Gold MarketsAllocated vs Unallocated Gold: The Difference That Matters in a Crisis
The terms sound technical but the legal distinction is enormous. Allocated gold is yours; unallocated gold is a claim. Here is what that really means.
May 8, 2026
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Gold Markets
Gold MarketsThe Case for $3,000, $5,000 and $10,000 Gold: Three Scenarios Mapped
Major banks publish targets across a wide range. Here is the actual reasoning behind each, the assumptions required, and the probability the market is currently pricing.
May 8, 2026
Gold MarketsWhy Gold Usually Loses When Real Rates Rise (And When It Does Not)
The single most reliable headwind for gold is rising real yields. The mechanism is simple, the historical record is clear, and the recent exceptions are instructive.
May 8, 2026
Gold MarketsThe Gold-Silver Ratio: When 80, When 100, and What It Really Tells You
From 15:1 in the bimetallic era to 125:1 during the COVID panic, the gold-silver ratio is the most misunderstood signal in precious metals. Here is how to read it properly.
May 8, 2026
Gold MarketsHow the London PM Fix Actually Sets the World's Gold Price
Every day at 3pm London time, a small group of banks settle a benchmark that prices billions in gold contracts. Here is how the LBMA Gold Price really works.
May 8, 2026
Gold MarketsShould Gold Replace Part of Your Bond Allocation? The Real Math
With sovereign bonds offering negative real returns through much of the last decade, allocators are asking whether gold deserves a permanent home in the fixed-income sleeve.
May 8, 2026
Gold MarketsThe Gold and US Dollar Correlation: What Actually Drives the Inverse Move
Everyone knows gold and the dollar move opposite each other — until they don't. Here is the mechanical reason, the historical exceptions, and how to use the relationship.
May 8, 2026
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Gold MarketsSpot Pricing & LBMA Fix: 2026 Cluster Hub
Everything published in Gold Markets > Spot Pricing & LBMA Fix, organised for 2026.
May 6, 2026
Gold MarketsPhysical Premiums: 2026 Cluster Hub
Everything published in Gold Markets > Physical Premiums, organised for 2026.
May 6, 2026
Gold MarketsRecycled Gold: The Hidden 30% of Global Supply
Recycled gold supplies roughly a third of total annual demand and reacts to price faster than mining. Understanding the flow changes how you read the market.
May 6, 2026