Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding

NewsTue, 11 Aug 2026 17:40:02 UTC2 hours ago
Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding
Gold muscled back above $4,400 an ounce this week, hitting its highest level in roughly two months as a brutal U.S. jobs print, relentless Chinese central bank buying, and suddenly softer Federal Reserve expectations sent traders scrambling back into bullion. The metal ran as high as roughly $4,434 to $4,435 before sellers finally stepped in. [โ€ฆ]
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