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Sahmino
7:39 PM
yesterday
GoldGlobal

US August Jobs Growth Beats Forecasts; Gold and Bitcoin Fall as Fed Rate Hike Odds Rise

According to Ecoiran and ArzDigital, both citing the US Bureau of Labor Statistics, on Friday, 13 Shahrivar 1405 (September 4, 2026), the US economy added 162,000 jobs in August, beating every estimate in a Bloomberg survey; the unemployment rate held at 4.1 percent, the labor force participation rate rose to 61.6 percent from 61.4 percent, and June and July payrolls were revised up by a combined 55,000. Average hourly wages rose 0.3 percent from the prior month and 3.1 percent from a year earlier, the lowest annual wage growth since 2021. Per ArzDigital, citing the Financial Times, immediately after the data's release the odds of a Federal Reserve interest rate hike at its September 15 to 16 meeting rose from about 50 percent to nearly 60 percent, and the two year US Treasury yield climbed to about 4.41 percent. Global spot gold, which had been trading above 4,472 dollars an ounce before the report, fell more than 100 dollars, while bitcoin dropped more than 2 percent within an hour to below 80,000 dollars; more than 200 million dollars in long crypto positions were liquidated within 15 minutes of the data's release.

Ecoiran

4:14 PM
yesterday
GoldGlobal

Global Gold Steady Ahead of US Jobs Report, on Track for a Weekly Gain

According to Boursenews, global gold prices held steady on Friday, 13 Shahrivar 1405 (September 4, 2026), ahead of the release of the US nonfarm payrolls report, with spot gold at 4,468.27 dollars an ounce; US gold futures fell 0.6 percent to 4,514.60 dollars. Gold had risen about 2 percent on Thursday after Federal Reserve board member Christopher Waller said he would support holding interest rates steady if the recent slowdown in inflationary pressure continues, remarks that led traders to scale back expectations for a September rate increase. According to Reuters, the CME FedWatch tool put the odds of a Federal Reserve rate hike this month at 50 percent. In other precious metals, silver fell 0.5 percent to 66.59 dollars an ounce, palladium fell about 1 percent to 1,408.75 dollars, and platinum fell 1.5 percent to 1,799.44 dollars an ounce.

Boursenews, citing Reuters

8:12 AM
yesterday
GoldGlobal

Gold hits $4,437 as markets await US jobs report

Gold rose more than 1% over the 24 hours to Thursday, September 3, 2026, trading around $4,437 an ounce. According to ArzDigital, the gain came ahead of the US nonfarm payrolls (NFP) report, due Friday, September 4 at 16:00 Tehran time, which could shift market expectations for the Federal Reserve's next rate decision. At the time of the report, traders priced in roughly a 63% chance the Fed would raise rates by 25 basis points at its September meeting, while private payroll data released ahead of the NFP showed August hiring came in weaker than expected. Ilya Spivak, head of macro at Tastylive, called the US jobs report the week's most decisive event for gold, saying a hold above $4,400 could open the way toward $4,500 and then $4,700.

ArzDigital

4:14 PM
1 Sep
GoldGlobal

Bond Yields Surge in US, Japan and UK; Global Gold Falls 1.8 Percent to 4,369 Dollars

Global markets faced a jump in long-term bond yields in the first days of September, driving a wave of selling in global gold and silver. According to Ecoiran, reported Tuesday, 10 Shahrivar 1405 (September 1, 2026), the US 10-year Treasury yield rose 34 basis points to 4.78 percent, its highest level since January 2025. Live data from TradingEconomics at the same hour put the yield at 4.791 percent, consistent with Ecoiran's figure. Japan's 10-year yield reached about 3 percent, its highest in roughly a century, while the UK's 10-year yield climbed to 5.229 percent, its highest since 2008; TradingEconomics reported those yields at 2.996 percent and 5.223 percent respectively. Ecoiran attributed the jump to hawkish remarks from Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium and rising market odds, now above 66 percent, for a September Fed rate hike. In the wake of these moves, the global gold price fell more than 1.8 percent to 4,369 dollars an ounce, its lowest level since August 19. Sahmino's own price data at 3:59pm Tehran time showed spot gold down 1.76 percent at 4,370.32 dollars, consistent with Ecoiran's figure. Silver fell more than 3 percent to 64.5 dollars an ounce. US stock index futures also declined, with S&P 500 futures down about 0.6 percent and Nasdaq futures down more than 1 percent.

Ecoiran

3:48 AM
29 Aug
GoldGlobal

Gold Funds Attracted $4.21 Billion in a Single Week

According to Reuters, investment funds linked to gold and other precious metals attracted 4.21 billion dollars in the week ending Shahrivar 4, 1405 (August 26, 2026), the highest weekly inflow into these funds in six months. The inflow came as gold and silver prices strengthened in recent weeks. World Gold Council data show physically backed gold ETFs also posted about 3 billion dollars in net inflows in July.

Arzdigital

11:41 PM
28 Aug
GoldGlobal

Gold Drops 3 Percent as Fed Chair Warsh Strikes Hawkish Tone at Jackson Hole

Global gold fell to 4,458.89 dollars an ounce on Friday, August 28, 2026 (6 Shahrivar 1405), down 3.08 percent from the previous day and its lowest level in a week. Silver dropped roughly 4 percent over the same span. According to Trading Economics, the decline followed a speech by Federal Reserve Chair Kevin Warsh at the annual Jackson Hole symposium. In his first major address since taking the post in May 2026, Warsh warned that inflation is not meaningfully slowing and that the central bank still has work to do, though he said financial conditions are not currently restrictive. Markets responded by raising the probability of a September rate hike to near 50 percent. Gold has risen 9.66 percent over the past month and 29.27 percent over the past year, with its all time high of 5,608.35 dollars recorded in January 2026. Given the direct link between Iran's domestic gold and coin market and the global ounce price, the drop could weigh on Tehran's gold and coin prices when trading resumes next week.

Trading Economics

7:46 AM
28 Aug
GoldGlobal

Gold at a Three Month High and the Dollar Near a Multi Month Low as Analysts Point to a "Debasement Trade"

According to Ecoiran, published Friday, August 28, 2026 (6 Shahrivar 1405), gold has climbed to its highest level in more than three months in recent days, the US dollar has fallen near a multi month low, and bitcoin has risen to around $77,000. The report traces the pattern to the US bond market: long term Treasury yields have stayed elevated, and an expansion of long term bond buybacks by the US Treasury signaled to markets that Washington has grown sensitive to persistently high rates. The pattern is known as a "debasement trade," in which capital moves out of dollar linked assets and into gold, commodities and bitcoin. Per Kitco News, spot gold held in the $4,590 to $4,600 range in Thursday, August 27, 2026 (5 Shahrivar 1405) trading, up roughly 15 percent for the month of August. UBS analysts pointed to a "de dollarization" trade as the main driver and set a price target of $5,400 by next summer, though other analysts, including Forex.com's Fawad Razaqzada, warned the market looks somewhat overbought.

Ecoiran

7:44 AM
24 Aug
GoldGlobal

Global Gold Reaches Its Highest Level Since Mid May

Global gold extended last week's rally in early trading on Monday, 24 August 2026 (2 Shahrivar 1405), reaching its highest level since mid May. Kitco, updated at 00:08 New York time the same day, showed a rate of 4,632.20 dollars an ounce. Trading Economics, in a live reading on 24 August, recorded the ounce at 4,641.17 dollars, up 0.73 percent, and Sahmino's own price board showed 4,634.72 dollars, up 0.59 percent, at 07:38 Tehran time. The main driver cited is market concern over US fiscal sustainability after an unexpected expansion of the Treasury's long dated bond buyback programme, which has pushed yields and the dollar lower. The dollar index stood at 98.854 in the Trading Economics live reading, roughly unchanged on the day but down 2.64 percent over the month. Markets are now waiting on US personal consumption expenditures inflation data and Federal Reserve Chair Kevin Warsh's Jackson Hole address. Neither had been released or delivered at the time of publication. The global ounce is the main reference for pricing gold and coins in the Tehran market.

Kitco

3:44 PM
22 Aug
GoldGlobal

Ray Dalio, After US Debt Tops $40 Trillion: Buy Gold and a Little Bitcoin

According to Arzdigital, Ray Dalio, founder of Bridgewater Associates, again stressed the importance of holding gold and bitcoin in an investment portfolio in a post on X after US federal debt passed the $40 trillion mark. He wrote: "I suggest you diversify your assets across asset classes and countries with strong financial statements and balance sheets that are not embroiled in internal political conflicts and external geopolitical conflicts, reduce the weightings of debt assets like bonds, and increase the weightings of gold and some bitcoin." Per Arzdigital, citing US Treasury Department data, total federal debt has risen by about $2.4 trillion in less than eight months. Dalio said allocating 10 to 15 percent of a portfolio to gold is necessary to manage risk during periods of fiscal strain, and while he said he still prefers gold for its long history and high liquidity among central banks, he also described bitcoin as an asset that operates outside conventional debt markets and as a hedge against monetary expansion and heavy government borrowing.

Arzdigital

3:44 PM
20 Aug
GoldGlobal

Global Gold Retreats 0.6 Percent on Profit Taking as US Debt Tops 40 Trillion Dollars for First Time

The spot price of global gold fell 0.6 percent on Thursday, August 20, 2026 (29 Mordad 1405), to 4,495.69 dollars an ounce, after earlier touching 4,525.79 dollars, its highest level since June 2. According to Boursenews, the pullback followed gold's more than four percent jump on Wednesday, as investors booked profits; US gold futures rose 0.2 percent to 4,553.30 dollars in the same session. Ilya Spivak, head of global macro at tastylive, said that after such a large jump, markets need to digest and consolidate the move, and that if prices hold above the 4,400 to 4,500 dollar range, gold's uptrend will likely continue. At the same time, total outstanding US government debt topped 40 trillion dollars for the first time. Edward Meir, an analyst at Marex, said growing concern over US fiscal stability and debt was a positive factor for gold prices. Citing Reuters and the CME FedWatch tool, traders now see a 67 percent probability the Federal Reserve holds rates steady next month against a 33 percent chance of a hike. Among other precious metals, silver rose 0.2 percent to 67.07 dollars, platinum fell 1.3 percent to 1,802.29 dollars, and palladium fell 0.2 percent to 1,328.06 dollars.

Boursenews, citing Reuters

7:46 AM
20 Aug
GoldGlobal

Global Gold Breaches $4,500 for the First Time in Two Months

The global gold price hit its highest level since early June early on Thursday, 29 Mordad 1405 (August 20, 2026), breaking out of a summer lull. According to Arzdigital, gold traded around 4,475 dollars that morning, more than 130 dollars above the prior day's dip, and went on to touch about 4,507 dollars. Analysts attributed the jump to the US Treasury's liquidity support announcement and a simultaneous weakening of the dollar. Data from Alanchand.com, updated shortly after, showed global gold trading around 4,499.97 dollars. Sahmino's own data recorded the global gold ounce rate at 07:29 Thursday at 4,499.88 dollars, down 0.45% from the prior day, indicating the metal eased slightly after its brief move above the 4,500 dollar level.

Arzdigital

11:44 PM
19 Aug
GoldGlobal

Gold Jumps Nearly 3 Percent Ahead of Fed Minutes Release

Global precious metals markets rallied sharply on Wednesday, August 19, 2026 (28 Mordad 1405). According to Arzdigital, gold rose about 3 percent to near $4,490 an ounce ahead of the release of the Federal Reserve's July meeting minutes, while silver jumped 4 percent to $65.60. The gold to silver ratio fell from 68.5 to 67.9. CME FedWatch data showed the odds of a Fed rate hike, previously at 82 percent, falling to 30 percent following weaker than expected mid August consumer inflation data, while the real yield on 10 year US Treasuries fell to 2.41 percent, reducing the opportunity cost of holding gold. According to Trading Economics, gold's rally continued through Wednesday evening Tehran time, reaching $4,511 an ounce, up 4.06 percent on the day and its highest level since early June. Analysts point to Fed Chair Kevin Warsh's speech at the Jackson Hole symposium on August 28 and the US August jobs report on September 4 as the next catalysts for the rate path.

Arzdigital

11:42 PM
18 Aug
GoldGlobal

Gold and Silver Retreat Globally as the Dollar Strengthens and Oil Extends Gains

Global markets moved in the opposite direction from the previous day on Tuesday, August 18, 2026 (27 Mordad 1405): investors turned risk averse, the dollar index strengthened, and oil prices extended their climb, while gold, silver and industrial metals fell. According to Ecoiran, the global gold price moved away from the 4,400 dollar mark, silver lost the 65 dollar level, and copper retreated more than one percent from its record high. Live data from Iran's tgju.org gold and currency information network showed, as of 23:35 Tehran time that evening, global gold trading around 4,355 dollars an ounce (down about 1.4 percent) and Brent crude around 91 dollars a barrel. Sahmino's own price data at the same time showed gold down 1.62 percent at 4,345 dollars an ounce and silver down 3.52 percent at 63.5 dollars. Domestically, the trend was the opposite: according to Ecoiran, the free market dollar rose to about 188,000 tomans and the Emami gold coin price crossed above 191 million tomans. Tehran's stock market gave back part of the previous day's gains and recorded net capital outflows.

Ecoiran

3:47 PM
18 Aug
GoldGlobal

Global Gold Retreats as Oil Prices Rise Amid Escalating Regional Tensions

According to Boursenews, published on Tuesday, 18 August 2026 (27 Mordad 1405) at 14:48 local time, global spot gold fell 0.5 percent to about 4,450 dollars an ounce as regional tensions escalated and oil prices rose. Per Sahmino's own recorded data, the decline continued, with the ounce reaching 4,395.16 dollars by 15:29 local time, while the same Boursenews report put Brent crude at 91.54 dollars a barrel. Separately, Trading Economics reported earlier the same morning that global gold had fallen 0.4 percent to about 4,399 dollars an ounce. Market analysts attribute the rise in oil prices to persistent geopolitical risk around the Strait of Hormuz, which in recent days has involved the halting of several tankers and a reported maritime incident.

Boursenews

11:44 PM
17 Aug
GoldGlobal

Global gold hits session high Monday evening as the US dollar weakens

Global gold (XAU/USD) reached $4,427 an ounce on the evening of Monday, August 17, 2026, up about $51.5 (1.2%) from the previous day's close, with an intraday high of $4,427.66. The figures were reported by tgju.org and are consistent with Sahmino's own feed, which showed $4,418 in the same window. Silver also gained in tandem, rising close to 2% to around $65.9 an ounce over the same period. In the domestic market, one gram of 18 karat gold reached about 19,229,200 rial (roughly 19 million 229 thousand toman) today, up about 190,000 toman from the previous day. The rise coincided with a relatively weaker US dollar and rising tensions over the Strait of Hormuz.

tgju.org

11:46 AM
17 Aug
GoldGlobal

Global Gold Rises to $4,395 as Dollar Weakens; Fed Rate Hike Odds Fall to 30%

According to Bourse News, citing Tasnim News Agency and Reuters, gold prices edged higher on Monday, 26 Mordad 1405 (August 17, 2026), as the dollar weakened and recent economic data reduced expectations for a US interest rate hike next month. Spot gold rose about 0.4 percent to 4,395 dollars an ounce, after hitting its highest level in more than two months last week. US gold futures for December delivery rose 0.3 percent to 4,448.10 dollars, while the US dollar index fell 0.1 percent. Per the CME Group's FedWatch tool, traders now put the probability of a Fed rate hike at the September meeting at 30 percent, down from 47 percent a month earlier; markets are also awaiting the release of the Fed's July meeting minutes on Wednesday. Among other metals, spot silver rose 1.4 percent to 65.53 dollars, platinum gained 0.3 percent to 1,752.36 dollars, and palladium rose 1.6 percent to 1,333.35 dollars.

Boursenews, citing Tasnim and Reuters

11:49 AM
15 Aug
GoldGlobal

Global Gold Nears $4,376 as Fed September Rate-Hike Odds Fall to 33%

According to Bourse News, the global gold ounce rose about 1 percent to $4,376 in recent trading and was on track for a roughly 0.9 percent weekly gain. US gold futures also closed up 0.4 percent at $4,437.3. Jim Wyckoff, a market analyst at the American Gold Exchange, attributed part of the rise to a 0.3 percent drop in the US dollar index. The report said the CME Group's FedWatch tool showed markets now price a 33 percent probability of a Federal Reserve rate hike at the September meeting, down from 55 percent a week earlier. Arzdigital, citing Reuters in a separate report, said spot gold resumed its upward trend after a brief bout of profit-taking and steadied near $4,353, while December-delivery gold on Comex rose 0.3 percent to $4,435 an ounce.

