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Financial Times: How China Is Driving Gold Higher

LONDON, 27 April 2024 – Comment from DppsVault appears in the Financial Times' weekend edition today as part of a look at how China's household and investor demand has been driving the latest all-time highs in global gold prices.

Taking their cue from the Chinese central bank's own buying, "An awful lot of private wealth is going to be running into gold as there's nothing else to buy," the FT quotes Adrian Ash, director of research.

Read the full story in today's Weekend FT or online with a subscription to the Financial Times here:

Is it too late to invest in the gold rush?

Source: 
Financial Times