Gold Market Sees Opposing Forces: Chinese Buying vs. Indian Hesitancy

25.04.04

Chinese gold demand is rising as trade war fears push investors toward this safe-haven asset. Chinese dealers now charge $6-$13 per ounce above global prices โ€“ a notable shift from last week when gold traded between a $4 discount and $1 premium. Analyst Ross Norman explains this as a โ€œtwo-wayโ€ฆ

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