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    <title>Gold on Blog | Metal Pilot</title>
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      <title>Gold — A Complete Market Guide (2026)</title>
      <link>https://blog.metalpilot.com/gold-complete-market-guide-2026/</link>
      <pubDate>Thu, 25 Jun 2026 10:00:00 +0200</pubDate>
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      <description>&lt;blockquote&gt;&#xA;&lt;p&gt;&lt;strong&gt;Data as of 25 June 2026.&lt;/strong&gt; Prices are quoted as multi-year and full-year &lt;strong&gt;averages&lt;/strong&gt;, not a single day&amp;rsquo;s snapshot, so this report stays useful over time. Reserves, production splits, balances, and historical series are estimates from agency data, rounded for clarity. This report is for information only and was prepared with AI assistance — see the disclaimer at the end.&lt;/p&gt;&#xA;&lt;/blockquote&gt;&#xA;&lt;p&gt;Gold is the oldest monetary asset still trading every business day, and in 2024–2025 it did something unusual: it set record highs &lt;em&gt;while&lt;/em&gt; nominal interest rates were high — a regime that normally works against it. This report is the free, big-picture primer on how the gold market actually works — where it comes from, who buys it, how its price is set, and which economic regimes favour it. For the company-level data behind the charts — every producer screened by production, reserves and cost — go to &lt;strong&gt;&lt;a href=&#34;https://metalpilot.com/dataset/stock/gold&#34;&gt;Metal Pilot&lt;/a&gt;&lt;/strong&gt;.&lt;/p&gt;</description>
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