Gold Fell. China Bought Its Most in 17 Months. Here’s Why.

Five things drove gold and silver lower this week — a stronger dollar, spiking Treasury yields, the hottest US producer inflation in over three years, a new Federal Reserve chair, and a Trump-Xi summit with no deal. All five are documented and short-term. Meanwhile, the People’s Bank of China quietly made its largest gold purchase in 17 months. That contrast is the story.
What the Warsh Hearing Means for Gold Prices

Kevin Warsh’s confirmation hearing is the most consequential signal for gold prices in months. Three scenarios, three outcomes — and one structural force that shapes gold’s floor no matter which way the vote goes.
Is Now a Good Time to Buy Gold? Here’s the Macro Case

Gold has pulled back 13–14% from its January all-time high of $5,589. The dollar is weakening, the IMF has cut its growth forecast, and central banks bought 863 tonnes of gold in 2025. Here’s what the macro picture is signaling.
