Gold losing sheen despite geopolitical tensions, China's record buying; Here is all you need to know
Reported by Fortune India: “Gold losing sheen despite geopolitical tensions, China's record buying; Here is all you need to know”. Gold settled at $4,200 an ounce on October 12, 2026 — $135.05 per gram, -0.38% on the day. The story touches China: we track local prices and customs flows for those.
Geopolitical risk can increase safe-haven demand, but gold's response also depends on the dollar, liquidity and rate expectations. The cross-asset reaction matters as much as the headline.
- safe-haven demand
- US dollar
- oil and inflation
- market volatility
- duration of the event
- dollar reaction
- yield changes
- reserve and import data: China
This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.