Gold Price Forecast
- Gold
- Platinum
- Silver
Gold price hovers around $1,990 per troy ounce during the Asian session on Monday, struggling to continue the winning streak. However, the bullion prices improved on expectations that the US Federal Reserve (Fed) may conclude its monetary policy tightening after the subdued employment data from the United States (US).
However, Gold prices could experience downward pressure…
Gold price up amid bullish outside markets
We've recently updated our Gold Production volumes data for 2022. This data shows annual global gold production broken down both by region and country.
Global mine production by country
The significant lag in the detailed data is due to the length of time it takes for various large-scale mining (LSM) data points to be published and collated. Our…
The Australian dollar gold price hit a record high in October as the safe-haven metal and inflation hedge climbs on fears around war in the Middle East and a global economy carrying record levels of debt.
Since fetching $2585 an ounce this time last year, Australian dollar gold has jumped 22.2 per cent to $3158 an…
In Wednesday's session, the XAG/USD faced selling pressure, but Chair Powell's dovish words made the grey metal reverse its course towards $22.90, and at the time of writing, it is up by 0.20% on the day.
After the Federal Reserve (Fed) announced it would hold rates at the 5.25-5.50% range, Chair Powell sounded somewhat hawkish at…
Q3 gold demand firmly above longer-term average
Central banks gold buying maintained a historic pace but fell short of the Q3’22 record. Jewellery demand softened slightly in the face of high gold prices, while the investment picture was mixed.
Gold demand (excluding OTC) in Q3 was 8% ahead of its five-year average, but 6% weaker y/y at…