Once again, the Pebble mine project in Alaska takes the #1 spot.

The Fed caved on its last quantitative-tightening attempt, abandoning it years early.

Demand revived after two bleak years as Indians once again flocked to jewelry stores in 2021 as fears of the pandemic eased.

Gold prices slipped below its 100-day and 200-day moving averages in the last session.

China's gold consumption last year rose by over a third from 2020, led by uptake of gold jewelry.

The miner posted a 10% sequential rise in second-quarter gold output, driven by higher throughput rates and increased mill capacity at its Cadia project.

The PureGold mine is one of the highest grade gold mines on the globe, with probable resources averaging 8.97 g/t gold.

Despite the latest setback, Goldman Sachs has raised its 12-month outlook for gold to $2,150/oz from $2,000/oz.