Gold Price Forecast 2026: Bank Targets — September Update
US payrolls rose 162,000 in August against a consensus near 55,000, and the same release revised July from a 23,000 loss to a 21,000 gain. Spot gold fell 2.2% to $4,376.04 on the print, and September-hike pricing — 63% on…
Central Bank Gold Buying and the Gap Between Metal and Paper Demand
Central banks bought 289 tonnes of gold in the second quarter of 2026, up 74% year on year, in the quarter gold posted its steepest decline in a decade. Over the same period, 72% of family offices held no gold…
Why Physical Gold Holds Capital Better Than Crypto: Custody, Security, Movement
For capital held outside the banking system, the choice usually narrows to two: physical gold and crypto. Both are asked to do the same four things — hold value across a monetary cycle, let growth accrue to whoever holds the…
Source-of-Funds Evidence for a Gold Purchase Funded from Digital Assets
A bullion purchase funded from digital assets runs through two record systems built to answer different questions. The digital-asset side generates addresses, transaction hashes, platform account statements and screening outputs — records that trace movement precisely and say little about…
Singapore Gold Market: How a City-State Built a Gold Hub
Demand for physical gold has shifted toward Asia; the infrastructure that prices, clears, and settles it has not. Most over-the-counter gold still settles loco London — in London, on London’s business days — even when both counterparties sit in Asia.…
Rand Refinery: History, Production & Authentication
Rand Refinery is the only refiner in Africa on the LBMA Good Delivery List, and one of seven refiners the LBMA appoints as Referees — the laboratories that assess applicants to the List, monitor the refiners already on it, and…
Gold Price Drivers: Rates, the Dollar, Central Banks, and Physical Demand
A gold price move reaches a treasury desk or an investment committee as an attribution problem: the same weekly change can trace to a real-yield repricing, an official-sector purchase programme, or an ETF liquidation, and each cause carries a different…
The Perth Mint: History, Gold Production, and Bullion Authentication
Close to three-quarters of all the gold newly mined in Australia is refined at a single site near Perth Airport — The Perth Mint, the trading name of Gold Corporation, a statutory body wholly owned by the Government of Western…
Valcambi: Refinery History, Production, and Bar Authentication
A Valcambi bar carries one of the most recognizable marks in the gold market, and that recognition was built rather than inherited. From a single plant in Balerna, in the Ticino canton of Switzerland, Valcambi spent decades turning a bar…