Precious Metals News
The findings point to a broader pattern in the global gold trade, where rising prices, now approaching $5,000 per ounce, have intensified extraction in conflict zones and environmentally fragile regions.
Overall though, central bank gold buying provides a structural floor for prices of the precious metal and validates gold as a core strategic asset for long-term wealth preservation.
Global gold production hit 3,300 metric tons in 2025, led by Newmont, Agnico Eagle Mines, and Barrick Mining, with China, Russia, and Australia topping output by country.
The Company conducted a detailed review of the draft Mining Law during the legislative process and confidentially submitted proposed comments to the relevant authorities.
The usual market reactions followed. Brent crude oil rose above $100 a barrel, with the US dollar strengthening in tandem.
Gold prices showed resilience, rising 2% over the week to $4,871/oz and lifting year-to-date gains to 11.5%.
Gold priced in Euros and UK Pounds also dropped Monday, down as much as 1.7% to €4036 and £3514 per ounce respectively after reaching 7-session highs last Friday.
Tehran said it would not participate in a second round of negotiations that the U.S. had hoped to kick off before the ceasefire expires on Tuesday.
In March, geopolitical concerns from US-Israel strikes on Iran had driven a sharp gold rally.
Strong investment demand helped offset continued weakness in the jewellery segment.
What gold's price will be in 2030 will depend on the monetary policies set by the Federal Reserve and other global central banks.
Despite uncertainty, global equities posted gains, U.S. Treasury yields remained largely stable, and the U.S. dollar weakened.
The Swiss private bank is gradually adding bullion to discretionary client portfolios after cutting exposure to 3% from around 10%.
Spot gold has fallen more than 11% since the U.S.-Israeli war on Iran began on February 28.
The Lira still fell to new all-time Dollar lows, however, before stabilizing so far in April.
Additionally, hedge funds and commodity trading advisors accelerated selling as prices broke key technical levels, amplifying downside pressure.
That tax isn't always factored into the initial decision to sell, but it directly reduces your net return, and, in some cases, can turn a modest gain into a much smaller one.
After weeks of turbulence, the LBMA Gold Price PM rebounded 3% to $4,639/oz, extending its year-to-date gain to 6%.
Finally, experts say you should be watching central banks, and more specifically, how much gold they are (or aren't) buying.
If you bought $25,000 in gold right now at today's prices of $4,690 per ounce, you'd be able to purchase roughly 5.3 ounces with that budget.
Meanwhile, Bank Negara Malaysia recorded modest gains, reflecting steady interest in diversification.
Tehran has rejected the latest ultimatum and continues to carry out attacks on energy assets across the Middle East.
The White House says the address will restate Trump’s intention to end the war within the next three weeks.
Nutland added that in the wake of the Iran war, gold had reverted to its more traditional relationships.
Gold prices declined amid the turmoil, with the LBMA Gold Price PM falling 1.3% to $4,503/oz, trimming its year-to-date gain to 3%.