XAU/USD falls 1.37% after July Core PCE inflation holds at 3.3%, reinforcing expectations of a Fed rate increase in Q2 2026. Gold prices retreated over 1.37% on Wednesday, trading below $4,600 after US inflation data matched expectations, bolstering bets for a Federal Rese
Gold (XAUUSD:CUR) extended its recent climb this week, briefly pushing above $4,750 an ounce and reaching its strongest level since mid-May. The move underscores ongoing strength across the precious metals complex, even as technical conditions have grown stretched T
Central banks' sustained gold purchases drive prices to May highs, signaling potential for further gains amid shifting reserve strategies. Gold prices surged to $4,600 an ounce, reaching their highest level since May, as central banks continue to accumulate the precious me
Local gold rates decline as USD/INR adjustments reflect softer international prices, FXStreet data shows. Gold prices in India fell on Wednesday, reaching INR 14,209.59 per gram, down from INR 14,260.31 the previous day. The decline extended to INR 165,737.50 per tola, com
Traders await US inflation figures and Fed commentary for clues on interest rate policy, supporting gold prices near record highs. Gold (XAU/USD) trades above $4,650 in Asian markets, extending its recent range-bound movement as investors focus on upcoming US Personal Cons
Analyst raises year-end gold forecast to $5,000/oz from $4,600 as metal holds above $4,000 support. Natixis increased its year-end gold price target to $5,000 per ounce from $4,600, citing rising U.S. debt fears and strong support above $4,000. The metal has climbed nearly
Osisko Gold appoints Elijah Tyshynski as CFO following Alexander Dann’s retirement after a transition period. Osisko Gold (OGG) announced the retirement of Chief Financial Officer Alexander Dann, who will remain during a transition to ensure an orderly handover. The compan
XAU/USD slips 0.2% to $4,641 as geopolitical risks fade and US economic indicators send mixed signals. Gold prices fell 0.2% to $4,641 as easing Middle East tensions reduced haven demand, with buyers failing to breach the $4,700 resistance level. The retreat followed repor
A single trader sold a $202 million call spread in SPDR Gold Trust, targeting a pause in gold’s 15% August surge through mid-September. A trader sold a $202 million call spread in the SPDR Gold Trust (GLD) on August 24, positioning against further gains in gold’s 15% Augus
UOB’s Quek Ser Leang notes that Spot Gold remains in a broader uptrend after breaking above a key declining trendline and reaching an intraday high near $4,700. While upward momentum remains strong, deeply overbought conditions have triggered a pullback, with support aroun
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