Strong gold demand continues, driven by central bank buying and resilient physical investment demand.
Inflation expectations and real interest rates remain key drivers for the gold price outlook.
Gold mining stocks show strong earnings and cash flow, with valuations remaining relatively low.
sefa ozel/iStock via Getty Images
Global gold demand rose 2% YoY in Q1 2026, driven by central bank buying and bar and coin purchases. Newmont (NEM) and Agnico Eagle (AEM) posted record earnings despite low valuations.
