Gold Market News
Gold prices pull back, after hitting a five-week high overnight. Stocks jump, as investors bet Israel-Iran conflict will be contained. Gold last traded at $3,388 an ounce. Silver at $36.32 an ounce.
June 16, 2025
Middle East chaos won’t drive gold prices to $4,000, but this will - Bank of America - Kitco--6.16.25
Gold prices have seen some consolidation recently, but some commodity analysts at Bank of America say it still has a path to $4,000 an ounce. In its latest report, the bank's precious metals team stated that gold retains significant upside potential as investment demand has only just begun to grow. 
Gold price sharply higher following Israeli attacks on Iran - Kitco--6.13.25
Gold prices are solidly higher and hit a five-week high on strong safe-haven demand following the overnight Israeli attacks on Iran. The attack raises fears of a broader Middle East conflict that could severely disrupt global energy supplies.
Gold Passes Euro As Second-Largest Global Reserve Asset: ECB - Zero Hedge--6.13.25
Gold has surpassed the euro as the world's second-largest reserve asset, according to an ECB analysis of year-end 2024 holdings. It is important to note that this may understate the actual gold share, given the secrecy shrouding central bank gold-buying activity.
Gold Attempts to Break Past Its April Record - MSN--6.12.25
Gold looks ready to break out and gold breaking its lull shouldn't surprise many people. The yellow metal has marked 23 record closes since the start of the year as investors snap up the commodity. Other metals such as silver and platinum have also gained momentum this month.
Gold Advances on Fed Rate-Cut Bets and Middle East Tensions - Bloomberg--6.12.25
Gold rose after another soft inflation report bolstered bets that the Fed may need to cut interest rates later this year. Treasury yields and the dollar pushed lower after the prints, lifting bullion by as much as 1.1% before pairing some of the gains.
Gold is now the world’s second-largest reserve asset — but central bank appetite is waning - CNBC--6.11.25
Frantic central bank gold-buying combined with the precious metal's soaring price has solidified its position as the second-largest global reserve asset in 2024. Central banks' gold stockpiles are close to levels last seen in the 1960s.
‘Economic uncertainties and geopolitical tensions’ will drive gold to $3,600/oz by 2026 – Wells Fargo - Kitco--6.10.25
Precious metals will benefit from ongoing geopolitical conflict and persistent economic uncertainty, with gold prices projected to hit fresh all-time highs in 2026. Wells Fargo advisors are expecting the yellow metal to rise as high as $3,600 per ounce by the end of 2026.
Global growth slashed in 70% of economies, but gold, silver, and platinum prices will ‘buck the broader trend, increasing by more than 30 percent in 2025’ – World Bank- Kitco--6.10.25
Heightened trade tensions and policy uncertainty will see global growth fall to its slowest pace since 2008 outside of global recessions. However, according to the latest Global Economic Prospects report from the World Bank, precious metals like gold, silver, and platinum will outperform amidst the slowdown.
Gold Price Outlook – Gold Continues to See Support - FX Empire--6.10.25
The gold market has seen a bit of a pullback recently but has found enough buying pressure underneath to keep things afloat. The market is still very bullish and according to one expert, investors should take advantage and buy on any dips.
