Gold miners with large open-pit operations could face the biggest margin pressure from the conflict in the Middle East as higher oil prices threaten to lift fuel and consumable costs in the near term, Jefferies says. Open-pit mines are particularly vulnerable to fuel inflation because diesel powers haul trucks, electricity generation and much of the processing chain, Jefferies mining analysts led by …
Continue ReadingGold continues to find buyers on dips during the session on Thursday, as traders continue to worry about the war, and the next steps going forward. Gold Technical Analysis The gold market pulled back just a touch during the early hours here on Thursday only to find buyers again as we continue to see a “buy on the dip” type of situation. Dropping …
Continue ReadingIn this week’s Monday Manager, Portfolio Adviser speaks to Mark Burridge, managing partner and fund manager of the £110.97m SVS Baker Steel Gold & Precious Metals fund. He shares why silver outperformed gold in 2025, how the gold market is more diverse than it’s ever been, and turning mistakes into better decisions. The Monday Manager series covers fund managers that have worked on their fund for over three years, …
Continue ReadingA month after the initial reports emerged that Kazakhstan’s central bank plans to invest in cryptocurrencies, governor Timur Suleimanov provided further details today that actually differ slightly from the initial idea. As reported by Reuters, the governor of the central bank said during a briefing on interest rates that the entity is “currently developing a list of instruments in which …
Continue ReadingThe Central Bank of Nigeria (CBN) has taken delivery of responsibly sourced gold refined to London Bullion Market Association (LBMA) Good Delivery standards into its foreign reserves. This brings the CBN’s total gold holdings to $3.5 billion, marking a significant step in its reserve diversification strategy. The gold, sourced in Nigeria, was aggregated by the Solid Minerals Development Fund (SMDF) …
Continue ReadingWhenever there’s a spike in geopolitical tensions, gold usually wastes no time in pushing forward with aplomb. However, since the Iran war has started, the shiny yellow metal hasn’t followed the usual script. Morgan Stanley analysts, though, believe that the recent choppiness isn’t indicative of fading safe-haven demand. Instead, Amy Gower and her team point to a couple of potent …
Continue ReadingGold has captured investors’ attention, with the price rocketing 82 per cent over the past year. Although that pales in comparison to the 179 per cent rise in the silver price. But while gold and silver grabbed the headlines, other metals have also soared, with platinum up 127 per cent in 2025, palladium up 78 per cent, lithium up 65 …
Continue ReadingGold‘s appeal as it draws support from the widening conflict in the Middle East is expected to remain intact even if some investors have favoured the dollar as their preferred safe haven, traders and analysts said. They added that a sharp fall in gold prices on Tuesday was likely to draw in buyers. A flight to safety lifted the dollar index =USD by 0.5% …
Continue ReadingGold steadied around $5,177 on Friday, consolidating within this week’s range as traders weighed fading hopes for near-term Federal Reserve rate cuts against persistent geopolitical risk. At the same time, the World Gold Council (WGC) argues that the metal’s recent strength is driven less by exuberance and more by hedging demand amid fragile underpinnings in risk assets and a market …
Continue ReadingGold has been on one of the most powerful runs in its modern history. Spot prices touched an all-time high near $5,589 in late January 2026 before pulling back and stabilizing above $5,000. As of Feb. 25, the metal is trading around $5,187 per ounce, still near historic highs, and — as I wrote recently — on track for consecutive …
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