Kitco
28 Jul 2026, 00:59 UTC · 7w ago
Verdict
Headline takes no side. We score 1398.HK −0.20 across five claims — slightly bearish.
−0.20slightly bearish
More negative than 70% of ticker scores this week
What the story claims
5 claims · scored −1 bearish … +1 bullish
Gold has overtaken U.S. Treasuries as the second-largest global reserve asset, reaching approximately 27% of global reserves by the end of 2025.
More positive than 98% of claims this week
Foreign appetite for U.S. Treasuries has declined to approximately 12% of the outstanding total from a historical average of 35%.
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5 related stories
Scored by the NIS engine · methodology.
Top 1 mover · tap to explore
More positive than 96% of claims this week
Central bank demand for gold has remained consistently high, averaging around 1,000 tonnes annually over the last five years.
More positive than 91% of claims this week
China is aggressively buying gold, silver, copper, and oil during price dips, with gold and silver demand reportedly 150% to 200% above last year's levels.
More positive than 84% of claims this week
Price discovery for gold is shifting from the U.S. COMEX toward Shanghai as gold becomes a top U.S. export by value.
So whatA shift in the center of gravity for price discovery reduces the influence of Western financial institutions on the valuation of precious metals.
More positive than 76% of claims this week
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Invezz
4h ago
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No price for 1398.HK right now — the quote feed didn't answer.
1398.HK chart →
