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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 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 rush for gold continues as economic uncertainty deepens and anxious investors seek a safe haven for their money.
China aims to become custodian of foreign sovereign gold reserves in a bid to strengthen its standing in the global bullion market, according to people familiar with the matter.
Doug McIntyre and Lee Jackson discuss the recent surge in gold prices, which have climbed toward $4,000 per ounce after years of steady gains. Lee explains that gold’s rise is being fueled by investors seeking alternatives to an overheated stock market and by heavy buying from central banks,
Gold prices surged to a fresh record high in Asian trading on Wednesday, extending their winning streak for the third consecutive session as growing expectations of imminent U.S. interest rate cuts and renewed U.
Gold futures at New York hit a fresh all-time high of $4,289.90 per ounce on Thursday, 16 October 2025, amid US-China trade tensions. Here's how much gold is currently trading
Gold surged past $4,000 an ounce, up 50% this year, driven by investor fears over government debt, a weaker dollar, a buying spree by China’s central bank, and concerns the AI stock boom may collapse.
China’s restrictions on rare earths is a reminder of a much deeper problem, as countries scramble for key resources in a bid to secure their future.
Gold prices are soaring, reaching historic highs as China announces the discovery of its largest gold deposit, potentially holding over 1,000 metric t