Gold Drops as China Makes Biggest Buy in 17 Months — Why It Matters
In today’s update: Gold fell 2.62% and silver dropped 8.69% as the dollar rallied, producer prices hit a three-year high, and the Trump‑Xi summit produced no major deal. Behind the gold decline: China’s central bank increased purchases to a 17‑month high. As of Friday, May 15, 2026, gold trades near $4,530.10 and silver around $76.29. … Read more