Key Takeaways Profit booking in gold and silver refers to selling positions to lock in gains after a price rise — functionally the same as “profit taking” in Western markets. Profit booking typically creates temporary price dips rather than structural trend reversals. The long-term reasons to hold gold and silver usually remain intact. Silver tends … Read more

Iran’s Islamic Revolutionary Guard Corps fired missiles at a Qatari LNG carrier in the Strait of Hormuz on Tuesday, a strike that coincided with a sharp intraday drop in the gold price. Gold declined roughly $49, sliding from $4,165 to an intraday low near $4,116. The attack took place on Day 20 of the 60-day … Read more

China’s central bank has published its gold reserve figures for June 2026. According to the State Administration of Foreign Exchange, the People’s Bank of China added 480,000 troy ounces of gold in June — equivalent to 14.93 tonnes. That purchase, reported on July 7, 2026, is the largest single-month addition since 2023 and extends the … Read more

Bank of America has flagged current U.S. equity speculation as reaching levels not seen since 1999–2000 — the period just before gold embarked on its longest modern bull market. As of early July 2026, gold was trading near $4,160 and was down roughly 3% year-to-date, while the S&P 500 had risen about 9%. That divergence … Read more

Key Takeaways Gold and silver typically move inversely to NFP surprises: a miss tends to push precious metals higher; a beat tends to push them lower. The transmission runs through five links: the NFP surprise, Fed rate expectations, real yields, the U.S. dollar, and the opportunity cost of holding non‑yielding metals. Gold tends to react … Read more

Gold is trading at $4,155 per ounce on Monday, July 6, 2026, marking a two-week high. While the jobs report dominated headlines, the event that will matter most for gold holders is the release of the FOMC minutes on Wednesday at 2:00 p.m. ET. Those minutes will be the record of the Federal Reserve’s June … Read more

Gold climbed 2.49% to $4,132.56 on July 2, 2026, while silver jumped 3.85% to $61.45. Both metals rose as traders reversed a recent Federal Reserve rate-hike bet in the run-up to the U.S. jobs releases. Silver’s advance outpaced gold’s by more than 1.5-to-1, reflecting different sensitivities to the economic outlook and market positioning. This price … Read more

Key Takeaways June nonfarm payrolls rose by just 57,000, far below the 115,000 consensus estimate, and April and May payrolls were revised down by a combined 74,000 jobs. CME FedWatch odds of the Federal Reserve holding at the July 29 meeting increased from roughly 70% to about 78% after the report, reducing implied odds of … Read more

Key Takeaways Global gold demand exceeded 5,000 tonnes in 2025 for the first time, while total supply reached 5,002 tonnes. Mine production supplied just 3,672 tonnes [World Gold Council]. Mine production has grown at under 1% annually on average for a decade. The gold price rose sharply in 2025, but miners cannot quickly increase output … Read more

Key Takeaways Gold technical analysis uses price-based tools — moving averages, RSI, MACD and Fibonacci retracements — to assess trend direction, momentum and likely turning points in the gold price. For long-term physical holders, technical analysis does not replace fundamentals. Fundamentals determine why to own gold; technicals help decide when and how much to buy … Read more