Surge in China’s Demand for Gold Is Slowing as Economy Stumbles
Spike in purchases driven by nation’s reopening after Covid Shanghai bullion slumps to a discount to international prices
Surge in China’s Demand for Gold Is Slowing as Economy Stumbles
Spike in purchases driven by nation’s reopening after Covid Shanghai bullion slumps to a discount to international prices
19 June 2023 at 10:26 pm GMT-4
The jitters affecting the world’s second-biggest economy are starting to feed through into China’s gold market.
A surge in purchases by Chines…