Bourse News

8:02 PM
14 Aug
GoldGlobal

Citigroup Keeps $5,000 Gold Target but Waits for a Pullback to Buy

Citigroup said Friday, August 14, 2026 (23 Mordad 1405), according to Arzdigital, that the outlook for the gold market is improving, but after the recent rapid rally a short term correction is likely, and the bank will wait for the market to stabilize before adding to its buy position. The bank said falling short term US Treasury yields, rising inflows into gold ETFs since mid July, particularly in China, and stronger global demand could keep supporting gold's uptrend. Gold has climbed toward a two month high in recent weeks as expectations for further Federal Reserve rate hikes have eased. Citi said the price is now near its three month target of around $4,500 an ounce and continues to see a path to $5,000 within 6 to 12 months, but added that gold's path from here still depends on US economic data and the Fed's coming interest rate decisions.

Arzdigital, citing سیتی‌بانک

10:10 AM
13 Aug
GoldGlobal

LBMA Mid-Year Survey Sees 2026 Average Gold Price Near $4,604

The London Bullion Market Association (LBMA) forecast in a mid-year survey of 16 professional analysts, conducted Tuesday, August 11, 2026 (20 Mordad 1405), that spot gold will average close to $4,604 an ounce in 2026. According to Kitco News, which published the results on Sunday, August 9 (17 Mordad), the figure comes even though gold repeatedly traded below $4,000 an ounce in July, and is about 12 percent above the metal's actual average for the first seven months of the year ($4,595.75). The highest year-end forecast among respondents was $5,100 and the lowest was $3,879. Of the 16 analysts surveyed, five cited Iran as their primary concern for the gold market, one focused on continued central bank buying, and the rest pointed to the Federal Reserve's policy path and US inflation data. In January 2026 (Bahman 1404), before the outbreak of the Iran-Israel war, the LBMA had projected a full-year 2026 average gold price of $4,741.97, a figure that has since been revised down toward the new mid-year survey's lower estimate as seven months of the year have played out.

Kitco News

7:10 PM
12 Aug
GoldGlobal

US Inflation Eases to 3.4 Percent in July, Global Gold Jumps Above $4,424

According to official US Bureau of Labor Statistics data published by Trading Economics on Wednesday, August 12, 2026 (21 Mordad 1405), the US annual inflation rate eased for a second straight month to 3.4 percent in July, down from 3.5 percent in June. Core inflation also cooled, to 2.5 percent. The monthly Consumer Price Index rose 0.1 percent, driven mainly by a 0.1 percent rise in shelter costs, while gasoline prices fell 2.9 percent. The cooler inflation reading strengthened bets that the Federal Reserve will hold off on further rate hikes and lifted global gold. According to Sahmino's own price tracking, spot gold rose 1.24 percent to $4,424.35 an ounce around 7pm Tehran time, up from about $4,399 earlier the same day. Silver, platinum and palladium each gained more than 1.5 percent. On Wall Street, the S&P 500 rose 0.18 percent to 7,742 points, nearing its record high, while the Nasdaq gained almost 1 percent on strong AI sector earnings.

Trading Economics, citing US Bureau of Labor Statistics

4:02 PM
12 Aug
GoldGlobal

Global Gold Holds Near $4,400 as China's Central Bank Buys for a 21st Straight Month

According to Bourse News, citing Investing.com, spot gold rose 0.7 percent to $4,398.92 an ounce on Wednesday, August 12, 2026 (21 Mordad 1405), while US gold futures gained 0.4 percent to $4,458.62, a move that came alongside rising global oil prices. Tgju.org's own feed put the ounce price near $4,411 the same day. Investors are now awaiting the US consumer price index report due the same day, followed by producer prices on Thursday, both of which could shape the Federal Reserve's rate path. China's central bank added to its gold reserves for a 21st consecutive month in July, buying about 640,000 troy ounces to bring its total holdings to 76.08 million ounces. Tony Sycamore, a market analyst at IG, said gold's recent pullback from around $4,435 reflects profit-taking ahead of the inflation data. He said gold now faces resistance near $4,460, reinforced by the 200-day moving average around $4,495, and would need to clear both levels to open a sustained path toward $5,000.

Bourse News, citing اینوستینگ

1:01 AM
12 Aug
GoldGlobal

Global Gold, Silver and Oil Rise Together as Bitcoin Bucks the Trend, Falling Below $64,000

According to a report by Ecoiran published on the evening of Tuesday, August 11, 2026 (20 Mordad 1405), global financial markets closed higher on the day, though the crypto market came under selling pressure. The global gold price surged from the previous night and climbed to around $4,420 an ounce but failed to hold above $4,400. Silver moved in tandem with gold, rising above $64. Brent crude rose to around $90 a barrel on the day's political headlines before easing back to $88. Bitcoin, by contrast, broke from the broader market trend and fell below $64,000. According to Sahmino's own price feed, spot gold (XAUUSD) stood at $4,368.6 at 23:48 Tuesday night Tehran time, down 0.46 percent from the previous day.

Ecoiran

4:03 PM
11 Aug
GoldGlobal

UBS: Gold Could Reach $5,000 an Ounce by First Half of 2027

According to Ecoiran, Swiss bank UBS said in its latest estimate, published by Tuesday, August 11, 2026 (20 Mordad 1405), that the global gold price could reach $5,000 an ounce in the first half of 2027. Sahmino's own price data showed global spot gold at $4,394.64 an ounce as of 3:48pm local time that day. UBS has repeatedly raised its gold price estimates in recent months, though not all of its forecasts have materialized. Iran's 18 karat gold price depends on both the global ounce price and the toman exchange rate; if the global price rises from its current level to $5,000 while the dollar rate holds steady, the base value of domestic gold could rise about 16 percent, though a simultaneous rise or fall in the dollar rate could amplify or offset that effect.

Ecoiran

6:03 AM
10 Aug
GoldGlobal

Global gold holds above $4,300 as weak US jobs data cuts Fed rate-hike odds

According to Kitco News, the US Bureau of Labor Statistics said on Friday, August 7, 2026 (16 Mordad 1405), that the US economy unexpectedly lost 23,000 jobs in July, well short of forecasts for a roughly 85,000 gain. June's figure was revised down to 20,000 from 57,000, and May's to 63,000 from 129,000, though the unemployment rate unexpectedly fell to 4.1 percent from 4.2 percent. Global spot gold jumped about 3 percent immediately after the report, trading between $4,363 and $4,368 an ounce. According to Trading Economics data, gold traded at $4,325.53 an ounce on Monday, August 10 (19 Mordad), down a slight 0.41 percent from the previous day, still above the $4,300 mark and equal to a gain of more than 7 percent for the week. Sahmino's own gold price feed recorded a similar move, at $4,324.65, as of 05:48 Tehran time on Monday. Per the CME FedWatch tool, odds of a quarter-point Federal Reserve rate hike in September jumped to around 50 percent right after the jobs report, and by Monday had eased further to about 44 percent, according to Trading Economics. Gold held its weekly gain even as oil prices climbed on continued uncertainty over reopening the Strait of Hormuz. Given the large weight of gold and coins in Iranian households' asset holdings, swings in US interest rates and the dollar directly affect domestic gold and coin prices as well.

Kitco News

8:02 PM
8 Aug
GoldGlobal

Global Gold Posts Biggest Weekly Gain in Seven Months on Weak US Jobs Data

Global spot gold rose 2.3 percent to $4,336.02 an ounce in Friday, August 7, 2026 trading, Bourse News reported citing Reuters, while US gold futures gained the same 2.3 percent to settle at $4,399.70; both hit their highest levels since early June and posted weekly gains of more than 7 percent. The rally followed a US Bureau of Labor Statistics report showing nonfarm payrolls fell by 23,000 in July, with June's figure revised down to a decline of 20,000, far below economists' Reuters poll forecast of 80,000 job growth. David Meger, director of metals trading at High Ridge Futures, said the weaker than expected jobs data reduces the odds of a Federal Reserve rate hike. According to LSEG data, the probability the Fed holds rates steady at its September meeting rose to 56.1 percent from 43.2 percent before the report. UBS forecast gold would reach $5,000 an ounce in the first half of 2027. Silver rose 3 percent to $63.29 an ounce, platinum gained 1.1 percent to $1,747.60, and palladium rose 0.8 percent to $1,381.61, with all three metals posting weekly gains.

