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goldcentral bankgold demandWorld Gold Council
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Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 11/02/2026 | 3,946.68 |
| Change that session | +1.84% |
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.7B |
| Close on 11/02/2026 | 3,952.77 |
| Change that session | +1.07% |
XAUT/USDT
▲ Likely positiveTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.1B |
| Close on 11/02/2026 | 3,938.98 |
| Change that session | +1.16% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Central Banks buy 321 tonnes of Gold in Q3 , lifting 2026 demand to 675 tonnes : World Gold Council
According to the World Gold Council, central banks bought 321 tonnes of gold in Q3 2026, lifting their year-to-date purchases to 675 tonnes, up 6% year on year, and the WGC expects their buying to at least match 2025 levels. Gold ETFs added 211 tonnes after outflows in Q2, while bar and coin demand fell 19% to 268 tonnes and jewellery demand fell 17% to 313 tonnes amid high prices. Total Q3 gold demand fell 1% to 1,369 tonnes, but year-to-date value reached a record USD 566 billion. Mine production rose 3% to 1,071 tonnes, a third-quarter record, while recycling fell 8% to 314 tonnes, its lowest in three years.
- Central Banks buy 321 tonnes of Gold in Q3 , lifting 2026 demand to 675 tonnes : World Gold Council
Central banks bought 321 tonnes of gold in the third quarter of 2026, well above recent typical quarterly levels, bringing their year-to-date purchases to 675 tonnes, up 6% year-on-year, according to the World Gold Council (WGC). The WGC expects central bank buying to at least match 2025 levels. Total gold demand, including OTC investment, fell 1% to 1,369 tonnes in Q3, though year-to-date demand of 3,881 tonnes nearly matched the 2025 record of 3,884 tonnes, and reached a record USD 566 billion in value. Gold ETFs added 211 tonnes after outflows in Q2, while bar and coin demand fell 19% to 268 tonnes and jewellery demand dropped 17% to 313 tonnes, the weakest third-quarter level in the WGC's data series. Mine output rose 3% to a third-quarter record of 1,071 tonnes, but recycling fell 8% to 314 tonnes, its lowest in three years.
- SLV Crashes To Near 52-Week Lows, GLD Falls Pre-Market – World Gold Council Cuts 2026 Gold Investment Forecast By Half
Gold and silver fell sharply as investors weighed the U.S. midterm elections, Middle East tensions and a rebound in oil prices; SLV dropped 3.2% to its lowest in nearly 52 weeks, while GLD slipped over 1.1% in pre-market trading. January 2027 gold futures fell 1.4% to $3,929.80 per ounce, and silver contracts due in January 2027 dropped 3.8% to $49.20 per ounce. Saxo Bank's Ole Hansen said gold was sold again near $3,970 an ounce, a former support level that has become resistance, pointing to fragile sentiment. KCM Trade's Tim Waterer said a convincing move above $4,000 an ounce would signal improving momentum, and warned that a tech selloff driven by regulatory pressure could spill over into gold as positions are cut to cover losses. The World Gold Council cut its 2026 full-year gold investment demand forecast to 200 metric tons from 400 MT, as demand for bars and coins fell 19% in the third quarter.
- Gold price today, Tuesday, November 3, 2026: Gold prices open below $4,000 for the second straight day
December gold futures opened at $3,960.50 per troy ounce on November 3, 2026, down 0.2% from the prior close, and slipped to $3,910.60 by 7:20 a.m. ET. Prices opened below $4,000 for a second straight day as Middle East tensions lift oil prices and raise the chance that the Fed raises rates next month, a headwind for gold since it pays no interest. Reports of a U.S. attack on Iran's Qeshm Island were described as defensive, but markets are watching for possible U.S. military escalation after the midterm elections. The opening price is down 1.8% from a week ago, 5.8% from a month ago and 1% from a year ago. The article also flags price and speculation risks for gold investors, noting that gold remains an unpredictable asset.
- US envoy announces timing for resumed Russia-Ukraine peace talks
US envoy Steve Witkoff said Washington will mediate a round of expert-level talks between Russia and Ukraine in Abu Dhabi on November 10–11, focusing on post-war security arrangements, de-escalation, humanitarian issues and next steps toward peace. Ahead of the talks, US negotiators are scheduled to meet representatives of France, Germany, the UK, the EU and NATO in Brussels this week to discuss security guarantees for Ukraine, Europe's post-war security structure and economic cooperation to support Ukraine's reconstruction. Witkoff said Washington aims to build on earlier diplomatic discussions in Kyiv, Oslo and St. Petersburg toward a comprehensive and lasting peace agreement. The move comes as the Trump administration continues to push diplomacy to end the conflict, and Trump said last month that efforts may be closer to success than ever, expressing confidence that both Moscow and Kyiv want to end the fighting.
- Goldman Sachs estimates central banks bought 79 tonnes of gold in August , led by China
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- One Bullion Reports Significant Historical Gold Results and Advances Exploration at Vumba
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- AMD Fell 16% in a Month Before Earnings. Forecasts Call for 501% Profit Growth in Four Years
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- Amazon Vs. Intel: The Good Burn and The Very Bad Burn
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