What the London Gold Vaults Hold and Who Owns It
London's vaults store vast quantities of gold owned by central banks, commercial banks, ETFs, and private investors, with the LBMA setting standards.
Gold Market
Original summaries of the reporting that moves the gold price, with every source linked.
London's vaults store vast quantities of gold owned by central banks, commercial banks, ETFs, and private investors, with the LBMA setting standards.
The global gold market runs 23 hours a day through a chain of trading venues spanning Asia, Europe and North America.
A guide to reading CFTC positioning data for gold futures, explaining the three trader categories and how changes in their net positions can signal shifts in market sentiment.
Crude oil posted its first weekly decline in three weeks as improved flows through the Strait of Hormuz eased supply fears. Brent fell over 5%, WTI over 4%. The move has implications for gold.
Speculative gold positioning saw its largest weekly increase since early June in the week to August 25. CAD short covering led broader shifts across currencies and commodities.
Gold royalty and streaming companies provide capital to miners in exchange for future gold revenue, offering a lower-risk way to gain gold exposure.
All-in sustaining cost (AISC) is a metric that captures the total cost of producing an ounce of gold, including mining, processing, and sustaining capital.
Gold fell more than 3% on Friday as Federal Reserve Chair Kevin Warsh’s remarks on inflation boosted expectations for a September interest rate increase. A stronger dollar added to the decline.
Gold has rallied over 13% in August 2026, one of its best months since the gold standard ended. Despite the blistering pace, the metal remains far from overbought, with seasonal and technical factors still in play.