News

Gold Faces Pressure as FOMC Rate Decision Looms and Strait of Hormuz Risks Rise
Gold prices edge lower ahead of the September 16 FOMC decision, with crowded long positioning, Strait of Hormuz tensions, and diverging institutional forecasts adding to volatility for Singapore buyers.

Platinum Jumps as Sibanye-Stillwater Shaft Closure and SA Power Crisis Fuel 2026 Deficit
Platinum surges after Sibanye-Stillwater shutters its Kwezi shaft, worsening South Africa's supply woes. WPIC now forecasts a 297,000-oz deficit for 2026, pushing prices higher for Singapore buyers.

Gold Defies Hot August CPI, Climbs as September Fed Rate Call Nears
Gold rises unexpectedly after the US August 2026 CPI comes in hotter than forecast, as traders brace for the September FOMC decision. What this means for Singapore buyers.

Gold Logs Strongest August Since 1979 as Sticky US Inflation Clouds Rally — Jackson Hole in Spotlight
Gold prices surge for their best August in over 40 years even as US PCE inflation refuses to cool. With Warsh's first Jackson Hole speech looming, Singapore buyers eye the next move.

US Treasury Doubles Long-Term Debt Buybacks; Gold Nears US$4,500 as Yields Tumble
The US Treasury ramps up long-term debt buybacks, sending gold up to nearly US$4,500 as yields plunge and the dollar weakens. What this means for Singapore investors eyeing safe-haven assets.

Gold Holds at US$4,345 After Hawkish FOMC Minutes; September Hike Back in Play
Gold trades near US$4,345 as July FOMC minutes reveal 9-3 split in favour of more rate hikes. Investors weigh a September move ahead of Jackson Hole. Volatility likely to persist.

COMEX Silver Faces 5.9x Paper Leverage for September 2026 Delivery
COMEX silver contracts for September 2026 show 5.9 times more paper than available metal, covering just 17% of open interest. This may impact silver prices and confidence in physical delivery.

Gold Nears US$4,400 as US July CPI Puts Precious Metals to the Test
Gold holds just below US$4,400/oz ahead of the crucial July US CPI inflation report, a key test for bullion demand after recent price gains. Why this number could move Singapore buyers.

Gold Mine Output Stalls in 2026 Despite Record Prices, Supply Remains Tight
Gold mine production stays flat in 2026—even as gold prices hit new highs. Structural limits keep supply inelastic, supporting a bullish outlook for Singapore buyers and investors.

Gold and Silver Surge After Weak US July Jobs Report Shakes Fed Rate Bets
Gold and silver hit multi-week highs on 9 August 2026 after a weak US July jobs report triggered a major Fed rate rethink. Singapore buyers eye fresh price action as global investors flood into bullion.

Gold Sees First Monthly Gain Since February as Fed Holds Rates Steady in July 2026
Gold prices recorded their first monthly increase since February after the US Fed left rates unchanged in July 2026. J.P. Morgan sticks to its bold US$6,000 year-end target, signalling ongoing bullishness.