Goldhub Research Investment Commentary Latest issue Investment Commentary Read the latest report Weekly Markets Monitor - Testing gold’s resolve Last week was marked by major central bank meetings and escalating geopolitical tensions. Most central banks, including the Fed, ECB, BoE, BoJ, held rates steady but highlighted rising inflation risks and signaled a hawkish bias, while the RBA hiked. Economic data was mixed, stronger in China but weaker across other major economies. 23 March, 2026 Gold the safe haven versus silver the wildcard Gold and silver may fall under the same “precious metals” umbrella, but they behave very differently. Gold’s balanced demand, deep liquidity and lower volatility make it a steady diversifier that typically shines during market stress, while silver’s industrial- heavy profile and thinner market leave it more cyclically exposed and with a higher‑beta. For investors, that means gold tends to play the defensive anchor, with silver better suited as a tactical satellite that amplifies market moves. Together, they can complement each other, but they don’t serve the same role in a portfolio. 18 March, 2026 Why gold in 2026? An anchor for Indian portfolios Despite strong macroeconomic credentials, Indian financial markets have delivered softer returns amid currency weakness, subdued capital flows, rising global uncertainty. In this environment, gold has emerged as a notable outperformer. Its ability to provide effective diversification, act as buffer during periods of systemic stress, and a currency hedge, reinforces its strategic role in portfolios. For Indian investors, gold remains a resilient anchor for portfolio stability 17 March, 2026 Weekly Markets Monitor - Credit, where credit’s due Global markets faced a turbulent week as the West Asian conflict added to existing economic uncertainty. Economic data pointed to moderating US growth, flat UK GDP, and a sharp drop in Eurozone industrial production, while China continued to post large trade surpluses. 16 March, 2026 You asked, we answered: Are we running out of gold? Slow gold supply responses to the surging price raised concerns of its sustainability. And while “easy” gold mines might be depleted gradually, reserves should stay stable. And above-ground gold stocks should – though not all accessible – also help underpin total supply’s stability. Meanwhile, large gold mine discoveries should have limited short-term impact on the gold price. And coordinated production changes remain improbable. 12 March, 2026 Weekly Markets Monitor - What gives: oil or yields? Global markets remained under pressure last week. In the US, unexpected job losses, rising unemployment and weaker retail sales pointed to softening momentum, while private credit concerns persisted and the VIX rose. Eurozone inflation surprised on the upside amid risks from rising oil prices. 9 March, 2026 Gold Market Commentary: When the dollar turns on itself Gold gained 5% in February on dip buying, dollar weakness and softer US Treasury yields. Looking forward: Medium-term trend for the US dollar is likely to resume – post some near-term respite – and provide further support for gold prices. 5 March, 2026 Weekly Markets Monitor: Crisis hedge Last week, global developments were marked by inflationary pressures in advanced economies, uneven growth momentum, and a sharp escalation of geo-political tensions. US price pressures remained firm despite softer activity. Europe posted mixed inflation and patchy demand, China signaled cautious domestic demand, while India’s growth stayed robust. Escalating US–Israel–Iran tensions disrupted key energy and transport routes, heightening geopolitical and market risks. 2 March, 2026 Prev Page 5 of 69 Next Latest research Looking for insight and analysis on gold? Our team of experts produce market-leading research and macroeconomic commentary on gold.
