Gold prices eased on Thursday, pressured by a firmer U.S. dollar, as investor worries eased temporarily after President Donald Trump said he did not plan to oust Federal Reserve Chair Jerome Powell.

Gold is set to consolidate at around the $3,350 level for the remainder of the day, with traders awaiting the weekend. If XAU/USD rises past the current week’s high of $3,377, the next resistance would be $3,400. A breach of the latter clears the way to challenge the June 16 high of $3,452, ahead of the record high of $3,500.

China’s central bank has been buying physical gold to add to its reserves for at least the last three years – and there’s growing speculation that the country may be purchasing even more of the metal in secret as part of a strategy to reduce its reliance on the U.

Gold prices edged lower on Thursday, weighed down by a stronger dollar and robust U.S. economic data, while caution persisted as markets awaited clarity on tariff developments. Spot gold fell 0.3% to $3,

West African governments are scrambling to make the most of a new gold rush. But the boom is also exacerbating existing challenges for the region. The post For West Africa, the Gold Boom Is a Double-Edged Sword appeared first on World Politics Review.

In India, the price of 24 karat gold stood at ₹99,380 for 10 grams, 22 karat gold at ₹91,100 per 10 grams, and 18 karat gold at ₹74,540 per 10 grams, according to Goodreturns data.

Gold was steady in the early Asian session, supported by geopolitical tensions in the Middle East.

Silver prices hover near $39 as gold steadies and the dollar dips. Traders eye Fed signals and key resistance for the next silver market move.

As Nathan Lewis has long observed, the “yes, but” arguments against a gold standard are completely bogus. To see why, contemplate the dollar once again.

Gold futures rose, though they remained stuck in a narrow range as the market awaited fresh catalysts.

The building sat puzzlingly empty for years before selling in March to a developer who is now offering a trio of units at prices over $4 million.

Gold prices rose on Wednesday as investors digested data showing an increase in U.S. consumer prices last month and waited for further clarity on U.S. President Donald Trump's trade policy.