Deutsche Bank is re-establishing its presence in global precious-metals trading after a hiatus, generating well over $100 million in first-half revenues and signalling a strategic shift toward bullion markets.
Gold prices edged higher following two consecutive days of losses, as markets trimmed expectations for a near-term U.S. rate cut and investors reassess safe-haven dynamics.
Cocoa futures dropped below $5,300 per ton on ICE for the first time since 2024, pressured by expectations of U.S. tariff cuts and improving West African harvests.
China has secured its first foreign partner under its gold-custody scheme, with Cambodia agreeing to store reserves in China as Beijing expands its role in global bullion markets.
Bank of America strategist Michael Hartnett says gold and Chinese equities offer the strongest protection for investors riding the artificial-intelligence boom.
Gold has surged over 50% this year, while Bitcoin is up about 13%, raising questions about which asset truly functions as a hedge against a weakening US dollar.
Gold prices remain elevated after a robust run this year, yet officials at the Bangko Sentral ng Pilipinas (BSP) say their own heavy holdings may justify profit-taking, even as global central-bank buying supports the metal.
Gold suffered its worst single-day drop in 12 years, tumbling more than 6% amid profit-taking and a firmer dollar. Still, the long-term outlook remains bullish thanks to central bank buying and inflation hedging.
HSBC has joined a growing number of major banks forecasting gold at $5,000 per ounce by 2026, as geopolitical tensions, central bank demand, and policy uncertainty fuel one of the strongest bull markets in decades.
Gold’s global market capitalization has surpassed $30 trillion for the first time ever, fueled by record prices above $4,280 per ounce and sustained safe-haven demand amid global uncertainty.
Gold prices hit a new all-time high above $4,200 per ounce as investors reacted to deepening U.S.-China trade tensions and rising bets on further Federal Reserve rate cuts.
Gold hit a record $4,179 per ounce on Tuesday as investors piled into safe-haven assets amid escalating US-China trade tensions and expectations for deeper Federal Reserve rate cuts.
Gold prices surged to a record $4,000 per ounce, driven by renewed demand for safe-haven assets amid global market volatility and interest rate uncertainty.
Gold surged to a record high above $3,800 per ounce Monday as investors rushed into safe haven assets amid fears of a U.S. government shutdown and growing expectations of Federal Reserve rate cuts.