China's Equity Slide Boosts Gold Demand Ahead of Lunar New Year

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China's Equity Slide Boosts Gold Demand Ahead of Lunar New Year
ChinaEquity SlideGold Demand
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The sharp downturn in China’s equity markets and real estate sector is contributing to strong gold sales ahead of the Lunar New Year, and other currencies provide clues about when gold will hit new highs in USD, according to Phil Carr, cofounder of GSC Commodity Intelligence.

The sharp downturn in China ’s equity markets and real estate sector is contributing to strong gold sales ahead of the Lunar New Year , and other currencies provide clues about when gold will hit new highs in USD, according to Phil Carr, cofounder of GSC Commodity Intelligence.

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China Equity Slide Gold Demand Lunar New Year USD Highs

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