China, Trump and Gold
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The People’s Bank of China reported its 11th consecutive monthly gold purchase, adding 1.2t in September and pushing the Q3 total to 5t. Read more here.
Gold advanced to trade near its record as investors piled into the precious metal despite easing trade tensions and the prospect of the US government reopening.
Gold prices rose by over 2% on Monday, buoyed by expectations of further U.S. interest rate cuts and sustained safe-haven demand, as investors awaited upcoming U.S.-China trade talks and inflation data out of the U.
Gold and silver prices eased in global trade on October 21, 2025, with gold futures down 0.24% to $4,349.24 and silver off 1.72% at $50.50 per ounce. The pullback followed easing geopolitical tensions ahead of the planned Trump–Xi meeting.
Gold and silver touched all-time highs as fears about credit quality in the economy and heightened US-China frictions strengthened demand for havens, while investors piled into bets that the Federal Reserve could deploy an outsized rate cut this year.
Gold prices pierced the $4,200 mark for the first time to set a fresh record high on Wednesday, as renewed U.S.-China trade tensions exacerbated existing global uncertainties, alongside increased bets on further U.
The extraordinary surge in gold this year reflects investors’ growing unease about fiat currencies and the long-term health of global markets. Yet Tuesday’s drop highlights that even in bull markets,
Even as prices hit new record highs in September, Chinese gold demand rebounded in September as investors stepped back onto the stage.
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Bank of America just made a bold forecast. It says gold will reach $5,000 per ounce by 2026, a striking prediction that is fueled by a global rush into gold. Central banks, particularly in China and India,
Gold prices are soaring, reaching historic highs as China announces the discovery of its largest gold deposit, potentially holding over 1,000 metric t