CommoditiesMedium•15 October 2026•
1 min read
Gold Rebounds as China Treasury Buying Reports Pressure US Yields
Key Facts
1Gold price (XAU/USD) rebounded firmly following reports of China purchasing US Treasuries.
2Reports of Chinese buying activity caused US Treasury yields to drop, boosting the appeal of non-yielding gold.
Gold price (XAU/USD) rebounded firmly following reports of China purchasing US Treasuries. FXStreet reported that these buying activities caused US Treasury yields to drop sharply, boosting the appeal of the non-yielding yellow metal.
The decline in yields reduced the opportunity cost of holding gold, leading to a firm technical and fundamental price recovery on October 15, 2026. This price action was driven by geopolitical capital flows that significantly pressured the US yield curve.