Global markets remained volatile on Friday as oil prices eased, while bond markets continued to reflect investor anxiety over rising inflation risks linked to the ongoing Middle East conflict. Brent crude fell about 3% to around $105 per barrel, while US crude dropped more than 2% to near $94. The pullback followed efforts by major […]
central banks
Gold hits record highs as 2026 outlook turns bullish
LONDON: Gold surged to record levels in 2025, reaching a peak of $4,381 per ounce in mid-October, as investors increasingly viewed the metal as a strategic reserve asset rather than a traditional inflation hedge. The rally was driven by unprecedented central bank purchases, robust ETF inflows, and a heightened geopolitical risk premium. Read More: Global gold demand […]
Global gold demand hits record high amid geopolitical turmoil
LONDON: Global demand for gold surged to a record level in the third quarter of 2025 as investors sought safe-haven assets amid geopolitical tensions and economic uncertainty, according to data released Thursday by the World Gold Council (WGC). Total demand rose 3% year-on-year to 1,313 tonnes between July and September — the highest quarterly volume […]
Global gold demand hits record high
LONDON: Global demand for gold soared to a record high in the third quarter of 2025, as investors turned to the precious metal amid mounting geopolitical tensions and economic uncertainty, according to a report released by the World Gold Council (WGC) on Thursday. The WGC data showed that total demand rose 3 percent year-on-year in […]