Weekly Markets Monitor - Testing gold’s resolve Last week was marked by major central bank meetings and escalating geopolitical tensions. Most central banks, including the Fed, ECB, BoE, BoJ, held rates steady but highlighted rising inflation risks and signaled a hawkish bias, while the RBA hiked. Economic data was mixed, stronger in China but weaker across other major economies. 23 March, 2026
Gold the safe haven versus silver the wildcard Gold and silver may fall under the same “precious metals” umbrella, but they behave very differently. Gold’s balanced demand, deep liquidity and lower volatility make it a steady diversifier that typically shines during market stress, while silver’s industrial- heavy profile and thinner market leave it more cyclically exposed and with a higher‑beta. For investors, that means gold tends to play the defensive anchor, with silver better suited as a tactical satellite that amplifies market moves. Together, they can complement each other, but they don’t serve the same role in a portfolio. 18 March, 2026
Why gold in 2026? An anchor for Indian portfolios Despite strong macroeconomic credentials, Indian financial markets have delivered softer returns amid currency weakness, subdued capital flows, rising global uncertainty. In this environment, gold has emerged as a notable outperformer. Its ability to provide effective diversification, act as buffer during periods of systemic stress, and a currency hedge, reinforces its strategic role in portfolios. For Indian investors, gold remains a resilient anchor for portfolio stability 17 March, 2026
Weekly Markets Monitor - Credit, where credit’s due Global markets faced a turbulent week as the West Asian conflict added to existing economic uncertainty. Economic data pointed to moderating US growth, flat UK GDP, and a sharp drop in Eurozone industrial production, while China continued to post large trade surpluses. 16 March, 2026
You asked, we answered: Are we running out of gold? Slow gold supply responses to the surging price raised concerns of its sustainability. And while “easy” gold mines might be depleted gradually, reserves should stay stable. And above-ground gold stocks should – though not all accessible – also help underpin total supply’s stability. Meanwhile, large gold mine discoveries should have limited short-term impact on the gold price. And coordinated production changes remain improbable. 12 March, 2026
Weekly Markets Monitor - What gives: oil or yields? Global markets remained under pressure last week. In the US, unexpected job losses, rising unemployment and weaker retail sales pointed to softening momentum, while private credit concerns persisted and the VIX rose. Eurozone inflation surprised on the upside amid risks from rising oil prices. 9 March, 2026
Gold Market Commentary: When the dollar turns on itself Gold gained 5% in February on dip buying, dollar weakness and softer US Treasury yields. Looking forward: Medium-term trend for the US dollar is likely to resume – post some near-term respite – and provide further support for gold prices. 5 March, 2026
Weekly Markets Monitor: Crisis hedge Last week, global developments were marked by inflationary pressures in advanced economies, uneven growth momentum, and a sharp escalation of geo-political tensions. US price pressures remained firm despite softer activity. Europe posted mixed inflation and patchy demand, China signaled cautious domestic demand, while India’s growth stayed robust. Escalating US–Israel–Iran tensions disrupted key energy and transport routes, heightening geopolitical and market risks. 2 March, 2026
Weekly Markets Monitor - Testing gold’s resolve
Gold the safe haven versus silver the wildcard
Gold and silver may fall under the same “precious metals” umbrella, but they behave very differently. Gold’s balanced demand, deep liquidity and lower volatility make it a steady diversifier that typically shines during market stress, while silver’s industrial- heavy profile and thinner market leave it more cyclically exposed and with a higher‑beta. For investors, that means gold tends to play the defensive anchor, with silver better suited as a tactical satellite that amplifies market moves. Together, they can complement each other, but they don’t serve the same role in a portfolio.
Why gold in 2026? An anchor for Indian portfolios
Despite strong macroeconomic credentials, Indian financial markets have delivered softer returns amid currency weakness, subdued capital flows, rising global uncertainty. In this environment, gold has emerged as a notable outperformer. Its ability to provide effective diversification, act as buffer during periods of systemic stress, and a currency hedge, reinforces its strategic role in portfolios. For Indian investors, gold remains a resilient anchor for portfolio stability
Weekly Markets Monitor - Credit, where credit’s due
You asked, we answered: Are we running out of gold?
Slow gold supply responses to the surging price raised concerns of its sustainability. And while “easy” gold mines might be depleted gradually, reserves should stay stable. And above-ground gold stocks should – though not all accessible – also help underpin total supply’s stability. Meanwhile, large gold mine discoveries should have limited short-term impact on the gold price. And coordinated production changes remain improbable.
Weekly Markets Monitor - What gives: oil or yields?
Gold Market Commentary: When the dollar turns on itself
Gold gained 5% in February on dip buying, dollar weakness and softer US Treasury yields.
Looking forward: Medium-term trend for the US dollar is likely to resume – post some near-term respite – and provide further support for gold prices.
Weekly Markets Monitor: Crisis hedge