Kagutsuki Takaaki 『Weekly Gold Market Outlook』 April 6, 2026 issue

Takakumi Takanori Kaburagi, President and CEO of Investment Daily News, a pioneer in astrology market analysis and a leading figure in financial cycle analysis, writes a weekly report on gold price outlook.

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Last week's New York gold futures (near month) closed at 4,679.7 dollars, up 187.2 dollars from the previous week. The Iran situation, with no clear exit in sight, is having a major impact on the gold market. Notable news includes Turkey Central Bank’s gold sales. Below is information from Reuters on the 2nd.

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The Turkish central bank's gold reserves fell by 69.1 tons last week to 702.5 tons, according to data released by the central bank on the 2nd. Combined with the 49.3-ton decrease the previous week, this is a decline of over 118 tons in two weeks. Authorities are aiming to mitigate market impacts from the Iran war. The size of the weekly decline since Turkey began publishing the data in 2013 is the largest on record, reflecting decisions to sell gold or swap it for lira or foreign currency to raise funds.

For the continuation, please refer to the PDF file.

【Takakumi Takao Kaburagi – Profile】

Graduated from Kwansei Gakuin University Faculty of Economics. In 1995, partnered with the world-renowned U.S. market analyst Raymond Merriman and issued the domestic first market cycle and astrology reports. He is known for his analysis leveraging cycles and astrology. President & CEO of Investment Daily News, Ltd., President & CEO of Investment Daily Publishing Co., Ltd., member of the Japanese Technical Analysts Association, and editor-in-chief of 'Investment Daily Alpha'.

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