fred hickey(@htsfhickey):As usual, the Chinese are doing their part: opportunistically buying when the West (mostly speculators currently) are dumping gold. Gold options & futures expirations today & tomorrow (always a tricky period for gold) and FOMC meeting tomorrow as well. We should have a better idea about whether we've already seen the gold bottom (a successful retest - which is my suspicion) over the next few days.

2026.10.27 19:27

As usual, the Chinese are doing their part: opportunistically buying when the West (mostly speculators currently) are dumping gold. Gold options & futures expirations today & tomorrow (always a tricky period for gold) and FOMC meeting tomorrow as well. We should have a better idea about whether we've already seen the gold bottom (a successful retest - which is my suspicion) over the next few days.

Bloomberg@business

2026.10.27 07:50

Chinese households’ appetite for gold has grown over the past two months as prices soften and onshore equities lose their shine, providing support at a time when bullion is testing $4,000 an ounce