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China in a Frenzy for Gold, Up 45% Since 2022

China in a Frenzy for Gold, Up 45% Since 2022
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Why is China on a gold-buying spree? How is it affecting prices of the yellow metal?

Why is China on a gold-buying spree? How is it affecting prices of the yellow metal?
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What is TINA and how is it affecting gold prices?

Some attributed it to the deteriorating global environment, while others cited the conflicts in the Middle East and Ukraine.

Ruing or happy about gold s record-breaking rally? China is front and center of gold price surge

Gold has surged to record highs above $2,400 an ounce in 2024, with China at the forefront of the remarkable ascent. Geopolitical tensions and lower US interest rates have bolstered gold s appeal as an investment. Chinese demand, spanning retail shoppers to the central bank, continues to drive the rally.

China Is Front and Center of Gold s Record-Breaking Rally

China Is Front and Center of Gold s Record-Breaking Rally
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