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Published 12 days ago

Chinese retail investors drive gold surge on Shanghai exchange

Summary by BizNews.com

Gold’s astonishing surge this year baffled analysts until a new player emerged: Chinese retail investors flooding the Shanghai Futures Exchange (SHFE). Despite global pressures like rising Treasury yields and a strong dollar, SHFE’s volumes tripled, driving gold prices skyward. With China’s historical affinity for gold and recent market turbulence, the influx signals a significant shift in gold trading dynamics. But as prices waver, the debate o…

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Chinese retail investors drive gold surge on Shanghai exchange

Gold’s astonishing surge this year baffled analysts until a new player emerged: Chinese retail investors flooding the Shanghai Futures Exchange (SHFE). Despite global pressures like rising Treasury yields and a strong dollar, SHFE’s volumes tripled, driving gold prices skyward. With China’s historical affinity for gold and recent market turbulence, the influx signals a significant shift in gold trading dynamics. But as prices waver, the debate o…

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