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Surge in China’s Demand for Gold Is Slowing as Economy Stumbles
The jitters affecting the world’s second-biggest economy are starting to feed through into China’s gold market. Source: Bloomberg: Published Jun 19, 2023 • 2 minute read (Bloomberg) — The jitters affecting the world’s second-biggest economy are starting to feed through into China’s gold market. Article content A surge in purchases by Chinese residents, driven by pent-up demand…
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Gold appealing to younger family office investors amid market volatility
Source: CRAIN CURRENCY | Marcus Baram Jun 15, 2023 KRISTINA RUOTOLO For centuries, gold has retained an allure as a safe-haven asset, especially during times of turbulence and market volatility. Family offices and ultra-high-net-worth investors — using gold as part of their asset diversification strategy — have recently helped boost its price, which has increased…
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