- Gold dropped more than 2% to a two-week low as the 10-year Treasury yield reached a 19-month high, the dollar strengthened, and bullion broke below its 200-day moving average.
- RBC Capital Markets maintained a high-case forecast of $4,929 per ounce for year-end 2026, citing renewed investor demand and central-bank buying.
- Texas Precious Metals acquired Nebü, adding wearable high-purity gold and platinum products to its physical precious-metals offering and planning broader distribution.
Quotes
“We believe the wearable bullion market will become an increasingly popular option for our ever-broadening client base.”
“I founded Nebü with the belief that fine jewelry could be more than a beautiful symbol of wealth, and gold more than a safe haven asset stored away in a vault”