World Gold Council

“"Gold is currently down 7% y-t-d, but this modest drop masks a dramatic rollercoaster ride," the World Gold Council wrote in its mid‑year outlook for the metal.”

“Slowing momentum accounted for around a 4% drop in gold's monthly price return in June, according to an analysis from the World Gold Council.”

“The World Gold Council said it believes gold will most likely remain range‑bound, but sees the potential for the metal to fall as low as $3,500 an ounce by the end of the year if it continues to see …”

“Estimates of the gold reserves held by Saudi Arabia have been doubled to 323 tons after an accounting change.”

“The Middle East kingdom had previously been calculated by the World Gold Council as owning a mere 143 tons.”