Gold and Precious Metals Prices Decline in Global Markets
Gold and other precious metals have seen a significant decline in global markets, raising questions about the reasons behind this drop and its impact on the global economy.
Latest news and articles about precious metals from NEX English
Gold and other precious metals have seen a significant decline in global markets, raising questions about the reasons behind this drop and its impact on the global economy.
Trafigura, a global leader in commodity trading, has signed a purchase agreement with Ghana's Hith Goldfields to acquire <strong>700,000 ounces</strong> of gold, along with providing debt financing. This move aims to strengthen Trafigura's presence in the precious metals market.
Gold prices in Indonesia saw a significant increase this morning, with notable rises in the prices of UBS, Antam, and Galeri24. This surge follows a period of relative price stability.
Gold prices experienced a slight increase of <strong>0.17%</strong> today, Thursday, April 9, 2026, with the price of <strong>21-carat gold</strong> including manufacturing costs at the start of trading. This rise occurs amid notable market fluctuations.
Gold prices remained stable today at <strong>$4715.42</strong> per ounce as investors await ceasefire discussions between the United States and Iran. Meanwhile, U.S. gold futures dropped by <strong>0.8%</strong>.
Gold prices in Indonesia saw a significant decline today, falling to <strong>2.85 million rupiah</strong> per gram for Antam gold. This drop follows two days of rising prices, reflecting market volatility.
Gold prices in Indonesia saw a significant increase this morning, with the price of 24-carat gold reaching approximately <strong>2.9 million rupiah</strong>. This rise follows an increase of <strong>50,000 rupiah</strong> from the previous price.
Gold traders worldwide experienced their best year ever in 2025, with combined profits reaching <strong>$3.9 billion</strong>. Major market disruptions and increased trading volumes created unprecedented opportunities for profit.
The Central Bank of Russia has announced that its gold reserves have reached <strong>74.3 million troy ounces</strong>, equivalent to about 2,313 tons. This figure reflects the strength of the country's international reserves and economic stability.
On Wednesday, April 1, 2026, gold prices saw a significant rise in local markets, with the price of 21K gold reaching new record levels, raising concerns among both investors and consumers.
Tether Holdings SA has terminated the services of two senior precious metals traders shortly after their hiring from HSBC. This surprising move aims to enhance the company's performance in the gold market.
Gold prices have seen a significant increase of over <strong>3%</strong> in spot trading, reaching <strong>$4536.29</strong> per ounce. This rise follows a decline earlier in the week, prompting strong buying activity from investors who are closely monitoring developments in the Middle East.
Prices for precious metals, including gold and silver, drastically declined on Monday as negative sentiment stemming from the Iranian conflict heavily impacted investor psychology. Gold reached its lowest level in two years.