Gold Prices Sink as China Dumps Stockpiles

Gold Prices Sink as China Dumps Stockpiles

Gold prices tumbled due to near-record liquidations in China following a period of significant purchases, reversing a recent upward trend in the market.

Gold Pullback – What’s Going On?

from Liberty and Finance CALL US: 1-888-81-LIBERTY (1-888-815-4237)10 oz Royal Mint Silver coins: $2.99 over spot/oz1 oz Gold Maple Leaf: $69.00 over spot1/10 oz Platinum Britannia: …

Gold prices drop 2% after key bid evaporates when Chinese investors go on holiday

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Gold Digger: Turns out China can screw with gold prices as well

Gold pares back gains after Trump’s team go soft on tariffs But Chinese market gold selling played a big role ahead of a key public holiday week Dateline storms higher on Trump endorsement After bounding powerfully to US$3500/oz in mid-April, the Trump administration’s attempts to thaw relations with every trading partner it’s put offside in recent weeks has brought a touch of reality back to the precious metal. Tariff talks have, supposedly, be…

Chinese Investors Liquidate Nearly 1 Million Ounces of Gold After Record $3,500 Peak Ahead of May Day, Bitcoin Gains Interest

Gold prices experienced a historic surge in mid-April, reaching a record high of $3,500 per ounce, largely driven by substantial inflows into Chinese gold ETFs and retail investor demand. However, this momentum has reversed as Chinese investors have aggressively liquidated their gold holdings, selling nearly 1 million ounces across the Shanghai Futures Exchange and Shanghai Gold Exchange. This liquidation, one of the largest on record, occurred …

The sudden correction in the price of gold, after reaching historic peaks, has been driven by a significant pause in Chinese demand and mass sales prior to the Labor Day holiday. The impact of these movements stirs international markets and reveals how China’s role in global pricing is much greater than is generally recognized. *** Chinese traders sold nearly 1 million ounces of gold before the holiday, causing a sharp drop in price. Gold spot p…