(IAU)

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.

Central banks increased gold holdings to 36,000 tonnes last year, the European Central Bank found. Gold purchases doubled last year compared to the previous decade.

Central banks have built up their gold stores in response to geopolitical tensions, inflation and concerns about the shifting monetary system.

The gold market continues to see a lot of noisy trading, as the market is currently in the middle of a massive consolidation region. At this point in time, gold could be heading into a ‘cooling period...