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China Drives Bullion Demand as Central Bank and ETF Gold Purchases Surge

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • China is driving sustained global gold demand through record central bank reserves, expanding institutional access, and surge in retail bar and ETF purchases.
  • Hong Kong is also expanding storage capacity tenfold to over 2,000 tonnes, positioning China as a central hub for global physical bullion trading.
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4408.90 -4.49% over the displayed period

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