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Analysts: Gold Rush In China Is Propping Prices Up

Sergio Goschenko

06 May 2024

Analysts: China's Gold Rush Is Propping Prices UpThe interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts believe that the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S. sanctions have contributed to this end. China […]


Economics
central bank buying
China
Crypto
Cryptocurrency
gold
investment
PBOC
private demand

https://news.bitcoin.com/analysts-china-gold-rush-is-propping-prices-up/

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