Tiagong, Tiongkok Kia is paying 6% premium for Gold over spot price De woh

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Tiagong, Tiongkok Kia is paying 6% premium for Gold over spot price De woh

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27-09-2023, 01:50 PM

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Tiagong, Tiongkok Kia is paying 6% premium for Gold over spot price De woh

An honorable member of the Coffee Shop Has Just Posted the Following:

China’s Gold Prices Surge, Hitting a Record Against the World

Property crisis, falling yuan and tumbling yields boost demand
Focus switches to Golden Week to see if consumption continues

By Sybilla Gross
September 27, 2023 at 9:05 AM GMT+8

China’s suddenly full of gold bugs.
The market for bullion in China has surged this month, at times commanding a record premium over international prices of more than $100 an ounce, compared with an average over the past decade...

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