China and gold

GLDS
GLDS_blog
Published in
1 min readJun 1, 2020

Demand for gold in China is starting to increase! Business Recorder analysts attribute this to the fact that Chinese investors have a more systematic approach to buying precious metals than their counterparts from other countries.

Thus, the recent decline in the price of gold was a trigger that provoked activity from Chinese investors.

According to experts, demand in the Chinese gold market will continue to recover. From May 1 to May 5, there were public holidays in China, during which a large amount of precious metal was sold.

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