Gold news

Oil prices advanced as mounting security incidents near the Strait of Hormuz and wider Middle East tensions increased concern over export disruptions.

Gold moved higher after softer U.S. employment data reduced expectations for an October Federal Reserve rate increase, while a firm dollar capped gains.

Iran’s rial hit a fresh open-market low as state banks began selling up to $2 billion, with inflation above 70% and demand rising for dollars and gold.

US manufacturing stayed in expansion in September, but the ISM prices-paid index jumped to 77.9 as new orders and factory employment strengthened.

Core PCE inflation held at 3.0% in August while monthly headline inflation undershot forecasts and consumer spending accelerated sharply.

Gold extended its decline in Asian trade as a stronger dollar, elevated yields and expectations for further Federal Reserve tightening pressured XAU/USD.

Northern Star Resources rejected an unsolicited Gold Fields takeover proposal, arguing the mix of cash and stock undervalued the Australian gold producer.

Fresh U.S.-Iran tension over the Strait of Hormuz has put geopolitical risk back in focus for XAU/USD as Tehran combines military warnings with calls for diplomacy.

Presidents Donald Trump and Xi Jinping ended a high-profile Washington visit with calls for a more stable relationship, while major trade and geopolitical issues remained under discussion.

The benchmark U.S. 10-year yield has climbed to its highest level in nearly two decades, keeping the dollar and gold sensitive to bond-market moves.

XAU/USD remained under pressure as higher U.S. yields, a firmer dollar and expectations for further Federal Reserve tightening outweighed safe-haven support.

Artemis Gold plans to buy Vista Gold in an all-stock transaction valued at $427 million, prompting a surge in Vista Gold shares as investors react to the valuation and deal terms.

After seven years, talks over custody of Venezuela’s 31 tons of gold held abroad appear to move toward a conclusion, as Caracas seeks control of its bullion.

Following the Federal Reserve's latest decision, Goldman Sachs increased its target for gold, signaling a change in the market environment for buyers and traders.

JPMorgan analysts highlight a favored set of gold mining stocks amid optimism for the sector and flag a potential for bitcoin to attract more support than gold if ETF hedging conditions ease.

UK financial regulators are weighing a tailored regime and fund exemptions for tokenized gold, with industry participants citing potential rule uncertainty as a risk to development and access.

Lahontan Gold Corp. named Billy Choi as chief financial officer to replace John McNeice, who is stepping down from the role.

Markets across Asia were mixed as oil prices stayed firm amid tensions around Iran, with gold movements and stock rallies outlined alongside expectations for interest-rate policy ripple effects.

China’s central bank increased its gold holdings to a peak not seen since 2023, while its foreign exchange reserves continued rising, signaling ongoing asset diversification and reserve-building.

Citi analysts highlight potential upside as a networking stock tumbles on weak revenue guidance, a biotech stock receives a new buy rating, and gold prices pull back.

Barrick Mining postpones the IPO of its U.S. gold unit to 2027, while Gold X2 secures NYSE American listing approval and extends its annual meeting deadline.

Gold extended a pullback after hitting two-week lows and erasing a large portion of last week’s gains as expectations for a Federal Reserve rate increase intensified.

Asian shares broadly lower as gold prices ease and miners retreat, while regional indices track declines after a U.S. market downturn and commodity moves signal softer energy demand.