Investment
Features
FeesSafety
Academy
More
Pluang+

Central banks boost gold reserves despite price dips, signaling long-term confidence in gold's stability.

Market News
10 Jul 2026
Kitco
View Source
Bullish
Central banks boost gold reserves despite price dips, signaling long-term confidence in gold's stability.

Central banks worldwide are increasing their gold reserves, with a record 45% planning to add more in the next year, according to recent surveys by the World Gold Council and OMFIF. Actual reserve data shows continued strong buying, highlighted by China's 20th consecutive month of purchases and Poland's aggressive accumulation of 82 tonnes in the first half of 2026. This trend reflects central banks' long-term strategy to hedge against geopolitical risks and financial volatility, contrasting with retail investors who have been selling gold amid rising opportunity costs. The sustained demand despite falling prices underscores gold's value as a liquid, risk-free asset independent of any single government's policies.

More News

Zcash jumps 10% as Bitcoin steadies near $87K amid US bill progress and SEC moves

Zcash jumps 10% as Bitcoin steadies near $87K amid US bill progress and SEC moves

Zcash surged 10% to over $1,616, leading major cryptocurrencies higher as Bitcoin held steady near $86,900. The positive momentum follows the US House Financial Services Committee's approval of a bill to create a Strategic Bitcoin Reserve and the SEC...

Market News
Bullish
4 hours ago
Anchorage Digital picks LayerZero for regulated stablecoin interoperability, boosting institutional adoption.

Anchorage Digital picks LayerZero for regulated stablecoin interoperability, boosting institutional adoption.

Anchorage Digital has chosen LayerZero as its preferred interoperability layer for stablecoins issued through its federally chartered bank, emphasizing the importance of regulated stablecoins for mass adoption by banks, payment firms, and corporate t...

Market News
Bullish
4 hours ago
Akash Network (AKT) jumps 14% on strong AI sector rotation and whale buying activity

Akash Network (AKT) jumps 14% on strong AI sector rotation and whale buying activity

Akash Network's token AKT surged 14.12% amid increased trading volume and investor interest driven by a broader rotation into AI and compute-focused tokens. Large market participants, or whales, boosted buying pressure, supporting the breakout from a...

Technical Signals
Bullish
4 hours ago
WM Vice President sells 1,365 shares worth $300,000 in insider transaction

WM Vice President sells 1,365 shares worth $300,000 in insider transaction

A Vice President at WM sold 1,365 shares valued at $300,000. Insider sales like this can indicate the executive's personal financial decisions but do not necessarily reflect the company's outlook. Investors should watch for any further insider activi...

Market News
Bearish
5 hours ago
Discord begins rolling out age verification to comply with laws, using behavior data over biometric scans.

Discord begins rolling out age verification to comply with laws, using behavior data over biometric scans.

Discord is launching age verification for all users starting Wednesday, after delaying the plan due to privacy concerns over biometric scans and ID checks. The platform will use existing account data and machine learning to estimate age groups, avoid...

Market News
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App