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MetalsDaily.com - GOLD retweeted
Ross Norman - (Former Rothschild Gold Trader) discusses who purchased the United Kingdom's Gold between 1999 and 2002.
British Chancellor of the Exchequer Gordon Brown sold roughly half of the UK's gold reserves—395 tonnes—for about $3.5 billion.
Today worth $61.6 billion
China's gold consumption patterns diverge amid volatile prices chinadaily.com.cn/a/202608/0…
MetalsDaily.com - GOLD retweeted
Chinese investors are rotating back into gold:
China's gold-backed ETFs have recorded 14 consecutive daily inflows ending Monday, the longest streak since March.
Over this period, these funds have attracted +$1.2 billion.
The largest single-day inflow during this streak totaled +$370 million.
Before this rebound, China's gold-backed ETFs recorded outflows in 38 of 44 trading sessions.
This comes as elevated volatility in China's stock market has renewed interest in alternative assets, particularly among institutional investors.
Chinese investors are increasingly bullish on gold.
Silver Outlook to Q2 2027: room to run, but not to sprint wisdomtree.com/gb/insights/b…
MetalsDaily.com - GOLD retweeted
Effective immediately, major CN banks have comprehensively lowered the entry threshold for the Accumulate Gold transactions, extended trading hours, reduced transaction fees to 0.2%, and exempted transactions from taxes to encourage public participation in the Accumulate Gold.
Chinese banks tighten retail gold trading amid price volatility cryptobriefing.com/chinese-b…
MetalsDaily.com - GOLD retweeted
China Gold Imports Soar To Two Year High, As Hong Kong Gold Bar Imports Surge Ahead Of Clearing System Launch zerohedge.com/precious-metal…
MetalsDaily.com - GOLD retweeted
Russia is selling its gold reserves at a rapid pace:
The Bank of Russia's gold holdings dropped -900,000 ounces in the first 4 months of 2026, to 73.9 million ounces, the lowest since February 2022.
Gold prices averaged ~$4,800 per ounce over the same period.
Therefore, if Russia sold gold at the market price, the sales are estimated to have generated ~$4.3 billion in proceeds.
Russia's central bank began reducing its gold reserves last year after the Finance Ministry liquidated gold and foreign currency assets from the National Wellbeing Fund to offset budget deficits driven by declining energy revenues.
Before the pandemic, the Bank of Russia used to be one of the world’s largest official gold buyers, taking in nearly all domestically mined output until it halted purchases in early 2020.
Russia is increasingly selling gold to raise cash.
METALS DAILY : Thank you to all who joined us last night ... as requested ... my speech here : lnkd.in/ehJi4j_y
ROSS NORMAN : India panics - burns the golden lifeboat. Article here : metalsdaily.com
MORGAN STANLEY : Is Gold Still a Safe Haven?morganstanley.com/insights/a…
DEUTSCHE BANK RESEARCH : The return of history: gold, the dollar, and the monetary future dbresearch.com/PROD/IE-PROD/…
War, Volatility, and Gold’s Shifting Role in a Fragile Global Order gjepc.org/solitaire/war-vola… via @GJEPCIndia
Gold Trading Desks Hauled In Record $3.9 Billion in 2025 startupfortune.com/gold-trad… via @Startup Fortune
ICBS : The Geopolitics of Gold: A New Arena for U.S.–China Financial Coexistence - Matteo Giovannini - CHINA US Focus chinausfocus.com/finance-eco…
