China’s Gold Demand SurgesChina spent nearly $160 billion on gold in the last 8 months, even as prices reached $5,595 this year.
The government sees gold as a safe store of funds with no counterparty risk. Domestic investors are also turning to it as real estate and stocks struggle, while the 10-year bond yield is just 1.67%.
China imported more than 1,000 tonnes this year, exceeding its entire 2025 volume. Demand shows no sign of fading.
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