Bourse News, citing Reuters

6:04 PM
7 Aug
GoldGlobal

Unexpected US Job Losses in July Push Gold Above $4,350, Dollar to Two Month Low

A US Labor Department report released Friday, August 7, 2026, showed the economy lost 23,000 jobs in July, well short of the roughly 83,000 gain economists had expected, according to CNBC. June's job count was revised down to 20,000 and May's to 63,000. The unemployment rate unexpectedly fell to 4.1 percent from 4.2 percent, though largely because the labor force participation rate dropped to 61.4 percent, its lowest level in more than five years. Following the data, global gold prices jumped about 2.7 percent to above $4,350 an ounce on Friday, a two month high according to Trading Economics, while the US Dollar Index (DXY) fell 0.5 percent to 99.4, near a two month low. CNBC reported that, per the CME Group's FedWatch tool, the odds of a Federal Reserve rate increase at the September meeting fell to 44 percent and to 58.3 percent for October.

CNBC

12:01 PM
7 Aug
GoldGlobal

Gold climbs toward $4,300 an ounce as markets await US jobs report

Gold prices rose on Friday, 16 Mordad 1405 (7 August 2026). According to Khabaronline, citing Reuters, spot gold gained 0.6 percent to reach 4,262 dollars and 39 cents an ounce, while US gold futures rose 0.5 percent to 4,321 dollars and 50 cents; the metal had already touched a seven week high on Thursday. Trading Economics separately put the gold price at around 4,297 dollars on Friday, up 1.35 percent, and Sahmino's own price feed showed the ounce at 4,286 dollars, up about 1 percent, as of 11:27 Tehran time; the gap between the readings reflects the different moments each source captured during the trading day. Matt Simpson, senior analyst at StoneX, said hopes for calm in West Asia have eased inflation expectations and allowed gold to rise again after weeks of consolidation above 4,000 dollars. According to Reuters, the CME FedWatch tool put the odds of a US rate hike at the September meeting at 55 percent, down from 63 percent a week earlier. Trading Economics, citing the Financial Times, also reported that Fed Chair Kevin Warsh would be open to raising rates in September if inflation readings stay elevated in the coming weeks; that report has not yet been confirmed by a second source. Among other precious metals, silver rose 1.3 percent to 62 dollars and 27 cents, and platinum gained 0.5 percent to 1,737 dollars.

Khabar Online, citing Reuters

4:12 PM
6 Aug
GoldGlobal

Global gold rises for fourth day to seven-week high near $4,265 an ounce

According to Reuters, published by Boursenews on Thursday, August 6, 2026 (15 Mordad 1405), spot gold rose 0.5 percent to $4,265.22 an ounce, its fourth straight day of gains and its highest level in seven weeks. US gold futures rose a similar amount to $4,324.60. The report attributed the rally mainly to a weaker US dollar index and falling Treasury yields amid optimism over reopening the Strait of Hormuz, which has eased pressure on oil prices and reduced the case for further Fed rate hikes; market-implied odds of a September rate hike fell to 55 percent from 67 percent. Tony Sycamore, a market analyst at IG, said a sustained break above the 200-day moving average could open the way to a stronger run toward $5,000. Among other precious metals, spot silver fell 0.1 percent to $62.02, platinum rose 1.2 percent to $1,755.18, and palladium rose 0.8 percent to $1,374.33. According to Sahmino's own data, domestic 18-karat gold also rose 0.33 percent to 186,220,000 rials as of 3:26 p.m. Tehran time on Thursday.

Bourse News, citing Reuters

7:59 PM
5 Aug
GoldGlobal

Gold jumps almost 4% to around $4,240 an ounce, its highest since 18 June

Global gold posted one of its largest single day gains in months on Wednesday 5 August 2026. Kitco data at 12:26 New York time put the bid for an ounce at $4,239.70, with a session range running from $4,064.80 to $4,266.10. Trading Economics recorded the same day at $4,233.70, up 3.82%, and described it as the highest level since 18 June 2026. Futures confirmed the same direction. CNBC data showed the COMEX December gold contract trading at $4,293.30 on Wednesday afternoon, up 3.39%, after a session high of $4,325.50, against the previous close of $4,152.60. Silver moved even more sharply, bid at $61.92 an ounce on Kitco at the same time, with Trading Economics putting its daily gain at 4.04%. Trading Economics attributed the move to easing geopolitical tensions and softer US labour market data: the ADP private sector employment report showed just 44,000 jobs added in July, the weakest reading since January and below forecasts of 70,000. Global gold is the main external anchor for domestic gold and coin prices in Iran.

Kitco

10:05 AM
5 Aug
GoldGlobal

Global gold posts a third straight day of gains, with the ounce reaching $4,173

Global gold prices extended their rally on Wednesday, 5 August 2026 (14 Mordad 1405), posting a third consecutive daily gain. According to live data as of 09:56 Tehran time, the gold ounce rose $94.15, or 2.31 percent, to $4,173.53, with the session low recorded at $4,067.24. Silver also gained 3.24 percent to $61.51 an ounce. A weaker dollar and falling oil prices have created a supportive backdrop for gold trading. Over the same window the dollar index was down 0.15 percent at 99.78, while Brent crude traded 0.60 percent lower at $78.91. Investors are simultaneously tracking reports on negotiations to reopen the Strait of Hormuz. Easing inflation concerns along that path could lower the likelihood of a near term Federal Reserve interest rate increase.

Eghtesad Online

6:01 AM
5 Aug
GoldGlobal

Deutsche Bank puts gold's fair value at about $4,700 an ounce by the end of 2026

Deutsche Bank analysts, in a note carried by CNBC and reported by Iran's IRNA news agency on Wednesday, 5 August 2026 (14 Mordad 1405), estimated gold's fair value will reach about $4,700 an ounce by the end of this calendar year and hold around $4,600 in the fourth quarter. That is more optimistic than the bank's previous forecast, published on 23 June 2026 at the height of inflation concerns. According to the note, the past six months have been difficult for the metal, and gold now sits well below its record high of $5,589.38 an ounce set on 29 January 2026. Even so, the price has doubled since August 2024, and the bank's analysts described the trend of the past two years as explosive. Spot gold stood at $4,061.82 an ounce at the time of writing, with December futures at about $4,119.9. In the same note Deutsche Bank referred to a December 2025 warning from the Bank for International Settlements, which found that the gold market had entered bubble like territory and could face a significant correction. The bank's analysts had earlier cautioned that if the Federal Reserve raises interest rates three or four more times, gold could fall to $3,800 an ounce, because the prospect of higher rates makes yielding assets such as bonds more attractive than gold, which pays no periodic return. These figures are one bank's analytical estimate and not a settled market forecast.

Eghtesad Online, citing IRNA and CNBC

8:02 PM
2 Aug
GoldGlobal

Gold investment demand fell in the second quarter while central bank buying reached 289 tonnes

According to a report published on Sunday, 2 August 2026, spot gold traded at about 4,077 dollars an ounce on 30 July. Weaker investment and jewellery demand, together with higher mine output, has capped the pace of price gains. World Gold Council data show demand for gold bars and coins fell to 307 tonnes in the second quarter, after exceeding 400 tonnes in each of the two preceding quarters. Investment demand excluding over the counter trades fell to 262 tonnes from 487 tonnes a year earlier, driven mainly by outflows from exchange traded funds. Central bank buying, by contrast, reached 289 tonnes in the second quarter, equal to an annualised rate of about 700 tonnes. Mine production rose to 966 tonnes in the quarter from 948 tonnes a year earlier, while recycled supply fell to 326 tonnes from 374 tonnes in the first quarter. On the outlook, analysts at the Swiss bank UBS forecast gold reaching 4,400 dollars by September and 4,600 dollars by December, then 5,000 dollars in March 2027 and 5,200 dollars by June of that year. The analysis warns that with the Federal Reserve holding rates steady at last week's meeting, the short term risk is skewed towards a pullback to around 3,850 dollars. These figures are a forecast, not recorded market outcomes.

