Chinese Create A Gold Rush As Property Prices Crash In China
Chinese people have started a gold rush as property crashes. Sales of gold, silver, and jewellery have been brisk for months
Source: chiangraitimes.com
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Chinese buying set the stage for gold's latest record run
The gold rally, triggered by bets on the US Federal Reserve's pivot to looser monetary policy, was fueled by investment funds and algorithmic traders, while central banks, especially China, continued to make massive purchases. Geopolitical risks further supported the rally as gold prices reached record highs. After months of mostly treading water, the gold market suddenly sprang to life last Friday. Prices breached Decembers record on Tuesday and have jumped to successive daily highs ever since.
Source: indiatimes.com
Forget Willy Wonka, could investing in GOLD be the golden ticket?
This week the gold price hit a record high, coming in at above $2,100 an ounce and making investors wonder if they should add a little lustre to their portfolios.
Source: dailymail.co.uk
Forget Willy Wonka, could investing in GOLD be the golden ticket?
This week the gold price hit a record high, coming in at above $2,100 an ounce and making investors wonder if they should add a little lustre to their portfolios.
Source: thisismoney.co.uk