Has the gold price reached its ceiling, or is it even in a bubble, as it was in the early 1980s, and is a significant correction imminent? There are strong reasons to believe that the gold price is not yet in a region of extreme overvaluation.

A saver who bought and sold gold at any time between January 1, 1999 and January 1, 2024 would have grown richer on average at an actuarial rate of 8.69% per annum.

The collapse of the correlation between the gold price and real interest rates raises many questions. In the old paradigm, it was unthinkable that the gold price would trend firmer during a phase of sharply rising real interest rates. Gold and gold investors are now entering terra incognita.

India's central bank has moved around 100 tonnes of gold from the UK to its domestic vaults, with plans to repatriate more soon, according to a TOI report. This significant transfer, the first since 1991, addresses logistical and storage diversity concerns.

The New Gold Playbook reflects changing market dynamics driven by central bank actions, geopolitics, and the rising importance of noninflationary assets like gold and Bitcoin.

Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China, the world’s biggest producer and consumer of the precious metal, is front and center of the extraordinary ascent.

China’s central bank purchased gold for the 17th consecutive month in March, extending a buying frenzy that has helped drive the price of the precious metal to a record high.

Zimbabwe has replaced its local dollar, which collapsed after less than 5 years in existence, with a new gold-backed currency. This is the latest step taken by President Emmerson Mnangagwa's government to end decades of monetary chaos.

2024 could be the year of major social and political upheavals. Bad-mouthing gold does not prevent a crisis, it exacerbates it, because it deprives the population of the golden safety net. Without a safety net, people are known to fall deeper and harder.

The minimum investment required for the first order has been lowered from $10,000 to $5,000. The minimum investment for subsequent orders has been removed.

Central bank purchases in November 2023 continued to be dominated by banks who have been regular buyers so far this year. Major buyers were all from emerging markets. The Central Bank of Turkey added the most gold during the month (25t), followed by the National Bank of Poland and the People’s Ba...

China topped up its gold holdings for a 12th straight month in October, adding to a wave of purchases by global central banks that’s lent support to bullion prices.

Increasingly, countries are beginning to openly express their intentions to strategically explore using gold as a medium of exchange in the coming years. The Malaysian government is now considering using the gold dinar as a reserve currency to reduce dependence on the US dollar.

The reshaping of the world economy and the global order is in full swing. There are powerful factors, such as the shift in economic, demographic and military weight, that are driving the readjustment in the (geo)political arena. And this readjustment is also reflected in the change in gold flows.

IMF data shows gold reserves at the Central Bank of Russia rose by 3 tonnes (≈ 100,000 oz) in August. This means that its gold reserves are back to where they were at the start of the year - 2,333 tonnes.

China added to its gold reserves for a 10th straight month, extending a push to bolster its hefty stockpile as it tries to diversify away from the US dollar.

After months of debate about various currency and commodity baskets, a Russia- and China-led consortium has apparently settled on using gold as the basis of a planned new international currency system separate from the US dollar and euro.

China raised its gold reserves for a ninth straight month in July. Bullion held by the People’s Bank of China rose by 740,000 troy ounces, the central bank said on Monday.

On Friday, the Russian state-controlled channel RT confirmed that Brazil, Russia, India, China and South Africa, also known as the BRICS countries, will introduce a new trading currency backed by gold.

According to Zoltan Pozsar, we are facing a multipolar world in which the dollar's status as reserve currency will be challenged by the renminbi and the euro. Gold is likely to play a major role in the new world monetary order.