Goldman Traders Report Surge in Gold Trading as Prices Hit New Records Gold prices are reaching new all-time highs, driven by relentless buying from central banks, particularly in China, and a notable increase in trading activity reported by Goldman Sachs traders. Hedge funds have become key indicators of central bank purchases, while ETF flows are turning positive alongside record gold imports from India and unprecedented demand in the US. The Federal Reserve’s recent rate cut has further propelled gold’s rise, as it was perceived as unnecessary given the current economic landscape. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts China’s Gold Market Thrives in April with Record ETF Inflows READ MORE Eastern Gold Rush: How Chinese Traders Are Reshaping the Global Bullion Market READ MORE Oil Reaches $85 for the First Time Since October READ MORE Why the Anticipated 2023 Recession Never Came READ MORE High Gold Prices Dampen Demand in Asia's Leading Markets READ MORE Add a Comment Cancel replyYour email address will not be published.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