Gold Futures News - May 18, 2026
JPMorgan Slashes 2026 Gold Forecast Amid Rising Yields and Weak Demand
JPMorgan has slashed its average 2026 gold price forecast to $5,243 from $5,708, citing a downturn in investor demand and stagnant COMEX trading volume. The...
Ghana Hikes Gold Purchase Mandate to 30%, Targeting 157-Ton Reserve
Ghana’s central bank now requires large-scale miners to sell 30% of their annual gold production to the state. This mandate increases the previous requirement...
Gold Hits Monthly Low, UAE Drone Strike Sparks Rate Hike Fears
Gold prices dropped to a one-month low on Monday, May 18. A weekend drone strike on a UAE nuclear facility pushed crude oil to a two-week high. This...
Goldman Sachs uncovers secret central bank gold buying, targeting 5,400 dollars
Goldman Sachs released a report on May 17, 2026, detailing hidden central bank gold demand. Analysts identified missing sovereign flows within London trade...