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Daily research explaining the macroeconomic, policy, and technical drivers behind movements in the gold price.

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Global gold demand by category, 2020-2025
January 5, 2026· 11 min read

The International Gold Market in 2025

A full-year review of the forces behind gold's record-setting 2025: Fed easing, U.S. tariff policy, and the demand and supply data that pushed prices to an all-time high near $4,383/oz.

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Gold Market Insights

Independent, institutional-style research covering the drivers behind daily movements in the gold market.

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Research is for informational purposes only and does not constitute investment advice.