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Treasury Secretary Scott Bessent Attributes Recent Gold Market Volatility to Chinese Traders
Treasury Secretary Scott Bessent pointed to Chinese traders as a key factor behind the recent wild swings in the gold market. This highlights the significant influence of Chinese market participants on global commodity fluctuations.
Date:
08.02.2026 |
Source:
FOR-EX.NEWS
Quotes
| Instrument | Price | Change (%) |
|---|---|---|
| EURUSD | 1.181410 | -0.022849% |
| GBPUSD | 1.359630 | +0.53163% |
| USDJPY | 157.137000 | +0.080249% |
| XAUUSD | 4959.028400 | +3.73072% |
| USDCAD | 1.366150 | -0.35012% |
| NZDUSD | 0.601970 | +1.19259% |
| USDCHF | 0.775120 | -0.33815% |
| AUDUSD | 0.701560 | +1.2966% |
| EURGBP | 0.868250 | -0.18279% |
| EURJPY | 185.607000 | +0.35035% |
| GBPJPY | 213.683000 | +0.40964% |
| AUDJPY | 110.223000 | +1.21778% |
| CADJPY | 114.942000 | +0.35535% |
| CHFJPY | 202.757500 | +0.40579% |
| NZDJPY | 94.535000 | +1.18812% |
| GBPCHF | 1.054570 | +0.078693% |
| EURCHF | 0.916490 | -0.06593% |
| USDMXN | 17.230620 | -1.33974% |
| USDZAR | 16.028700 | -1.36185% |
| USDTRY | 43.404520 | -0.44789% |
| USDRUB | 76.985000 | +0% |
| USDSEK | 9.014400 | -0.37058% |
| USDCNY | 6.938300 | +0.014415% |
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