📉 Gold prices have fallen 30% from their January peak, now trading near $3,900. Yet institutional demand remained strong in Q3. Could gold return to $5,000? The World Gold Council’s latest Q3 report shows: 🔸 Gold ETFs added 211 tonnes, lifting total holdings to a record 4,256 tonnes. 🔸 Central banks purchased 321 tonnes, the fastest quarterly pace since Q4 2024. 🔸 China and Poland led reported central bank purchases, adding a combined 104 tonnes. Why is gold still falling? Geopolitical risks and reserve diversification continue to support gold demand. But inflation concerns, elevated Treasury yields and a strong dollar are weighing on prices. A sustained recovery may depend less on central bank buying alone and more on whether US real yields and the dollar begin to fall. Trade XAUT/USDT Spot on BloFin 👉 https://blofin.com/trade/en/spot/XAUT-USDT #Gold #XAUUSD