Chinese households reportedly buy more gold as prices soften

Bloomberg reports that Chinese households bought more gold as prices softened over the two months leading up to Oct. 27, 2026. Trading in a Shanghai Gold Exchange contract reached 43 million lots the preceding week, but that volume does not measure household purchases. People working on bank gold-buying plans also told Bloomberg that purchases through those plans in the first nine months of 2026 exceeded the full-year 2025 total.