# World Gold Council
Latest news and articles about World Gold Council
Total: 4 articles found
Gold’s Shaky Resurrection: Can Asian Demand Counter the 'Walsh' Fed’s Hawkish Turn?
Gold prices are staging a recovery in early July following a 30% correction, supported by cooling U.S. labor data and strong Asian demand, even as major Wall Street banks slash their long-term price targets.
The $1,600 Retreat: Gold’s Gravity-Defying Run Meets Monetary Reality
After hitting a record high of nearly $5,600 per ounce in early 2026, gold prices have plummeted by $1,600, finding a new support level around $4,000. Market experts suggest that while geopolitical risks drove the initial rally, a shift toward higher interest rates and institutional profit-taking has normalized the market, with Asian demand now acting as a primary stabilizer.
Gold Isn’t Always a Safe Haven: US–Iran Escalation Triggers Wild Swings and Tests the Bull Case
Gold posted wild intra‑week swings after a US–Iran escalation in late February and early March, briefly spiking above $5,400/oz before plunging below $5,000/oz. Short‑term reversals were driven by a stronger dollar, rising US yields and deleveraging in paper markets, even as long‑term drivers such as central‑bank buying and de‑dollarisation remain intact.
Gold’s Decade of Reinvention: From Safe Haven to Strategic Reserve
Over the last decade gold has transformed from a peripheral hedge into a central asset, rising more than 300% from under $1,100 to peaks above $5,000 per ounce by early 2026. The shift is driven by sustained central-bank buying, weakening dollar share of reserves, low real interest rates and heightened geopolitical risk, but the market now displays greater volatility and complex implications for investors and policymakers.