WTF Just Happened to Gold? (China? India? Or...)

#finance
#financement

For institutions: bespoke research and retainers, [email protected]

Gold just lost $10 trillion, and the Fed won't save it. On 28 October the Fed held at 3.75% to 4% in a 10-2 vote, both dissenters wanting another hike. So who dumped gold, who's still buying, and is this a shakeout or the start of a bear market? We went through futures reports, central-bank filings, Chinese customs data and Indian bullion prices.