Nour Saadny
Presenter
Business presenter of “Startup بالعربي”, covering startups, funding, investors and the lessons behind successful execution
News
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China Adds 19.9 Tonnes of Gold in July as Central Banks Buy 289t in Q2
China bought gold for a 21st straight month, its biggest purchase since 2023, while central banks worldwide added a record 289 tonnes in Q2.
Gold Above $4,400: Bullish, But Cautiously So
Gold holds above $4,400 on central bank buying and reviving ETF inflows, but inflation data and oil prices keep the risks two-sided.
Gold Forecasts for End-2026 Diverge Sharply: $4,600 to $6,000 an Ounce
Major investment banks are more than $1,400 an ounce apart on where gold ends 2026 - a gap that reflects deep disagreement over rates and the dollar.
Gold Funds Resume Buying... $3 Billion in July
Gold ETFs attracted $3 billion in July and increased their holdings by 23 tons to 4,068 tons, ending two months of outflows.
Shock US Jobs Report Sends Gold Soaring
Gold surged over 2% in a day and more than 7% for the week after the US unexpectedly lost jobs in July, crushing bets on a Fed rate hike.
Gold Holds Above $4,350 After Touching Two-Month High Near $4,450
Gold consolidates near $4,370/oz after peaking at $4,449, as softer US inflation data cools Fed rate-hike bets despite a firmer dollar.