Gold holds above $4,300 as dollar strength caps gains ahead of central bank meetings
Gold trades in a narrow range just above $4,300 as a resilient US dollar and expectations of hawkish decisions from the Fed, BoE, and BoJ this week cap gains.
Gold Market
Tagged: central banks
BIS gold swaps rise to 141 tonnes in August amid seizure fears
The Bank for International Settlements' gold swaps rose to 141 tonnes in August 2026, up from 131 tonnes in July, as the Dutch central bank repatriated gold from the US and Canada amid seizure fears.
Gold rebounds from one-week low as dollar softens, upside capped
Gold rebounds from a one-week low near $4,340 as the US dollar weakens. However, expectations of further rate hikes and rising geopolitical tensions cap the upside ahead of US inflation data.
Kunal Shah names five buy-on-dip commodities including gold and sugar
Kunal Shah of Nirmal Bang remains bullish on commodities. He names gold, silver, copper, crude oil and sugar as top buy-on-dip picks, citing central bank buying and supply constraints.
Central banks shift gold to London ahead of possible system shock
De Nederlandsche Bank has shipped 86 tonnes of gold from New York and Ottawa to London, citing geopolitical unrest. France has already emptied its gold from the New York Fed. The moves point to a deeper concern about liquidity in a crisis.
Central banks added 23 tonnes of gold in July, pace slows
Central banks bought a net 23 tonnes of gold in July, the World Gold Council reported. Year-to-date purchases of 130 tonnes lag last year, with higher prices prompting caution.
Central banks bought 23 tonnes of gold in July, led by China and Poland
Central banks net purchased 23 tonnes of gold in July, led by China (20t) and Poland (8t). Year-to-date purchases total 130 tonnes, lower than 160t a year ago. Russia sold 6t.
Gold climbs above $4,370 as yen intervention talk weakens dollar
Gold rose over 1% to $4,373 on Wednesday, supported by a weaker US dollar amid speculation of Japanese yen intervention. Weak ADP jobs data and steady Treasury yields also influenced the market.
Sovereign Gold Reserves: Who Holds the Most and Why
Sovereign gold reserves are held by central banks for financial stability; the United States, Germany, and the IMF lead in holdings.