05:29
Gold

Gold’s ascent: Cautious optimism in a shifting global landscape

On 2 September, spot gold briefly broke through the historic threshold of $3,500 an ounce, before settling just under that level at $3,494. This rally not only eclipsed the previous peak set in April but also cemented gold’s position as one of the best-performing assets of 2025.

04:56
Gold hits record

Fed rate cut expectations push gold to new all-time high

The price of gold surged sharply on Wednesday, reaching a new record of $3,530.08 per ounce. Analysts say the rise is driven by expectations of a U.S. Federal Reserve (Fed) rate cut in September and concerns over the central bank’s independence.

11:11
Gold

Central banks favour gold over dollar for reserves

Central banks around the world expect their gold holdings as a proportion of their reserves to increase over the next five years while expecting their dollar reserves to be lower, a survey by the World Gold Council (WGC) showed.

16:00
Trade War

Gold climbs on trade war fears and dollar decline

Gold prices rose on Tuesday, driven by escalating trade tensions between the U.S. and its major trading partners, along with a softer U.S. dollar. Spot gold gained 1% to $3,013.34, recovering from recent lows, while U.S. futures climbed 1.9%, reaching $3,028.40.

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