Gold Surges, Platinum Hits Our Target. Can the Bulls Keep Going?

Well, the bulls certainly weren’t planning to sit quietly through Wednesday’s session! After several days of bearish pressure, buyers have launched impressive counterattacks across the metals market. Gold has pushed through resistance barriers that seemed particularly difficult to overcome just yesterday and platinum has reached another downside target we highlighted in advance – before staging a powerful recovery of its …

Continue Reading

Gold reclaims $4,000 as US midterm sweep sinks USD, Oil plunges

Gold (XAU/USD) rallied near 3% on Wednesday as the Greenback tumbled following the Democrats’ sweep in the US midterm elections. Markets now look ahead to the release of October’s Nonfarm Payrolls data on Friday. The XAU/USD trades at $4,047, after bouncing off daily lows of $3,919. XAU/USD surges nearly 3% as US Dollar weakness, falling Treasury yields fuel Bullion’s recovery …

Continue Reading

Gold Demand Steady in Q3 Supported By ETFs and Central Banks

Gold demand was steady in the third quarter despite consistent pressure from rising interest rates and inflation worries. Total demand in Q3 was 1,369 tonnes, a modest 1 percent decline year-on-year. That drove year-to-date demand to 3,881 tonnes, virtually identical to last year’s 3,884-tonne record through the same period. In value terms, third-quarter demand totaled $188 billion, a 22 percent …

Continue Reading

Gold recovers amid oil’s rebound even as WGC halves investment forecast

World Gold Council halves its 2026 gold investment growth forecast to 200 metric tons. Higher oil prices revive inflation concerns and expectations of another Fed rate hike. US midterm elections add uncertainty as investors reassess the dollar and gold demand. Gold prices recovered on Tuesday after slipping early in the session as renewed tensions in the Middle East revived inflation …

Continue Reading

The US Dollar And Gold Face Different Risks After The Fed’s October Hold

The US Dollar faces a divided rate outlook as BofA delays two Fed increases, while other banks see tighter financial conditions limiting further hikes. Bank of America has shifted its forecast for the Federal Reserve’s two remaining interest-rate increases to December 2026 and March 2027, after policymakers paused rather than following September’s rise with another. The change leaves BofA expecting …

Continue Reading

Commodity ETFs: Beyond the Gold Trade

Gold has traditionally been one of the most popular ways for investors to gain commodity exposure, but its recent weakness highlights the differences across various commodities. While precious metals have struggled, energy and certain agricultural commodities have seen stronger returns. Existing diversified strategies are also giving investors more ways to access commodities beyond traditional gold funds. Key Takeaways: Commodity performance …

Continue Reading

Boroo Plans C$1.5 Billion Investment to Restart Yukon’s Eagle Gold Mine

Singapore-based Boroo has agreed to acquire Victoria Gold Corp. for up to C$140 million and plans to invest more than C$1.5 billion in the Eagle Gold Mine in Yukon, according to a Thursday (October 22) news release. The company will invest in environmental remediation, mine restart activities and future operations at the project. Victoria Gold, formerly listed on the Toronto …

Continue Reading

Why Gold Miners Fall Even After Record Profits

Newmont, the world’s largest gold miner, reported record third-quarter adjusted net income on Thursday. On Friday, its shares fell 4.6 percent, more than twice as much as the GDX. Over the whole week, the GDXJ, the ETF for junior mining stocks, fell 9.6 percent, while gold fell 4.1 percent. Gold itself slipped below $4,000 on Friday, and silver closed below …

Continue Reading

Digital Gold: Unlocking a $700-Billion Opportunity

The physical investment gold market is worth about $13 trillion. But digital gold, including vaulted digital gold and tokenised gold, represents less than 1% of the global market.  Why does it matter? We are seeing signs of an inflection point. With more recently launched tokenised products triggering a surge in activity, the fledgling digital gold market has grown into a $45-$55 …

Continue Reading

Potential demand for digital gold could reach $700 billion

Although the global physical investment gold market is valued at approximately $13 trillion, digital gold accounts for less than 1% of this market. However, growing interest in new digital products and expanding investment opportunities create significant potential for growth in this segment, APA-Economics reports, citing the World Gold Council. According to the information, the current size of the digital gold …

Continue Reading