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Gold posts worst quarter in 12 years but central bank buying may boost prices later in 2026.

Market News
08 Jul 2026
Kitco
View Source
Neutral
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Gold prices fell 14.1% in Q2 2026, marking the worst quarter since 2013 due to rising inflation expectations, stronger US Dollar, and hawkish Fed rate outlook. Despite this, gold remains up 21.3% over the past year. The market is watching inflation trends and Fed actions closely, as higher interest rates and a stronger USD typically weigh on gold. However, strong central bank demand for gold to diversify reserves is expected to support prices in the second half of 2026, with many central banks planning to increase their gold holdings. Gold's role as a portfolio diversifier and inflation hedge remains intact amid ongoing geopolitical and economic uncertainties.

More News

Columbus Circle Capital Corp III prices $200M IPO, trading starts July 9 on Nasdaq.

Columbus Circle Capital Corp III prices $200M IPO, trading starts July 9 on Nasdaq.

Columbus Circle Capital Corp III announced the pricing of its initial public offering (IPO) of 20 million units at $10 each, raising $200 million. The units will begin trading on the Nasdaq Global Market under the symbol "CCCTU" on July 9, 2026. Each...

Others
Neutral
58 minutes ago
Global golf simulators market to reach $5.5B by 2035 with 8.6% CAGR, driven by tech advances and rising home use

Global golf simulators market to reach $5.5B by 2035 with 8.6% CAGR, driven by tech advances and rising home use

The global golf simulators market, valued at $2.4 billion in 2025, is projected to grow to $5.5 billion by 2035 at an 8.6% CAGR. Growth is fueled by technological improvements, increased commercial and residential use, and rising demand for indoor go...

Market News
Bullish
1 hour ago
Aimei Health ends merger deal with United Hydrogen after missing deadline.

Aimei Health ends merger deal with United Hydrogen after missing deadline.

Aimei Health Technology Co., Ltd. has terminated its business combination agreement with United Hydrogen Group Inc. due to failure to complete the merger by the agreed deadline. The termination was effective immediately as the closing did not occur b...

Company Fundamentals
Bearish
1 hour ago
BellRing Brands names Michael Axelrod as new CEO to lead growth and innovation.

BellRing Brands names Michael Axelrod as new CEO to lead growth and innovation.

BellRing Brands has appointed Michael Axelrod as its new President and CEO, effective July 29, 2026, succeeding Darcy Davenport who will retire but remain as an advisor. Axelrod brings over 30 years of experience in consumer packaged goods, including...

Company Fundamentals
Bullish
1 hour ago
Capital Power signs 10+ year deal to supply 250 MW to Meta's Alberta data centre by 2028

Capital Power signs 10+ year deal to supply 250 MW to Meta's Alberta data centre by 2028

Capital Power Corporation has entered a long-term energy supply agreement to provide 250 megawatts of power to Meta's new data centre in Sturgeon County, Alberta, expected to be operational in late 2028. This deal strengthens Capital Power's position...

Market News
Bullish
2 hours ago
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