China’s Reduced Physical Gold Demand Cools Prices After May Peak

Publikováno: 14.6.2024

#Economics #central bank policies #China demand #economic trends #Federal Reserve #gold consumption #gold market #Gold Prices #inflation trends #Market predictions

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China's Reduced Physical Gold Demand Cools Prices After May Peak

While gold reached a record high in May at $2,450 per ounce, it has since settled at $2,329 per ounce. According to the World Gold Council, China’s demand for gold fell in May to its lowest level in four years. Gold Prices Down from Record High, China Physical Consumption Slumps, Analyst Expects Slight Decline Gold […]