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 What’s next for gold? READ MORE Fed's Hesitation on Rate Cuts Sends Oil Markets Downward READ MORE Argentina's Inflation Eases in Milei's Debut Month Amid Economic Overhaul READ MORE Silver to see second-highest deficit in 20 years, as record industrial demand rises 9% in 2024 – Silver Institute’s World Silver Survey READ MORE China's Economic Woes Lead to Record Gold Buying Spree READ MORE Add a Comment Cancel replyYour email address will not be published.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
