Centerra Gold: There Is Upside, But Spot Prices Decide Movements

Gold demand falls as duty hike keeps prices high

By A Staff ReporterKathmandu, June 22: The demand for gold in the domestic market has been significantly affected follow...

HAU Index: Is Asia Beginning to Break London's Grip on Global Gold Pricing?

Competition in the global gold market is no longer limited to production, consumption, or central bank reserves. It has now expanded to one of the industry's most influential mechanisms: gold price benchmarks. In a move that goes far beyond a technical upgrade, Hong Kong has launched a new gold benchmark index, known as HAU, in partnership with Bloomberg. The initiative is part of a broader strategy to strengthen the city's position as a global gold trading hub while providing a regional benchmark that reflects price movements during Asian trading hours. The launch comes at a time when the majority of global gold demand is concentrated in Asia, even as the world's primary benchmark prices continue to be determined in London and New York.

Falling gold prices raise concerns over Ghana’s economic outlook

A recent decline in global gold prices is drawing attention from policymakers, investors and market analysts, amid concerns over the potential impact on Ghana’s export earnings, foreign exchange inflows and fiscal outlook. Gold, Ghana’s largest export commodity and a major source of foreign exchange, has come under pressure in recent weeks as investors reassess market []

Gold steady, oil falls as investors monitor U.S.-Iran talks

Washington, June 23 (SANA) Gold prices were little changed on Tuesday while oil extended losses as investors assessed developments in U.S.-Iran negotiations and their potential impact on energy markets. According to Reuters, spot gold was steady at 4,191.09 an ounce, while U.S. gold futures for August delivery rose 0.2 to 4,208.40. Market sentiment was also []

Markets Turn Cautious as Gold Falls, Oil Weakens and Micron Looms – Comments from Century Financial

Gold Silver Gold is down by abut 1.81 in the day and is currently trading at 4,116. From a fundamental standpoint, Deutsche Bank AG reduced its gold price forecasts by as much as 22, as investors grew more wary of the outlook for US monetary policy and investment demand for the precious metal dried up. Furthermore, [] The post Markets Turn Cautious as Gold Falls, Oil Weakens and Micron Looms – Comments from Century Financial appeared first on Middle East News 247.