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People's Bank of China

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Gold price near $4,000 amid central‑bank buying

4 clusters · 47 sources · last updated

Latest: Gold Seen as Global Reserve Currency Amid Central Bank Purchases

Gold continued to trade around the $4,000 level in late July 2026, with spot prices hovering near $4,095‑$4,105 per ounce. The Federal Reserve left rates unchanged at 3.5‑3.75 %, while a modest dip in core PCE inflation,

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Gold demand up, China imports surge, banks buy

69 clusters · 215 sources · last updated

Latest: Central banks boost gold purchases in Q2, Russia sells

Gold prices have remained volatile since the January 2026 peak of $5,405 per ounce, with global demand staying above 5,000 t, underscoring the metal’s hedge function. Central banks continued their record‑pace accumulatio

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