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What Gold’s Crazy Run Says About China

DeFi Daily News by DeFi Daily News
December 6, 2024
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Gold prices have been on a rampage, hitting record after record. While driven in part by geopolitical tensions, economic uncertainty and the prospect of lower US interest rates, unrelenting demand from China has also played a big part.

Sign up for the Economics Daily newsletter to discover what’s driving the global economy and what it means for policy makers, businesses, investors and you.
https://www.google.com/url?q=https://www.bloomberg.com/account/newsletters/new-economy-daily?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=article

00:00 Introduction
00:58 Primer on Gold
02:09 Emerging Market Central Banks
03:06 China in Focus
04:12 Who is buying?
05:52 Jewellery fallout
08:26 Gold’s Role in 2025

——–
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Tags: Bloombergbloomberg quicktakebloomberg quicktake by bloombergbusinessChinaCrazyDocdocumentaryfinanceGoldsmini docmini documentaryNewsquicktakequicktake originalsRunscienceus newsworld news
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