China Resumes Gold Buying China has resumed buying precious metals, boosting bullish sentiment in the market. The Shanghai Futures Exchange holds significant positions in gold and silver, and Chinese Gold ETFs continue to see inflows. In the West, traders are cautious, waiting for more certainty on Federal Reserve rate cuts. Commodity Trading Advisors are expected to increase their net long position in platinum by 16%, further supporting the bullish trend. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold's Summer Slump? Market Experts See Sideways Trading Before Potential Upswing READ MORE World Gold Council Survey: 29% of Central Banks to Increase Gold Holdings in 2024 READ MORE Jobs Report Shakes Up Fed Rate Cut Expectations, Bolsters Dollar READ MORE High Oil Prices Halt Biden's Plan to Replenish Strategic Reserve READ MORE UBS: Gold's Record Rally Has Room to Run Despite $2,500+ Prices READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment