SPDR Gold Shares (GLD) Price

Record $1.28T ETF Inflows Driven by Gold, AI, and Crypto

ETF inflows are on pace to break 2025's record, reaching $1.28 trillion year-to-date, driven by investor demand for gold, AI, and crypto-themed funds.

Fortuna Mining Deepens West Africa Push

Fortuna Mining is strategically pivoting from its Latin American origins to West Africa, anchoring its growth in gold production. The Diamba Sud project in Senegal is central to this strategy, demonstrating strong economic potential that could significantly enhance the company's value and production profile, despite currently high operating costs at existing mines.

Investors Drive Capital Into Gold ETFs

Investors are increasingly allocating capital to gold-backed Exchange Traded Funds (ETFs), with the SPDR Gold MiniShares Trust (GLDM) seeing a significant $664.81 million in single-day inflows. This move reflects a broader trend of rising institutional and retail demand for gold as a portfolio hedge, favoring lower-cost investment vehicles.

Silver Pauses Near $62 Amid Industrial Squeeze

Spot silver has corrected to approximately $62 per ounce after reaching a record high near $64.70, a move largely attributed to profit-taking. The metal's significant 2025 rally is fundamentally supported by soaring industrial demand and a multi-year structural supply deficit, with accommodative central bank policy providing additional tailwinds.

China’s Gold Accumulation Signals Monetary Strategy Shift

The People's Bank of China (PBOC) has increased its gold reserves for the 13th consecutive month, a move that aligns with a broader global trend of central banks diversifying away from U.S. dollar-denominated assets. This sustained buying provides a strong fundamental support for gold amidst a historic rally in 2025.

Saxo Bank's 2026 Forecasts: Gold at $10,000 and a Trillion-Dollar AI Crisis

Zacks Highlights Newmont, Gold Fields, and Kinross Amid Record Gold Prices and Strong Q3 Earnings