China’s updated trading rules for gold and silver squeeze speculators, but quality purchases are rising
- Gold
- Platinum
- Silver
People in China are buying more gold
Commodity analysts have been warning that gold’s rally to record highs above $2,400 created dangerously overbought market
Gold and Silver Prices Reach New Heights in the Past Month
Gold’s Mystery Buyer
Gold price eases back after shattering new highs
The Federal Reserve’s signal that it still sees the potential for three rate cuts this year, even as inflation remains above its 2% target, has helped propel gold prices to new record highs.
However, some analysts have said that the gold’s true light will shine when the central bank actually embarks on its easing cycle. Some…