Eghtesad Online

8:05 AM
2 Aug
GoldGlobal

Gold fell on Friday as the dollar rebounded, but closed July with its first monthly gain in five months

Global gold prices fell in trading on Friday, 31 July 2026 (9 Mordad 1405), after the dollar rebounded from a more than one month low. According to Reuters, as published by Bourse News, spot gold was down 1.3 percent later in Friday's session at $4,049.83 an ounce, and US futures for August delivery closed down by the same margin at $4,107. In a separate reading from the end of the same day, Trading Economics recorded the ounce at $4,042.97, down 1.47 percent. Despite Friday's fall, July was gold's first rising month in five and its first monthly gain since February. Estimates of the size of that gain differ by source and instrument: Reuters put it at 1.1 percent and Trading Economics at about 0.3 percent. The main driver cited was softer US inflation data, which tempered expectations of a Federal Reserve rate increase. The dollar index had recorded its biggest single day drop since January 2023 on Thursday, 30 July, falling 2.4 percent, and recovered part of that on Friday. A stronger dollar makes gold more expensive for buyers holding other currencies. According to CME Group's FedWatch tool, markets are pricing a 63 to 65 percent probability of a US rate increase at the September meeting. Among other precious metals, silver fell 2.1 percent to $57.76, while platinum and palladium closed the month higher despite Friday's declines. The gold ounce is the main reference for pricing gold and coins in the Tehran market.

Bourse News, citing Reuters

7:39 PM
1 Aug
GoldGlobal

Global gold records its first monthly gain in five months with spot at $4,076.53 an ounce

On Friday 31 July 2026, spot gold fell 0.5 percent to $4,076.53 an ounce but was headed for a weekly rise of 0.7 percent and a monthly gain of about 1.8 percent, its first monthly increase in five months. US gold futures for August delivery lost 0.5 percent to $4,079.60. Bargain buying around the $4,000 level was the main support behind the monthly gain. The US dollar index firmed about 0.3 percent the same day, after diving 2.4 percent on Thursday 30 July 2026, its biggest single day drop since January 2023. A stronger dollar makes dollar denominated commodities more expensive for overseas buyers. The Federal Reserve left interest rates unchanged at its meeting on Wednesday 29 July 2026, and Chair Kevin Warsh gave little indication of the central bank's next policy move. According to CME Group's FedWatch tool, markets are pricing in a 63 percent chance of a rate hike in September. Spot silver also fell 0.5 percent the same day, to $58.70 an ounce.

Reuters (منتشرشده در Shafaq News)

6:37 PM
1 Aug
GoldGlobal

World Gold Council: central banks bought just 57 tonnes in the first quarter of 2026, 187 tonnes below the initial estimate

The latest World Gold Council report, reported on Saturday, 1 August 2026 (10 Mordad 1405), shows central banks bought just 57 tonnes of gold in the first quarter of 2026, some 187 tonnes less than initial estimates. That is the weakest start to a year for official-sector buying in more than a decade, and after the revision the full-year pace is likely to fall below the 2025 level. Central bank demand recovered between April and June 2026 to a net 289 tonnes, a record for a second quarter. Poland led the buyers with 51 tonnes in the period, taking its first-half total to 82 tonnes, while China bought 33 tonnes. A large share of these purchases is never formally announced by the monetary authorities themselves; the consultancy Metals Focus estimates them for the Council using a mix of public data, trade statistics and field research. Spot gold has been supported around the 4,000 dollar an ounce area since late June 2026. Central banks have been the main engine of gold's multi-year rally, and a slowdown in their buying is one of the variables that feeds through to Iran's domestic gold and coin market.

Donya-e-Eqtesad

10:38 PM
31 Jul
GoldGlobal

Gold fell about 1% on the last day of July but still ended the month higher than a month earlier

Gold stood at $4,038 an ounce at 9 a.m. Eastern Time on Friday, 31 July 2026, $44 below the same hour a day earlier, when it was $4,082, a decline of 1.08%. The stated cause of the retreat was a rebound in the dollar from a more than one month low. Despite the fall on the final session, gold ended July above where it began: the price a month earlier was $4,015, giving a gain of 0.57% over the month. According to Trading Economics data, that is gold's first monthly increase since February 2026. Against a year earlier, gold is $729, or 22.03%, more expensive; the metal stood at $3,309 on 31 July 2025. Expectations of tighter monetary policy have capped gold's advance. According to Trading Economics, markets are pricing in roughly a 65% chance of a Federal Reserve rate increase at the September meeting, and the three officials who dissented from this week's decision reiterated on Friday that further tightening is needed. Iran's domestic gold and coin market is closed on Thursdays and Fridays, so the effect of this move will show up in Tehran on the first working day of next week.

Fortune

12:42 PM
31 Jul
GoldGlobal

Gold holds below $4,100 as a two-session rally breaks, but July is its first up month in five

Gold held below $4,100 an ounce on Friday 31 July 2026, surrendering the gains of the preceding two sessions. Readings quoted at different points during the day ranged between roughly $4,060 and $4,090, while the session high was recorded at about $4,111. Despite the pullback, gold ends July with a gain of about 1.8%, its first monthly advance in five months. Support this month has been attributed to central bank buying, demand around the $4,000 level, and rising geopolitical risk in the closing days of July. Friday's decline also spread to the other precious metals. The limiting factor is monetary policy expectations: the Federal Reserve left its policy rate unchanged at this week's meeting, but markets are now pricing in roughly a 63% probability of a rate hike at the September meeting, and that expectation is capping gold's upside. Iran's domestic gold and coin market is closed on Friday and is holding Thursday 30 July quotes, so these global moves will be reflected in the Tehran market on Saturday.

FX Leaders

9:39 AM
31 Jul
GoldGlobal

World Gold Council: Q2 2026 Gold Demand Held Flat at 1,269 Tonnes as Central Bank Buying Jumped to 289 Tonnes

The World Gold Council published its Gold Demand Trends report for the second quarter of 2026 on Thursday, 30 July 2026. It showed that total gold demand including over-the-counter trading was unchanged year on year at 1,269 tonnes in the second quarter. First-half demand reached 2,522 tonnes, up 2% on a year earlier, with a record value of US$380 billion. The sharpest change came from central banks, whose net purchases rose to 289 tonnes in the second quarter, against just 56.5 tonnes in the first quarter, a sharp return to the elevated levels typical of the past four years. Gold ETFs, by contrast, saw outflows of 45 tonnes, a response to weaker gold prices and upward adjustments to inflation and interest rate expectations, particularly in North America. Bar and coin investment held broadly steady at 307 tonnes. Jewellery consumption fell to 278 tonnes, its lowest quarterly volume since the pandemic, although spending on gold jewellery rose 14% year on year to US$40 billion. The LBMA (PM) gold price averaged US$4,506.29 an ounce in the second quarter, 8% below the first-quarter record but 37% above the Q2 2025 average.

World Gold Council

8:37 AM
30 Jul
GoldGlobal

Gold gives back its post-Fed gain, slipping to around $4,047

Spot gold gave back most of its post-Fed gain on the morning of Thursday 30 July 2026 (8 Mordad 1405). At 08:35 Tehran time gold was trading at $4,047.71, while Trading Economics recorded $4,043.42 the same day, down 0.56 percent. The session high was $4,099.66, leaving the ounce roughly $52 below the day's peak. Silver followed the same path, down 0.9 percent at $57.09 against a same-day high of $58.63. Platinum fell 0.25 percent to $1,598.30 and palladium stood at $1,241.52. The Federal Reserve held its policy rate in the 3.5 to 3.75 percent range on Wednesday 29 July, its fifth consecutive hold, and precious metals jumped immediately afterwards. Thursday's retreat shows the market correcting that initial reaction. For the Iranian market this ounce price is the base for calculating the intrinsic value of coins and melted gold.

Trading Economics

1:44 AM
30 Jul
GoldGlobal

Gold climbs above $4,084 after the Fed holds rates steady

The global gold market reversed course after the US Federal Reserve announced its interest rate decision on Wednesday, 29 July 2026. Spot gold, which had been trading at around $4,000 an ounce before the announcement, climbed to a high above $4,084 and then eased back toward $4,076. The Fed held its policy rate in the 3.5 to 3.75 percent range for a fifth consecutive meeting. The decision passed by a 9 to 3 vote, with the three dissenters, Beth Hammack, Neel Kashkari and Lorie Logan, voting in favour of a rate increase. The global ounce is the main external anchor for gold and coin pricing in Iran's domestic market. The reversal came late on Wednesday, 29 July, after several days of trading near the lowest levels since November 2025.

