Chinese investors pile into gold funds at record pace
Summary by Financial Times
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4 Articles
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Gold Tumbles On Near-Record Chinese Liquidations - Nemos News Network
Just one week ago, China seemingly couldn’t get enough of gold, and the price of spot briefly touched a record $3500 as a result of, among other things, staggering inflows into Chinese gold ETFs such as the Huaan Yifu, Bosera and Guotai gold ETFs. But, as with all things momentum-based in China, it’s easy come, easy go in the land of Dragons, and as Goldman commodity trader Adam Gillard writes, China liquidated what it bought last week ahead of …
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Total News Sources4
Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
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- 100% of the sources are Center
100% Center
C 100%
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