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China Is Closing Retail Gold Trading. Here’s What It Really Means
On 24 July 2026, ICBC (the world’s largest bank by total assets) will permanently close retail gold and silver trading on the Shanghai Gold Exchange. Postal Savings Bank, Ping An, and China Guangfa did the same. The official reason is risk management. But coordinated exits from China’s gold market don’t happen without a deeper story. […]
Central Banks Are Selling Gold Right Now — And Still Buying More
Markets began the week with yet another reminder of just how quickly the picture can change. Gold briefly slipped below $4,000 an ounce yesterday before recovering above $4,070 today. Silver has rebounded more sharply, while oil climbed above $90 a barrel, up from less than $72 at the beginning of the month, around the level […]
