BREAKING | GOLD MARKET ALERT 🚨
🇺🇸🇨🇳 U.S. Treasury Secretary Scott Bessent says China fueled the recent surge and volatility in gold prices, calling it a “classic speculative blow-off.”
According to Bessent, the sharp rally in gold was driven by excessive speculation rather than fundamentals — a move that typically doesn’t last long.
This statement is a major signal for global markets, especially gold, crypto, and other risk assets.
📉 Volatility may remain elevated — stay cautious.
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