Gold is “technically overbought” but “actually under-owned,” says strategist

Investors of all stripes have flocked to gold in recent months as the safe-haven asset has gained ground amid widespread economic uncertainty, and one expert says the price of the precious metal will likely need to rise further. “There is this perception that gold is a crowded trade, that it is over-owned,” said Daniel Ghali, Director of Commodity Strategy at … Read More

Why Chinese Gold Jewelers Are Eclipsing Global Luxury Brands

While global maisons chase modern minimalism, China is gilding the future with ancient motifs, 24-karat dreams, and a new kind of emotional value. In a gleaming shopping mall in Hangzhou, a Gen Z couple leans over a glass counter filled with phoenix bracelets and filigree-engraved lockets. But this is not a family heirloom handover. This is a self-gifting ritual, captured … Read More

Why gold is more than a safe haven for central banks

Why gold is more than a safe haven for central banks Central banks expect global gold reserves to grow over the coming year, amid geopolitical tensions and persistent economic challenges. Our 2025 Central Bank Gold Reserves Survey shows strong indications that gold will remain a key reserve asset over the next 12 months. 95% of reserve managers surveyed expect central … Read More

BofA Sees $4,000 Gold Price Due to U.S. Debt Concerns, Not War

Bank of America analysts see gold prices reaching $4,000 per ounce—an 18% jump from current levels—within the next year due to rising U.S. fiscal debt. Gold, traditionally viewed as a safe-haven asset during periods of uncertainty, has risen nearly 30% this year, driven by elevated global trade tensions and growing geopolitical risks. In April, the yellow metal climbed to an … Read More

Gold Surpasses the Euro in Global International Reserves

Robust gold purchases by central banks since 2009 and the rising price of gold have increased the precious metal’s share of global international reserves at the expense of fiat currencies. By the end of 2023, gold surpassed the euro, and the next fiat currency to be challenged is the US dollar. Often, when financial analysts draw charts on the distribution … Read More

Why are central banks buying so much gold?

May 29, 2024 Reading time: 4 minutes   Since the beginning of 2022, central banks around the world have purchased record amounts of gold. The pace and regularity with which these state financial institutions are stockpiling gold is unprecedented. What is behind this new gold rush?   It is no secret that gold is a strategic safe-haven asset that plays … Read More

The process is gaining momentum; gold is “migrating” from the West to the East.

L’Essentiel: the process has begun: tons of gold are being exported from the West to the East The process is gaining momentum; gold is “migrating” from the West to the East 2:24 Economy The price of gold has reached unprecedented levels, with records set for several consecutive weeks. This precious metal is valued at over 70,000 euros per kilogram. Photo: … Read More

Russia Overcomes Draconian Western Sanctions with the Help of Gold

Russia’s Gold Reserves Provide Reliable Protection from Western Sanctions Russia’s gold reserves have become the “magic wand” with which Russia has easily survived the West’s “infernal” sanctions and achieved economic growth. The West Admires Russia’s Policy of Pegging the Ruble to Gold The Russian economy showed unprecedented growth of 3.6% in 2023 against the backdrop of over 16,000 sanctions, as … Read More

China and Russia drive record gold rally toward $2,280

The price of gold recently hit an all-time high, surpassing a valuation of $2,200. This record surge in prices has fueled aggressive debates regarding a potential misalignment in the global economic structure, which is driving gold prices to new highs. With the gradual erosion of the USD and calls to support regional currencies, investor sentiment is now backing gold, pushing … Read More

Young Chinese Investors Are Stockpiling Gold Beans

Gold, the leading commodity, has attracted investor attention by reaching a new all-time high of $2,195 per ounce. Now, young Chinese investors are deploying capital to accumulate gold beans and other gold jewelry for wealth protection. Interestingly, these beans have become very popular among Chinese Generation Z, thanks to their accessibility with a weight of one gram each. Therefore, around … Read More