The Gold Lens · Topic
Investment Demand
3 analyses on how Investment Demand is shaping the gold market.
Who Sold Gold in September?
Gold fell 8.5% in September. In the same month, funds holding physical gold took in $10 billion and China’s central bank made its largest purchase in three years. Ownership rose while the price fell. The selling came from the futures market, and that tells you what kind of fall this was.
12 October 2026 · 8 min read
The Western Buyers Came Back
In June, Western investors were pulling billions out of gold funds. In August they put in $18 billion — the second-largest month on record — and gold rose 13%. What brought them back was not a bet on the Fed, and that matters more than the rally.
15 September 2026 · 8 min read
East and West Are Trading Gold in Opposite Directions
Asian investors bought the rally to record highs while North America sold the top in March, then returned. The widening gap between East and West is now the defining feature of gold's demand picture.
11 June 2026 · 6 min readBrowse Other Topics