Gold Market
Summaries produced by the GoldRate.info market desk from primary reporting, with sources linked on every article.
Kinross Gold has reduced its 2026-2027 production forecast by about 8% after weather and metallurgical issues in Chile and slower mining in Nevada. The miner raised its shareholder return target partly offsetting the news.
India's market regulator has extended its vault manager framework beyond electronic gold receipts to ETFs and derivatives, and raised the net-worth threshold to Rs 75 crore.
Gold fell to a one-week low on Thursday as a stronger US dollar and rising bond yields reduced the metal’s appeal. Higher oil prices added to the headwinds.
NSE MD & CEO Ashishkumar Chauhan has detailed the exchange's plans to diversify revenue streams, highlighting the live Electronic Gold Receipts (EGR) product and a pipeline that includes bond index futures and electricity contracts.
October gold futures on the MCX slipped ₹171 to ₹1,51,128 per 10 grams on weak spot demand. Global contracts in New York also eased, down 0.25 per cent to $4,277 an ounce.
Gold fell back from $4,450 and is struggling to break above $4,420. Technical indicators show resistance at $4,360 and a bearish trend line, with support at $4,250.
Gold has been stuck between $4,250 and $4,400 per ounce. The usual negative correlation with Treasury yields has broken down, as US fiscal concerns and central bank buying support the metal.
Chris Griffith, former Gold Fields CEO, has joined a private equity venture seeking $1 billion to invest in African critical minerals. He is working with Colin Coleman and Sam Jonah.
Market analyst Ira Epstein observes a resurgence in gold, silver and copper. Silver is currently outperforming gold, while tariff changes and upcoming economic data may influence prices.