Gold is trading above $4,350 an ounce, holding near its all-time high of $5,589 set back in January.
The interesting part isn't just the price, it's what's holding it up. The Fed just raised rates for the first time in three years, which normally hurts gold since it makes non-yielding assets less attractive. Instead, gold barely moved. Chinese imports through August already topped 1,000 tons, more than all of 2025, and central banks keep buying too.
That combination, rate hikes plus record demand plus geopolitical noise around today's UN General Assembly speeches, is why gold keeps holding this range instead of correcting.
The number worth watching isn't the price, it's whether central bank buying slows once rates stay higher for longer.
#Gold #xauusdt #commodities #CryptoNews #BinanceSquare
The interesting part isn't just the price, it's what's holding it up. The Fed just raised rates for the first time in three years, which normally hurts gold since it makes non-yielding assets less attractive. Instead, gold barely moved. Chinese imports through August already topped 1,000 tons, more than all of 2025, and central banks keep buying too.
That combination, rate hikes plus record demand plus geopolitical noise around today's UN General Assembly speeches, is why gold keeps holding this range instead of correcting.
The number worth watching isn't the price, it's whether central bank buying slows once rates stay higher for longer.
#Gold #xauusdt #commodities #CryptoNews #BinanceSquare