Yahoo Finance

7:42 PM
29 Jul
GoldGlobal

Spot gold holds between $4,010 and $4,025 on Wednesday, near its lowest level since November 2025

Spot gold was little changed on Wednesday, 29 July 2026 (7 Mordad 1405), trading in a narrow range ahead of the Federal Reserve's interest rate decision. CNBC reported the spot price at $4,023.91 an ounce as of 9:00 a.m. US Eastern time; Trading Economics data the same day showed $4,009, down 0.47% from the previous session. That level is near gold's lowest since November 2025. The Federal Reserve announces its rate decision on Wednesday, 29 July at 2:00 p.m. US Eastern time. The prevailing analyst expectation is a hold in the 3.5% to 3.75% range for a fifth consecutive meeting, though the market assigns a significant probability to an increase at the September meeting. Gold is roughly flat over the past month and about 22% higher than the same period a year earlier. The world gold price is one of the two main drivers of domestic gold and coin prices in Iran; the other is the exchange rate.

CNBC

5:44 AM
29 Jul
GoldGlobal

Gold stays under pressure from a firm dollar before the Fed decision, trading near 4,025 dollars in Wednesday's Asian hours

Spot gold moved lower on Tuesday, 28 July 2026 (6 Mordad 1405), as the US dollar index held close to its highest level in nearly a month and investors stayed cautious ahead of the Federal Reserve's interest rate decision. Spot gold was reported at around 4,042 dollars an ounce during that session, a fall of roughly 32.6 dollars, or 0.80 percent, on the day. As of 5:29 a.m. Tehran time on Wednesday, 7 Mordad (29 July), the ounce was trading around 4,024.74 dollars, close to unchanged from the previous day, down 0.07 percent. The mechanism is straightforward: a stronger dollar makes gold more expensive for holders of other currencies, and expectations of higher interest rates raise the opportunity cost of holding a non yielding asset such as gold. The Federal Open Market Committee's decision is due on Wednesday evening Tehran time. For Iran's market, the global ounce is one of the two pillars of domestic gold and coin pricing; the other is the exchange rate, which is why domestic gold prices sometimes move against the direction of the global ounce.

Yahoo Finance

10:37 AM
28 Jul
GoldGlobal

Gold slips on Tuesday as the dollar firms, with markets awaiting the Federal Reserve decision

Global gold prices fell in trading on Tuesday 28 July 2026 (6 Mordad 1405) under pressure from a firmer US dollar. Spot gold lost 0.7 percent to $4,044.81 an ounce, while gold futures for August delivery traded 0.8 percent lower at $4,045.40. The dollar index sat near its highest level in a month on the same day, which makes bullion more expensive for holders of other currencies. Traders are waiting for the conclusion of the Federal Reserve's two day meeting on Wednesday for clarity on the US interest rate outlook. The decline followed Monday 27 July, when the August futures contract opened 0.7 percent higher at $4,097.5. The global gold price is the basis for pricing gold and coins in Iran's domestic market and, alongside the exchange rate, sets the direction of the Tehran market.

CNBC

11:42 PM
27 Jul
GoldGlobal

Global gold rose on Monday: August futures opened at $4,097.50, up 0.7 percent

Global gold prices rose on Monday, 27 July 2026. According to Yahoo Finance, August gold futures opened at $4,097.50 per troy ounce that day, up 0.7 percent from Friday's closing price, and as of 8:13 a.m. US Eastern Time gold was holding steady at $4,098.30. Trading Economics data for the same day recorded gold at $4,083.03 per ounce, a gain of 0.77 percent from the previous day. The difference between these readings reflects the contract type and the moment of measurement. Gold's gain came as the United States and Iran mutually paused attacks, a development that on the same day drained the risk premium out of the oil market and sent crude prices sharply lower. Alongside the dollar rate, the global ounce is one of the two main inputs to gold and coin pricing in Iran's domestic market.

Yahoo Finance

10:37 AM
27 Jul
GoldGlobal

Silver at $59 and platinum at $1,612 as traders price a 76 percent chance of a September US rate rise

In trading on Monday, 27 July 2026, silver rose 1.7 percent to $59.16 an ounce, platinum gained 1.5 percent to $1,612.04 and palladium added 1.6 percent to $1,263.73. In the same session spot gold was 0.9 percent higher at $4,087.79 an ounce, while the US August gold futures contract rose 0.5 percent to $4,089.90. The move was driven by a fall of more than 4 percent in oil prices and a 0.3 percent decline in the dollar index the same day, which made dollar priced metals cheaper for holders of other currencies. Tim Waterer, chief market analyst at KCM Trade, said gold was benefiting from moves in both oil and the dollar at once, and that its near term path is closely tied to where oil goes next. Market attention is on the Federal Reserve policy meeting on 28 and 29 July, which investors and economists broadly expect to leave rates unchanged. According to the CME FedWatch tool, traders on Monday, 27 July put the probability of a US rate rise in September at about 76 percent. Higher rates typically weigh on demand for a non yielding asset such as gold.

Eghtesad Online, citing ISNA and Reuters

5:38 AM
27 Jul
GoldGlobal

Global gold tops $4,100 early Monday as the US-Iran pause pushes oil lower

Spot gold rose more than one percent in early trading on Monday, 27 July 2026 (5 Mordad 1405). According to Reuters, spot gold was up 1.3 percent at $4,103.99 an ounce by 0058 GMT. Sahmino's own price feed put the ounce at $4,108.94, up 1.38 percent, as of 05:29 Tehran time the same morning. The main driver is the pause in attacks between the United States and Iran, which pushed oil prices lower and eased concerns about energy-driven inflation and the prospect of interest rates staying higher for longer. Non-yielding gold typically benefits when rate expectations fall, the same mechanism that worked in reverse in recent weeks, when surging crude weighed on the ounce. The Federal Open Market Committee meets on 28 and 29 July (6 and 7 Mordad). The global ounce is one of the two inputs into gold and coin prices in Iran; the other is the exchange rate, and the two are currently moving in opposite directions. Based on Sahmino data, a gram of 18-carat gold stood at 17,878,000 tomans on the evening of Sunday 4 Mordad, down 2.1 percent, and the Emami coin at 181,490,000 tomans, down 1.65 percent.

The Edge Malaysia (Reuters)

8:42 AM
25 Jul
GoldGlobal

WGC: Gold ETF flows stayed positive in H1 2026, with Asia setting a record

In its mid-year report, the World Gold Council said net inflows into gold exchange-traded funds (ETFs) stayed positive in the first half of 2026 at $8 billion, despite sharp market volatility. Asia posted its strongest H1 on record, attracting $12 billion, while North America was the only region with outflows, at $7.7 billion. In June alone, gold ETFs shed $8.9 billion. Global gold, which briefly topped $5,500 intraday in January, pulled back to near $4,000 by late June and is now trading above $4,000. Steady Asian demand is one support for the global price, which also feeds through to Iran's domestic gold market.

World Gold Council

4:46 PM
24 Jul
GoldGlobal

Odds of a September Fed Rate Hike Climb to About 80% as Gold Defends $4,000

Based on CME's FedWatch tool, the probability that the US Federal Reserve's target rate will be higher after the 16 September (25 Shahrivar) meeting rose to about 80% on Friday (2 Mordad 1405, 24 July 2026), up from roughly 68% earlier. Markets also price in around a 34% chance of a hike at next week's Fed meeting. The main driver of this repricing is oil's jump above $100 and intensifying inflation concerns. The European Central Bank also held its rate at 2.25% and kept a September increase on the table. Against this backdrop, gold, which had fallen nearly 2% on Thursday, traded around $4,040 on Friday and defended the $4,000 psychological level. The path of US interest rates and the global gold price are key factors shaping Iran's gold and coin market.

FX Leaders

6:42 AM
24 Jul
GoldGlobal

Global gold holds near 4,048 dollars on Friday as yields and the dollar blunt its haven bid

Spot gold eased on Friday, 24 July 2026, holding near 4,048 dollars an ounce, down from roughly 4,090 dollars on Thursday. The metal tested a support band around 4,040 to 4,043 dollars that has underpinned prices since mid-July. The main driver of the decline, despite the war tensions, is the surge in oil prices, which has raised expectations of stickier inflation and in turn pushed US Treasury yields to their highest since January 2025 and firmed the dollar; higher real yields raise the opportunity cost of holding non-yielding gold and have repeatedly outweighed its haven appeal through this conflict. A break of the 4,040 dollar level could open the way toward 4,000 dollars. Gold and coin prices in Iran are shaped by both the global ounce and the exchange rate; a lower global ounce eases one of the two inputs, while the war-risk premium and pressure on the rial pull in the opposite direction.

