Demand for gold in Asia
is surging despite prices hovering near the record highs it hit
in May, industry officials say, as buyers snap up the metal to
hedge against geopolitical and economic. -June 11, 2024 at 07:30 pm EDT
- MarketScreener
Gold Rush Grips Asia Despite Near-Record Prices usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
China, the biggest
official sector buyer of gold, is expected to resume its bullion
shopping spree once prices ease from the record highs hit in
May, as the fundamental case for the metal remains,.
CHINA, the biggest official sector buyer of gold, is expected to resume its bullion shopping spree once prices ease from the record highs hit in May, as the fundamental case for the metal remains, industry players said at a conference this week.
China's Central Bank to Return to Gold Buying as Prices Ease, Analysts Say usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.