
Gold and ‘nontraditional reserve currencies’ eat into U.S. dollar’s reserve dominance - Wolf Richter
(Kitco News) – Gold and other reserve currencies – but not the euro or renminbi – are steadily eroding the U.S. dollar’s position as the world’s preeminent reserve asset, according to Wolf Richter, analyst and publisher of Wolf Street.

Morgan Stanley, Citi and Goldman Sachs all grow more bullish on gold as prices pierce $3,100
(Kitco News) – Investment banking giants Morgan Stanley, Citigroup, and Goldman Sachs have all shared updated gold price projections for 2025 and beyond as the yellow metal’s bull run shows no sign of slowing, even as new tailwinds emerge to support today’s all-time high prices.

Kazakh miner Solidcore reports profit jump on high gold prices
Kazakh gold miner Solidcore on Monday said high gold prices and sales growth had almost doubled its net profit in 2024, but warned that the impact of sanctions on concentrate deliveries to Russia would hit first-quarter revenue.Solidcore, formerly Polymetal International, is the second-largest gold miner in Kazakhstan and expects to produce 470,000 gold equivalent ounces in 2025. The company sold its Russian assets in 2024 after its business there came under U.S. sanctions in response to Moscow’s military action in Ukraine.