InvestingLive

3:44 PM
23 Jul
GoldGlobal

Gold falls despite war tensions, spot price near 4,090 dollars

Gold prices fell on Thursday, 23 July, despite escalating military tensions between Iran and the United States. Spot gold slipped about 1 percent to roughly 4,090 dollars an ounce. The seemingly paradoxical decline stems from the surge in oil prices. Rising crude lifts expectations of stickier inflation and pushes US Treasury yields higher, and higher yields raise the opportunity cost of holding gold, which pays no interest. Gold fell even as the dollar index eased below 101, a sign that yield pressure was the dominant factor that day.

Crypto Daily

10:39 AM
22 Jul
GoldGlobal

Spot Gold Climbs Back Above $4,100 in Wednesday Trade

Spot gold rose about 1 percent in Wednesday trade on 22 July 2026, climbing back above the $4,100 an ounce level. Bullion changed hands near $4,119 by Wednesday morning, while US gold futures traded around $4,124. Even so, the price remains near its lowest level in nine months and well below the record set earlier this year. The main driver was safe-haven demand amid tensions in the Strait of Hormuz and threats by Houthi forces to disrupt shipping in the Red Sea and the Bab el-Mandeb strait. On the other side, high US Treasury yields (the 10-year yield in the mid-4 percent range) and a firmer dollar kept a lid on gold's advance. For the Iranian market, the global ounce is the main anchor for domestic gold and coin prices; the Emami coin traded around 185 million tomans on Tuesday, 21 July.

EconoTimes

7:40 AM
22 Jul
GoldGlobal

Spot Gold Holds Above $4,050 in Wednesday Trade as Safe-Haven Demand Firms

Spot gold held above $4,050 an ounce in early Wednesday trade on 22 July 2026, rising to around $4,080. The move followed a pullback in the prior session that had taken gold near the $4,000 psychological level. The main driver was firmer safe-haven demand as the US and Iran exchanged strikes for an 11th day. Some analysts say the gain reflected buying after the recent decline rather than a fresh fundamental shift. The international gold ounce is the direct benchmark for the price of coins and each gram of 18-carat gold in Iran's domestic market.

FXStreet

4:37 AM
22 Jul
GoldGlobal

Spot Gold Rose About 1.6% on Tuesday, Pulling Back From a Nine-Month Low as US-Iran Talk Hopes Lifted Prices

Spot gold rose about 1.6% on Tuesday, 21 July 2026, to near $4,072 an ounce, pulling back from the nine-month low near $4,008 it had touched that morning. The rebound was driven by short covering and hopes for a resumption of US-Iran talks and a proposed ceasefire. Silver also climbed sharply on Tuesday, reaching near $59 an ounce. Easing fears of a wider war modestly tempered safe-haven demand, though the market remains cautious about the path of negotiations. Global gold is the direct benchmark for Iran's domestic coin and gold market: the international ounce, together with the exchange rate, sets the price of the Emami coin and each gram of 18-carat gold.

Reuters

1:42 PM
21 Jul
GoldGlobal

Spot gold edges higher on Tuesday, holding above $4,000 but still near a nine-month low

Spot gold edged higher on Tuesday, 30 Tir 1405 (21 July 2026), trading in a roughly $4,020 to $4,045 range depending on the source, about half a percent to one percent above the previous day. Despite the small gain, gold remained close to its lowest level in nine months. The main pressure on gold comes from firming expectations of a Federal Reserve rate hike: a jump in oil prices amid the Strait of Hormuz crisis has revived concerns about energy-driven inflation and pushed US Treasury yields higher. Gold pays no yield, so higher interest rates typically dim its appeal. Moves in the global ounce feed directly into domestic gold and coin prices in Iran, and from there into households' asset markets.

Eghtesad Online

8:47 AM
21 Jul
GoldGlobal

Global gold slips to about $4,008 on Tuesday, near a nine-month low

Spot gold slipped to around $4,008 an ounce on Tuesday, 21 July, holding just above the $4,000 mark and near its lowest level in nine months. The metal is down about 4 percent over the past month. Even as the US-Iran war continues, the jump in oil prices has raised inflation concerns and strengthened expectations that the Federal Reserve will keep interest rates higher for longer, a factor that weighs on gold and has kept safe-haven buying tied to geopolitical tension from lifting prices. Silver held firmer than gold the same day. The global gold price is the main benchmark for Iran's domestic gold and coin market.

Mining.com

11:45 PM
20 Jul
GoldGlobal

World Gold Council: central banks keep buying gold; gold becomes the world's largest reserve asset

According to the latest World Gold Council data in July 2026, official sector demand for gold has stayed strong in the opening months of the year, and the Council forecasts that the world's central banks will buy roughly 850 tonnes of gold in 2026. In its annual survey, 89% of reserve managers expect global central bank gold holdings to rise over the next 12 months, and a record 45% said their own institution's reserves would increase. In May, Poland added 18 tonnes (64 tonnes year to date), Kazakhstan 7 tonnes and Singapore 4 tonnes. Gold has now overtaken US Treasuries to become the world's largest reserve asset. This trend is a key pillar supporting the global gold price, which also drives Iran's gold and coin market.

World Gold Council

7:36 AM
20 Jul
GoldGlobal

Gold hovers near $4,000 and a nine-month low as the oil surge revives Fed rate-hike bets

Spot gold traded around $4,000 an ounce on Monday, 20 July 2026 (about $4,001, down roughly 0.4% on the day), near a nine-month low and about 28% below its late-January 2026 record of roughly $5,600. Contrary to the usual pattern, markets have read the US-Iran war and the Strait of Hormuz crisis as an inflation event rather than a flight-to-safety one: crude's jump above $90 has revived inflation fears and bets on a Federal Reserve rate hike, and that pressure has pushed gold lower. Markets now price meaningful odds of a Fed rate increase by September. In Iran the picture differs. As of Sunday evening, 19 July, the Emami coin stood near 189 million tomans (down about 0.5%), yet the coin's premium over melt value (the hobab) jumped about 6.8% in a single day to roughly 6.5 million tomans; a gram of 18-carat gold was about 18.8 million tomans (down about 2%). A weak rial and domestic demand have kept Iran's gold market close to record highs even as the global ounce falls.

Yahoo Finance

2:43 PM
19 Jul
GoldGlobal

Central banks kept buying gold through its worst quarter since 2013

According to World Gold Council data, the world's central banks remained net buyers of gold through the second quarter of 2026 despite a sharp drop in the price (its steepest quarterly decline since 2013); net global purchases in May 2026 were reported at about 41 tonnes. Poland leads sovereign buyers with roughly 64 tonnes since the start of 2026, while China, Uzbekistan and Kazakhstan also kept buying. The trend shows that official reserve demand for gold remains firm over the medium term, even as the oil surge and worries over US interest-rate policy have pushed the price lower in the short term. For Iran's domestic market, where gold and coin prices track the global price and the exchange rate, the long-term direction of central-bank reserves is an important variable.

Kitco News

8:36 AM
19 Jul
GoldGlobal

Global gold ETFs closed H1 2026 with US$8 billion of net inflows; physical holdings reached 4,047 tonnes

According to the latest World Gold Council report, global gold exchange traded funds (ETFs) closed the first half of 2026 with net inflows of about US$8 billion, a figure that stayed positive despite the sharp price swings of the period. Total assets under management reached roughly US$526 billion by the end of June, down about 6 percent since the start of the year on the lower gold price, yet the physical tonnage held rose by 18 tonnes to 4,047 tonnes. The picture diverged across regions: Asian funds recorded their strongest first half on record with US$12 billion of inflows, while North America was the only region to see outflows, posting its weakest first half since 2013 with US$7.7 billion withdrawn. Analysts tied those outflows to expectations that the US Federal Reserve will keep interest rates higher to curb the energy-driven inflation of the Iran-US war. Global gold peaked at a record US$5,589.38 an ounce on January 28 before retreating during the Strait of Hormuz crisis, ending the first half near US$4,000 on June 30. Gold remains the reference asset for Iranian savers, and global capital flows into the metal also shape domestic expectations.

