A summary of the most important gold news and analysis of the last week. |
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Gold price |
Gold price: $4,369.80 $XAUUSD ( 0.0% ) [View live gold price.] |
Change from last week: $400.69 (10.10%) |
Gold news |
This week’s summary of gold news and analysis. |
• Gold price tops $4,300 per ounce for first time [Goldscape] |
"The price of gold passed $4,300 USD per ounce for the first time on 16 October, 2025. Gold reached the historic $4,000 mark on the 8th of October, and the gold price has continued its historic bull run by reaching $4,100 on the 13th of October and $4,200 on the 15th of October." |
• Gold price could go ‘a lot higher’, and miners are still undervalued after 100% gains – BlackRock’s Hambro [Kitco] |
• In world’s biggest gold markets buyer demand is unrelenting (archive) [Bloomberg] |
"From India to China and Turkey, the rush to buy gold despite this year’s nearly 60% ascent to a record high stems from multiple projections that today’s eye-watering levels will likely look like a bargain in a few months’ time." |
• How long will gold mania last? (archive) [Financial Times] |
"Professional and retail investors are swarming to buy the precious metal, raising the risk of a bubble." |
• Why soaring gold prices could be a warning sign for the economy [ABC News] |
• What would it take to back the dollar with gold? [Crisis Investing] |
• Southeast Asian 'gold rush' fuels wave of business projects ($) [Asia Nikkei] |
"From lion-embossed bullion to new mining sites, companies ride investment boom." |
🔮 Gold price forecasts |
• ANZ forecasts gold to hit $4,400/oz by year-end, peak at $4,600/oz by mid-2026 [Reuters] |
• ‘All that glitters is fear’ as $5,000 gold is now ‘increasingly inevitable’ – Societe Generale [Kitco] |
• BofA lifts 2026 gold forecast to $5,000/oz, sees silver at $65 [Reuters] |
• $5,000 gold: logic, not lunacy, in a de-dollarizing world [Asia Times] |
"Gold’s dizzying rally likely has legs as Trump does everything imaginable to discredit and debase the dollar." |
• Gold on track for $5,000 as precious metal hits new record high to nudge $4,300 for first time [This is Money] |
• Jamie Dimon says gold can "easily go to $5,000 or $10,000" [Zero Hedge] |
• At this rate, the price of gold could soar to $10,000 per ounce in just three years [Fortune] |
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🌐 World gold news |
Gold news from a global perspective. |
🇦🇺 Australia |
• Fossicking for a fortune: the price of gold is sky-high, and prospectors in Victoria hope to cash in [The Guardian] |
• Remarkable $9,000 discovery in bush highlights gold 'frenzy' hitting Australia [Yahoo News] |
🇨🇳 China |
• 2025 Chinese jewellery retailer insights: Gold and self-wear remain key [World Gold Council] |
• Gold fever grips China, but regulators say beware [Caixin Global] |
🇬🇭 Ghana |
• State-run gold body has boosted Ghana's foreign reserves, central bank chief says [Reuters] |
🇮🇳 India |
• Gold’s Diwali gloom hides quiet glitter in India’s bullion backrooms [The Economic Times] |
• India's love for gold: Indian households now hold $3.8 trillion worth gold; here's what Morgan Stanley says [The Times of India] |
• Price surge weighs on gold, silver sales in India’s Diwali market [SCMP] |
"With prices soaring amid US-China tensions, consumers have been looking to coins and bars as a safer form of investment, observers say." |
🇮🇶 Iraq |
• Iraq boosts gold reserves as global prices hit record highs [Shafaq News] |
🇮🇹 Italy |
• Italy's tenacious stance on gold pays off as prices soar [Reuters] |
🇰🇪 Kenya |
• Kenya turns to the Bank of England for gold in a bid to protect its economy [Business Insider Africa] |
🇸🇬 Singapore |
• Singapore investors join gold rush as record-breaking rally continues [The Straits Times] |
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🇿🇦 South Africa |
• South African gold producers see bright future amid soaring prices [Mining Weekly] |
🇰🇷 South Korea |
• Gold frenzy in South Korea drives record ‘kimchi premium’ [The Korea Herald] |
"Local gold trades nearly 20% above global prices, as demand outpaces supply." |
🇸🇩 Sudan |
• Sudan says gold output hits 53 tonnes in nine months [Sudan Tribune] |
🇹🇷 Türkiye |
• Turkey’s $500 billion gold hoard complicates inflation fight [Mining] |
🇦🇪 United Arab Emirates |
• UAE Central Bank’s gold reserves top Dh30 billion for first time [Gulf News] |
• Dubai unveils ATM-like machine that tells you if your gold is pure [Gulf News] |
🇬🇧 United Kingdom |
• Tudor treasure: Henry VIII’s gold love pendant goes on display at the British Museum [Ian Visits] |
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🇻🇳 Vietnam |
• Vietnam to establish domestic gold exchange, aims to stabilize market [VietNamNet Global] |
• Vietnamese rush to buy gold but face empty shelves on first day as state lifts bullion monopoly [VnExpress] |
Gold-backed cryptocurrency |
• Buy and sell gold with cryptocurrencies with low fees, secured and insured in professional vaults. (sponsor) |
• Why tokenized gold is booming as spot gold breaks records [Cryptonews] |
• Nasdaq-listed Aurelion expands treasury with $134 million in Tether Gold [Coin Central] |
Read more about gold-backed cryptocurrencies. |
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Gold Weekly features curated articles from various sources and is not financial advice. |
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