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Gold

Chinese Gold Traders Reach Record Positions While Western Investors Hold Back

Gold Pulls Back After Record Run — What Comes Next?
Gold Pulls Back After Record Run — What Comes Next?

Chinese gold traders on the Shanghai Futures Exchange (SHFE) have reached record-high positions in gold, even as Western investors and ETF flows remain flat.

While Chinese speculators are actively buying, Western traders are waiting for the next catalyst.

This split between Eastern buying and Western hesitation suggests gold prices may trade sideways in the near term, though several potential catalysts could trigger the next upward move.

Eight more from the desk

Other dispatches from the bullion wire.