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Gold clears $4,600 with central bank demand running at twice the decade-prior pace

8/26/2026

Gold climbed back above $4,600 an ounce, its highest print since May, after a broad decline that ran through much of 2026.

Central bank buying has anchored the physical side of that recovery, and investors who held through the pullback are seeing it in the tape.

The SPDR Gold Shares ETF (NYSEMKT: GLD) and the iShares Gold Trust Micro ETF (NYSEMKT: IAUM) are the two primary vehicles now in focus for exposure.

Central bank buying sets the floor A 2026 World Gold Council survey found central banks have averaged roughly 1,000 metric tons of annual gold purchases over the past four years.

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