Gold prices have been on the rise over the past several months, which has given a boost to stocks linked to gold mining. Rising geopolitical tensions, especially the ongoing tensions in the Middle East between Iran and Israel, with the United States now having joined the conflict, have been helping gold prices. Given the current
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%
The Greatland Gold (LSE:GGP) share price has been one of this year’s best performers. Since the start of 2025, it’s risen over 160%. This has helped push the group’s market cap (as of 13 June) to £2.18bn. I’m certain much of this rally reflects the increase in the price of gold. During times of economic
Photo by Sven Hoppe/picture alliance via Getty Images dpa/picture alliance via Getty Images Global gold-backed exchange-traded funds (ETFs) endured their first outflow for five months in May as demand for riskier assets improved, latest World Gold Council (WGC) data shows. Total outflows came in at 19 tonnes and had a value of $1.8 billion, the
Gold prices have been witnessing a northward journey in recent months, benefiting the stocks associated with yellow metal mining. On May 5, the spot gold price touched $3,415.57/ounce and it thereafter it stayed around $3,300/ounce. Stock prices of several gold miners have jumped year to date. The surge in gold price was driven by investor
Srinophan69/Getty Images Gold prices could rally another 20% even after a recent string of records, Jeff Gundlach says. That’s because investors are finally treating gold like a true asset class rather than a safe haven. The price of bullion is up 25% year-to-date. Gold’s record-setting rally isn’t close to being over, according to “Bond King”
Photo by Christopher Furlong/Getty Images Getty Images Global exchange-traded funds (ETFs) backed by gold bullion reported their highest monthly inflows for more than three years in April, data from the World Gold Council (WGC) shows. Ending the month at 3,561 tonnes, total holdings in these gold funds rose by 115 tonnes from March’s levels. Consequently,
Photo by Christopher Furlong/Getty Images Getty Images Global gold demand struck levels not seen for almost a decade in the first quarter as macroeconomic jitters drove safe-haven buying, according to the World Gold Council (WGC). Between January and March, yellow metal demand (including over-the-counter (OTC) dealing) rose 1% to 1,206 tonnes. This was the highest
Getty; BI Record-high gold prices could see a steep correction in the coming years, according to one analyst. There are long-term trends that could push bullion back to $1,820, Morningstar’s Jon Mills says. That implies a 38% decline for the metal from current levels. Gold has become a surprise winner of the Trump trade as
Goldman Sachs, BNP Paribas, Macquaire, ING, UBS, Citigroup and other such multinational investment banks and financial services companies have raised their price outlook for gold with the precious metal topped $3,000 an ounce during the weekend. After touching $3,000 briefly on Friday evening and dipping, the yellow metal hit the $3,000 mark again at 1640