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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (51483)2/9/2026 7:28:19 AM
From: Les H  Read Replies (1) | Respond to of 51503
 
Bessent sees ‘unruly’ Chinese trading behind gold price swings
María Paula Mijares Torres and Hadriana Lowenkron, Bloomberg
Updated Mon, February 9, 2026 at 1:13 AM EST

(Bloomberg) — Treasury Secretary Scott Bessent cited Chinese traders as a reason behind last week’s wild swings in the gold market.

“The gold move thing — things have gotten a little unruly in China,” Bessent said on Fox News. “They’re having to tighten margin requirements. So gold looks to me kind of like a classical, speculative blowoff.”

Bessent sees ‘unruly’ Chinese trading behind gold price swings

CME raised margin requirements two times before and into the blowoff and now two times after it's started to come back down.

CME raises gold and silver futures margins again amid continued volatility - CNBC TV18