Shanghai Gold Exchange deliveries totaled 39.6 tonnes.
This is by far the largest amount of gold bullion transactions on the exchange this year.
Does price really matter? Perhaps to some.
Related: The Gold Market Manipulation Case and Timeline
“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception