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China in a Frenzy for Gold, Up 45% Since 2022

China in a Frenzy for Gold, Up 45% Since 2022
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Why is China on a gold-buying spree? How is it affecting prices of the yellow metal?

Why is China on a gold-buying spree? How is it affecting prices of the yellow metal?
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Ruing or happy about gold s record-breaking rally? China is front and center of gold price surge

Gold has surged to record highs above $2,400 an ounce in 2024, with China at the forefront of the remarkable ascent. Geopolitical tensions and lower US interest rates have bolstered gold s appeal as an investment. Chinese demand, spanning retail shoppers to the central bank, continues to drive the rally.

China Is Front and Center of Gold s Record-Breaking Rally

China Is Front and Center of Gold s Record-Breaking Rally
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China is front and center of gold s record-breaking rally

China is front and center of gold s record-breaking rally
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