central bank gold purchases at 50 tonnes monthly through 2026, underpinning long-term price support. Central banks purchased 59 tonnes of gold in April, with China estimated to account for 24 tonnes, according to Goldman Sachs data. The buy
XAU/USD retreats amid stalled US-Iran peace talks and Federal Reserve signals favoring higher rates for longer. Gold prices fell to $4,155 per ounce in early Asian trading Monday, pressured by renewed US-Iran tensions and hawkish Federal Reserve commentary. President Trump
Gold drops to $4,152 an ounce, silver falls below $65 Gold and silver prices have been declining due to a stronger dollar and hints of higher interest rates. The metals have spent months grinding lower after a historic run that pushed gold past $5,000 an ounce and sil
Goldman Sachs lowers its 2026 gold price target by $500 amid delayed Fed rate cuts and a stronger dollar outlook. Goldman Sachs reduced its year-end gold price target to $4,900 from $5,400, marking a $500 cut. The adjustment follows the Federal Reserve’s hawkish stance, wh
The company gains approval to drill deeper and across a wider area, targeting potential mineralization up to 3,500 feet below surface. Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF, FRA:A9J0) received U.S. Bureau of Land Management approval to expand drilling activitie
XAU/USD falls for a third day as markets price a 77% chance of a Fed rate increase in October amid hawkish signals. Gold prices dropped to a one-week low of $4,121, extending losses for a third straight session. The decline comes despite a softer US Dollar, as rising bets
The bank reduced its year-end gold target amid expectations of prolonged steady interest rates from the Federal Reserve. Goldman Sachs revised its year-end gold price target downward by $500, citing the Federal Reserve’s anticipated steady interest rates. The adjustment re
The bank revised its year-end gold target downward amid persistent inflation and higher-for-longer interest rates. Goldman Sachs reduced its year-end gold price target by $500, citing delayed rate cuts and sustained inflation pressures. The adjustment reflects concerns ove
Gold prices in India decline amid adjusted USD/INR rates, reflecting a broader softening in local demand. Gold prices in India fell to INR 12,607.38 per gram on Friday, down from INR 12,803.82 the previous day. The decline reflects adjustments based on international USD/IN
Soma Gold has reported the start of mineralised material deliveries from both the Aurora and El Limon mines to the El Bagre Gold Complex in Colombia. The El Bagre complex is situated around 167km north-north-east of Medellín, within the Antioquia Department The deve
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