Gold

Gold prices in Egypt fell 2.7 percent in May 2026 as the Egyptian pound strengthened and global markets weakened.

May 29, 2026 Reported by AI

Gold demand in India fell about 70 percent after the government raised import duties. Industry estimates put demand at 7.5 tonnes for the fortnight ended May 27, down from 25 tonnes a year earlier.

Silver and gold prices rose on Wednesday following the Federal Reserve's meeting and other central bank announcements. The uptick came as oil prices and the US dollar weakened. Metals gained traction amid broader strength in risk assets.

April 28, 2026 Reported by AI

Westgold Resources Limited reported producing 93,145 ounces of gold in its fiscal third quarter of 2026, with all-in sustaining costs of $2,931 per ounce excluding its ore purchase agreement. The company built $285 million in underlying cash before growth capital and other expenditures, boosting its treasury to $856 million. CEO Wayne Bramwell highlighted the business's scale, resilience, and full exposure to gold prices.

Colombia's exports reached US$4.211.6 million in February, up 11.4%, according to the Dane. Non-monetary gold and the agricultural sector drove the rise, while fuels, coal, and manufacturing saw declines.

March 31, 2026 Reported by AI

Leader of Indonesia's Komisi VI DPR, Nurdin Halid, praised PT ANTAM and other state mining firms for positive performance amid 2025 global commodity price pressures. He highlighted mining's strategic role in mineral downstreaming. During a hearing on March 31, 2026, Nurdin urged stronger gold governance via cooperatives.