State of Chinese gold demand

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After surging during January-April, gold spent most of May-August stuck in the $3,200-$3,400 range. In late August, however, gold decisively broke out of the range to hit a new all-time high of >$3,600. The near-term catalyst for gold has been the ongoing threats to Fed independence, which has led to an increase in US investors’ demand for gold. But whi… Read more