China's Growing Gold Appetite In this week’s Market Wrap Podcast with Mike Gleason, the focus is on China’s escalating gold purchases against a backdrop of seemingly positive economic data and stock market highs. Despite a reported 3.3% growth in the U.S. GDP for the fourth quarter, there’s skepticism about the sustainability of this growth, with projections of a potential decline in the coming quarters. This uncertainty is partly fueling China’s public to turn towards gold, highlighting a trend of increasing interest in precious metals as a hedge in times of economic instability. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Dollar Heads for Best Run in a Year as Fed Seen Delaying Cuts READ MORE Kazakhstanis Keeping Less Foreign Currency, Buying More Gold READ MORE Hot US jobs report tempers Fed rate cut outlook READ MORE Central banks bolster gold reserves further in February, albeit at a slower pace READ MORE Opinion: Cutting interest rates is misguided – the easy money would only fuel inflation READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment