Prop firm news

Central banks bought 321 tonnes of gold in a quarter: +42% year-on-year

The World Gold Council (an industry organization that tracks global demand for the metal) reported on Q3 2026: governments bought gold more actively than at any time since late 2024, and exchange-traded funds pushed their holdings to a record 4256 tonnes. The price, meanwhile, lost more than 6% in October.

For the first time since July, the gold price has fallen below $4000: down $116 in a single session

Gold fell below the round mark of $4000 per ounce for the first time since July, dropping to $3,986.85. The decline followed the collapse of US technology stocks: investors sold the metal to cover margin calls on other positions.