Nobody is selling gold. Bullion banksters in concert with the US government, LBMA, COMEX etc. are selling paper derivatives pretending it's gold. The China-based honest price discovery of gold and precious metals in general, can't come soon enough.
— TruthBeTold (@RuffledCanary) November 12, 2026
Investors keep buying gold ETFs while the price collapses
The World Gold Council reported that physically backed gold ETFs attracted 211 tonnes during the third quarter. That happened despite higher bond yields, a stronger dollar and easing geopolitical tensions. Meanwhile, the council cut its forecast for annual investment demand growth from 400 tonnes to 200 tonnes, citing weaker demand for bars and coins.
Gold hits a one-year low as investors dump the metal
Spot gold fell another 3%, hitting its lowest price since October 2025. It’s now down roughly 30% from January’s record high of $5,595 an ounce. A stronger dollar, rising oil prices and expectations of higher interest rates are putting pressure on gold.
Gold ETF holdings remain at record levels
Global gold ETFs added $41 billion during the first 10 months of 2026, the third-strongest start to a year on record. Holdings increased by 246 tonnes. European and Asian investors accounted for almost all the buying.
https://www.gold.org/goldhub/research/gold-etfs-holdings-and-flows/2026/11
If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.
1 view