Gold's wild price swings in recent weeks are increasingly being linked to speculative trading in China by some analysts, with U.S. Treasury Secretary Scott Bessent attributing the heightened volatility to "unruly" Chinese activity. Gold prices jumped to a record high of $5,594 per ounce on Jan. 29 only to plummet nearly 10% the next day in its sharpest drop in decades. Since then, the yellow metal has struggled to consistently stay above the 5,000 level. While broader factors such as U.S.