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Gold prices may yet to hit their ceiling as multiple uncertainties fuel risk aversion. International spot gold price once approached the historic mark of US$2,200 per ounce. Domestic retail price of pure gold in China is also rising, approaching RMB 670 per gram. Aakash Doshi, head of North American commodities research at Citibank, said gold prices could soar to $3,000 an ounce in the next 12 to 18 months. The most likely factor leading to this situation is the accelerated de-dollarization of central banks in emerging markets. ....
On December 13, at Aodechuan Automation Technology Co., Ltd. in Zhangshu City, Jiangxi Province, the staff of Yichun Zhangshu Sub-branch of Bank of Jiangxi came to the door to promote the financial preferential policies to the person in charge of the company (middle). "Supported by the monetary and credit-side policies, the credit and social financing data in November both improved month-on-month, and the demand for credit in the real sector has picked up, but it is still at a relatively low level in history. ....
[economic recovery slows in the third quarter GDP breaks the pressure in the fourth quarter. Will there be a big move in macro policy? Market participants expect that the current economic situation makes the market worried about "stagflation". It is expected that macro policies will tilt in the direction of stable growth in the later stage, but the intensity of the policy will also be relatively gentle and moderate. ....