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Scott Bessent blames China’s margin crackdown for gold’s sudden crash after a record rally

Gold prices crashed last week after a record-setting rally, and Scott Bessent blamed it on reckless trading in China. Speaking live on Fox News’ Sunday Morning Futures, Scott said, “The gold move thing, things have gotten a little unruly in China. They’re having to tighten margin requirements. So gold looks to me kind of like […]

Scott Bessent blames China’s margin crackdown for gold’s sudden crash after a record rally