One of the major drivers of the record gold prices has been moves by central banks to diversify their foreign reserve ...

America's national debt hit a new record in November when it eclipsed $36 trillion for the first time ever. It's a staggering amount that can not only effect U.S. economic growth but also essential ...

The People’s Bank of China announced in November that it was resuming gold purchases after a six-month hiatus. Falling US interest rates have contributed to gold’s rally in the second half of ...

They bought gold ETFs during the pandemic in 2020 and started selling them two years later when the US central bank began raising interest rates to combat inflation. Higher rates make bullion less ...

Chinese consumers sell off old jewellery ... including the People’s Bank of China, as they want to invest their reserves in gold and diversify from holding US dollar assets,” said Anderson ...

Gold faces broader losses after US data kicks in. Bond yields are recovering slowely but surely. Gold attempted to break above $2,760 on Wednesday and faces a correction now. Gold’s price (XAU ...

OCBC Bank meanwhile kept its 12-month gold price target unchanged at US$2,900 per ounce ... he expected a continued strong market for selling gold. He also pointed out that with the anticipated ...