Why is the gold price falling? Who is selling gold?
Why Is The Gold Price Falling?
November 12 (King World News) – Lukas Ekwueme: Why is the gold price falling… Something doesn’t add up.
Gold is pouring into ETFs as if the price were about to hit new all-time highs…
Meanwhile, gold itself is at its lows for the year.
Central banks are buying record amounts.
China is buying record amounts.
So who the hell is selling gold?
Gold Buying Spree Accelerates
The Kobeissi Letter: BREAKING: Global central banks bought +321 tonnes of gold in Q3 2026, their largest quarterly purchase since Q4 2024.
This also marks their 5th-largest quarterly purchase on record.
Central bank gold purchases were up +8% from +296 tonnes acquired in Q2 2026 and up +453% from Q1 2026.
By comparison, the 5-year quarterly average stands at +227 tonnes.
China and Poland led Q3 demand, adding +63 tonnes and +40 tonnes, respectively.
Year-to-date, global central banks have purchased +675 tonnes of gold, up +6% from the same period in 2025.
Central banks are aggressively buying the dip in gold…
Listen to the greatest Egon von Greyerz audio interview ever
by CLICKING HERE OR ON THE IMAGE BELOW.
Who Is Selling Gold?
Casey Donaldson: Who in their right mind is selling gold?
Gold is falling as the Fed signals more rate hikes.
The argument: higher rates make Treasuries more attractive.
So why are central banks selling Treasuries and buying gold?
The biggest, best-informed buyers on earth are doing the opposite of what the yield chart says.
Because higher rates also make it impossible for the US to refinance its debt.
Rate hikes don’t strengthen the Treasury story. They stress it.
Retail trades the rate move. Central banks trade the system.
You need more gold in your vault.
US Dollar Surge
Lukas Ekwueme: The dollar is surging… This is not good.
The world is now getting squeezed from two sides…
Inflation and a surging dollar.
This raises the risk that foreign countries sell USTs to fund domestic needs.
Foreign demand for USTs has already plunged 60% YoY…
And it might turn negative.
ALSO RELEASED!
The Last Time This Happened Silver Skyrocketed A Staggering 487%! CLICK HERE.
This Is Why Gold, Silver & Oil Are Headed Way Higher Than 1970s Bull Market CLICK HERE.
GOLD ALERT: US Desperately Moves To Ramp Up QE CLICK HERE.
What Is About To Happen In The Silver Market Will Be Historic CLICK HERE.
Michael Oliver – Don’t Believe What The Media Is Telling You About Gold & Gold Stocks CLICK HERE.
© 2026 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. However, linking directly to the articles is permitted and encouraged.
