- Gold held a decline as a jump in US inflation raised worries that the Federal Reserve will have to raise rates further.
- Gold was steady ahead of the US inflation data release on October 14, 2026.
- The China central bank has bought gold for 23 straight months, supporting global gold prices.
- Chinese households are shifting savings into bullion amid struggles in the property and local share markets.
Quotes
“Gold held a decline as a jump in US inflation stoked worries the Federal Reserve will have to raise interest rates further to keep prices under control.”
“the central bank stocking up for 23 straight months”