GoldFix

GoldFix

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

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VBL
Jun 20, 2023
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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…

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