Investor sentiment remained fragile in the first half of 2025, providing strong tailwinds for gold. Despite gradually easing geopolitical tensions, the Trump administration’s chaotic tariff policies, weakening greenback and central banks’ increasing purchases of the precious metal have contributed to gold’s sustained appeal. Favorable fundamentals could position gold for further gains through late 2025 and
Photo by michael norcia/Sygma via Getty Images Sygma via Getty Images Global central banks bought another 20 tonnes of gold in May as conflict erupted in the Middle East, the World Gold Council (WGC) announced on Wednesday. Total purchases were up from 12 tonnes in April, but lower than the 12-month average of 27 tonnes,
Bank of America has raised its outlook on gold, setting a much higher price target for next year. Right now, gold trades near $3,330 per ounce, up more than 40% over the past year. Right now, gold trades near $3,330 per ounce, up more than 40% over the past year.(Pexels) The bank now expects gold
A recent report by the European Central Bank reveals that gold has overtaken the Euro as the second-highest foreign exchange reserve asset for the central banks. Well, this should not shock any of us. Gold has drawn a lot of attention from central banks in the past many years. It was only a matter of
Photographer: Milan Jaros/Bloomberg © 2025 Bloomberg Finance LP Some 95% of respondents to a World Gold Council (WGC) survey expect central banks’ gold reserves to increase over the next 12 months, according to an organisation report. Expectations have steadily risen in recent years, the council’s research shows. The figure stood at 81% last year, 71%
Gains in silver prices have not matched gold’s dizzying rally.Ravitaliy/Getty Images Gains in silver prices are unlikely to catch up to the gold rally, Goldman Sachs analysts wrote. Central banks’ gold demand has driven the gold-silver price ratio out of its historical range since 2022. Economic uncertainty is fuelling a gold rally. Meanwhile, silver prices
(Reuters) -Asian bonds attracted the largest monthly foreign inflows in seven months in March, driven by hopes of rate cuts from regional central banks and their appeal as a haven as global assets were hit on worries over U.S. tariffs and a recession. Foreigners purchased a net $7.16 billion worth of regional bonds during the
Gold prices have reached historic highs both internationally and in India, reflecting investors’ flight to safety amid mounting global economic uncertainties. In India, the price of 24-karat gold soared to Rs 93,390 per 10 grams, while 22-karat gold was priced at Rs 85,610 per 10 grams. Globally, spot gold exceeded the $3,200 per ounce threshold
Gold has risen nearly 40% over the past 12 months, more than double the S&P 500’s SPY 19% gain. The precious metal is climbing due to uncertainty surrounding trade wars and tariffs, as well as massive purchases by global central banks. Continued volatility in the stock market has also led many investors to seek the
“So, what we have now is actually still a lot of outstanding contracts which cannot deliver or they cannot deliver the right place and the first part which I made that gold is money under Basel III, it has as well a currency ticker,” says Juerg Kiener, MD & CEO, Swiss Asia Capital. Help us