World Gold Council Report: Asian Traders Increasingly Shape Gold Price Discovery

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According to the World Gold Council's mid-2026 outlook report released on June 30, intraday analysis shows that most gold price movements correlate with market activity during Asian and U.S. trading sessions. The report notes that gold price pullbacks predominantly occur during U.S. trading hours, while price rebounds are commonly observed during Asian trading hours.

These patterns underscore the rising importance of Asian investors and consumers in price discovery and gold price direction.

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