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China Gold Demand Surges Amid Tariff Shock and Stock Market Slump

Summary by Jerusalem Post
Gold demand soars across Asia as new U.S. tariffs rattle markets and trigger a stock sell-off. Investors rush to gold as a shield against uncertainty and economic turmoil.

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Ihab Wasef, head of the Gold and Precious Metals Division of the Federation of Industries, said that world markets were deeply concerned by developments in the Middle East conflict, which had led gold prices to record large leaps of more than 1.4%, with investors increasingly accepting safe havens.

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  • 67% of the sources lean Right
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الوطن broke the news in on Friday, June 13, 2025.
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