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China has been buying the gold dip, and these analysts say a comeback is brewing
Gold topped out at $5417 in January, 2026. Once the price began falling, China started buying. The price of gold has fallen by a quarter since its all-time high on January 28. More than one analyst thinks it's oversold and that a reversal is coming with buying from central banks the chief locomotive for any move upwards. The modern gold rush petered out in the first quarter when markets began discounting possible Fed hikes in the future rather than cuts. Analysts Michael Schaus and Matthew Finkelstein at U.S. research boutique Zweig-DiMenna pointed to renewed buying from the Chinese central bank as a very good ... (full story)
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