Post Archive by Year

Highlights Central banks bought a net 53 tonnes in October, a 36% increase month-on-month and the highest monthly net demand of the year A familiar group of buyers – led by a resurgent National Bank of Poland – drove the gains The year-to-date total reported purchases through October remained solidly positive at 254 tonnes, but slower than in previous years. … Read More

MOSCOW (Reuters) – The Russian central bank stated on Thursday that central banks in emerging markets are purchasing gold to diversify their international reserves due to a G7 attempt to utilize billions of dollars in frozen Russian assets. On track for its largest annual increase since 1979, gold is up 59% so far this year after reaching a record $4,381 … Read More

(Bloomberg) — Silver has reached a record high, surpassing a peak reached during a historic squeeze in the London market in October. Spot prices rose as much as 4.2%, reaching approximately $55.66 per ounce. The white metal was supported by growing hopes of a Federal Reserve interest rate cut in December, inflows into exchange-traded funds backed by bullion, and the … Read More

Japan’s largest gold retailer, Tanaka Co., Ltd. (7619.JP), has announced a suspension of sales of gold bullion ranging from 5 grams to 50 grams and platinum bullion from 5 grams to 10 grams due to supply shortages, Bloomberg reported. The company expects to resume supplies by the end of next month, while continuing to sell gold and platinum bullion weighing … Read More

Amid surging gold prices, the World Gold Council plans to implement “digital gold”: a form that can be used as collateral and meet margin requirements, thereby breaking gold’s current status as a non-yielding asset. According to the Financial Times, the World Gold Council (WGC) is planning to launch gold in digital form. This initiative could create revolutionary changes in the … Read More

While the headline speaks for itself, there are some nuances regarding gold’s rally to $3,508 that are worth noting. First, like the previous all-time high in April of this year, the movement occurred during Asian trading hours (02:48 London time) and not during London trading as we would have expected. Yes, markets have epicenters where liquidity converges, and it is … Read More

A consensus price forecast strives to evaluate the wisdom of the crowd. However, the LBMA Annual Precious Metals Forecast Survey seeks the individual analyst who makes the most accurate market price forecast for that given year, identifying the wisdom IN the crowd. How do surveys serve as consensus forecasts for metal prices? Accuracy of consensus forecasts Examining forecast survey data … Read More

On Wednesday, silver prices remained above $39 per ounce, fluctuating near their highest level since 2011, as a weaker U.S. dollar and lower Treasury yields continued to stimulate demand for precious metals. Investors also reacted to the latest trade developments after U.S. President Donald Trump announced a new trade agreement with Japan, which includes a 15% tariff on Japanese exports … Read More

Russian exports of precious metals to China have increased by nearly 80% this year, as Moscow strengthens its dependence on Beijing due to Western sanctions, Bloomberg reported on Monday. Russian shipments of gold, silver, and other precious metals to China reached $1 billion in the first half of 2025, nearly double compared to the same period last year, according to … Read More

A record number of investors sold gold coins to the Royal Mint between April and June for tax-free gains, as the price of gold reached all-time highs. The value of gold coins resold to the Royal Mint reached an all-time high, with a 75% increase quarter-on-quarter and 55% year-on-year. The Royal Mint operates a buyback program where customers can sell … Read More