World Gold Council

6:38 PM
18 Jul
GoldGlobal

Global gold ends the week down more than 3 percent as the Hormuz-driven oil surge weighs on the metal

Global gold fell more than 3 percent in the week ending Friday, 17 July 2026, one of its largest weekly declines in about six months, with the metal trading near 4,000 dollars an ounce on Friday and at its lowest level since November 2025. Contrary to gold's usual safe-haven behavior, the escalating Iran-US military tensions and the disruption in the Strait of Hormuz worked against the metal this time by way of higher oil prices. Brent crude rose nearly 12 percent over the past week, lifting inflation expectations and the odds that the US Federal Reserve keeps rates higher for longer and firming bond yields, all of which pressure gold. The dynamic matters for Iran's domestic market, where local gold and coin prices track both the global ounce and the exchange rate.

Yahoo Finance

9:49 AM
17 Jul
GoldGlobal

Gold holds below $4,000 on Friday, set for its biggest weekly loss in six weeks

Spot gold held below $4,000 an ounce on Friday, July 17, 2026, trading around $3,986. The metal was on track for a weekly decline of about 3.4%, its biggest weekly loss in six weeks and near its lowest level since November 2025. Higher oil prices, driven by escalating US-Iran tensions over the Strait of Hormuz, have revived inflation worries and strengthened the case for the Federal Reserve keeping interest rates elevated, adding selling pressure on gold. On the other side, softer US inflation data that has trimmed the odds of a rate hike at the upcoming meeting has offered the metal some support.

CNBC

12:49 PM
16 Jul
GoldGlobal

Global Gold Steadies on Thursday as Fed Rate-Hike Odds Fall; Near 4,060 Dollars

Global gold steadied on Thursday, 16 July 2026, after a week of sharp swings, rebounding to around 4,060 dollars an ounce after touching an intraday low near 4,017 dollars. The recovery was driven by softer US inflation data: the June Producer Price Index fell 0.3 percent, with the annual rate easing to 5.5 percent from 6 percent a month earlier. The data reinforced expectations that the Federal Reserve will hold rates steady at its July meeting. According to the CME FedWatch tool, the probability of a rate increase at the coming meeting fell to about 10.2 percent, from around 16.6 percent before the release. On the other side, the jump in oil prices and the inflation risk it carries have capped gold's room to climb further. Global gold is the main pricing reference for coins and gold in Iran's domestic market.

FXStreet

7:50 PM
15 Jul
GoldGlobal

Global gold holds near $4,066 on Wednesday, struggling to advance despite continued strikes on Iran

Spot gold traded near $4,066 an ounce on Wednesday, July 15, 2026, unable to make meaningful headway even as US strikes on Iran and Strait of Hormuz tensions persisted. The level was slightly below Tuesday's price of about $4,070. Soft US producer and consumer inflation data for June, which has trimmed the odds of a Federal Reserve rate hike at its upcoming meeting, has supported bullion, but a relatively steady dollar has capped further gains. In Iran's domestic market, where gold prices track the exchange rate, prices have meanwhile set fresh records.

سی‌ان‌بی‌سی / CNBC

10:48 AM
14 Jul
GoldGlobal

Global gold holds below $4,000 for a third straight session, weakest since July 1

Spot gold held below the $4,000 mark on Tuesday, July 14, 2026, trading around $3,996 an ounce in Asian morning hours, its third consecutive session lower and the weakest level since July 1. The move followed Monday's slide of nearly 3 percent. The jump in oil prices amid renewed US and Iran tensions over the Strait of Hormuz has lifted inflation worries and reinforced market expectations that the Federal Reserve will keep interest rates elevated, which dims the appeal of non-yielding gold. The drop in the global ounce is also weighing on domestic gold and coin prices in Iran (the latest figures are available in Sahmino's prices section).

The Nation (Thailand)

4:03 AM
13 Jul
GoldGlobal

Spot gold slips to about $4,081 on Monday as markets await US inflation data

Spot gold slipped nearly 1% to about $4,081 an ounce on Monday, July 13, 2026, down 0.96% from the previous day and a second straight session lower, even as oil prices jumped. Investors stayed cautious ahead of the US June consumer price index, due Tuesday, July 14, a reading that could shape the path of Federal Reserve interest rates and the value of the dollar. Spot gold is down about 5.3% over the past month but still up roughly 22% from a year ago. Gold and coin prices in Iran are set by both the global ounce and the rial exchange rate, which makes the direction of the global ounce a key driver of the domestic market.

Trading Economics

6:43 PM
11 Jul
GoldGlobal

Global gold ends the week down about 1.5% near $4,100

Spot gold ended the week to Friday, July 10, 2026 in the $4,100 to $4,120 an ounce range, down about 1.5% from the previous week. On Friday the metal traded near $4,104 an ounce, off roughly 0.4% on the session. The main drag was an almost 5% weekly surge in global crude prices after renewed Iran and US tensions in the Strait of Hormuz, which revived inflation fears. Markets are now pricing a near 60% chance of a Federal Reserve rate hike at the September meeting, and higher rates weigh on non-yielding gold. Sahmino's latest tracked spot price is $4,121 an ounce (updated early Saturday, July 11). The global ounce is the primary anchor for gold and coin prices in Iran's domestic market.

Kitco News

12:49 AM
11 Jul
GoldGlobal

WGC Survey: Record 45% of Central Banks Plan to Boost Gold Reserves Over Next Year

The World Gold Council's annual Central Bank Gold Reserves Survey, conducted between February 5 and May 19, 2026, with a record 76 central banks participating, found that 45 percent of respondents plan to increase their own gold reserves over the next 12 months, up from 43 percent in 2025 and a record in the survey's nine-year history. Separately, 89 percent of respondents said they expect global central bank gold holdings overall to rise over the coming year. The report, published on June 16, 2026, noted that central banks have bought an average of 1,000 tonnes of gold annually over the past four years, double the pace of the prior decade, while 74 percent of respondents expect a moderate or significant decline in the US dollar's share of global reserves over the next five years.

World Gold Council

7:48 PM
10 Jul
GoldGlobal

Global Gold ETFs See $8.9 Billion June Outflow; H1 2026 Flows Stay Positive

According to the World Gold Council, global gold-backed ETFs recorded a net outflow of $8.9 billion in June 2026, though first-half 2026 flows remained positive with a net inflow of $8 billion. North American funds lost $5.5 billion in June, bringing the region's H1 outflow to $7.7 billion, the weakest first half since 2013. European funds saw $818 million in June outflows, trimming their H1 inflow to $3.2 billion. Meanwhile, Chinese investors withdrew a record $2.91 billion from gold ETFs in June. Global gold ETF assets under management fell to $526 billion in June, with holdings down 74 tonnes to 4,047 tonnes. The World Gold Council cited the pullback in gold prices, hawkish remarks from the new Federal Reserve chair, and rising real yields as the main drivers of the outflow.

Yahoo Finance

4:47 PM
10 Jul
GoldGlobal

World Gold Rebounds Above $4,140 an Ounce on Renewed Safe Haven Demand

World gold jumped 1.48 percent, or $60.25, to $4,143.59 an ounce on Friday, July 10, 2026 (19 Tir 1405), according to Yahoo Finance. Gold had spent most of the week declining as renewed US Iran military conflict rattled markets, but safe haven demand returned as investors weighed the war's impact on inflation and future Federal Reserve decisions. Oil prices have risen roughly 7.1 percent over the past five days, adding to inflation concerns. Iranian financial outlets including Taadol newspaper and EcoIran also reported the world gold ounce near $4,120 on the same day.

Yahoo Finance

5:49 AM
10 Jul
GoldGlobal

Global Gold Rebounds Above $4,100 After Two Sessions of Losses

Global gold prices rebounded above $4,100 an ounce on Thursday, July 9, 2026 (18 Tir), after falling for two prior sessions, trading in a range of roughly $4,100 to $4,130. According to Kitco News, gold had eased earlier in the week on expectations the Federal Reserve would keep interest rates elevated for longer, but minutes from the Fed's June meeting and heightened risk following the attack on tankers in the Strait of Hormuz and the ongoing US-Iran conflict revived safe-haven demand. The swings came alongside firmer US Treasury yields and a broadly stable dollar index.

Kitco News