China's Growing Gold Appetite In this week’s Market Wrap Podcast with Mike Gleason, the focus is on China’s escalating gold purchases against a backdrop of seemingly positive economic data and stock market highs. Despite a reported 3.3% growth in the U.S. GDP for the fourth quarter, there’s skepticism about the sustainability of this growth, with projections of a potential decline in the coming quarters. This uncertainty is partly fueling China’s public to turn towards gold, highlighting a trend of increasing interest in precious metals as a hedge in times of economic instability. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Silver Surges: Anticipation of Rate Cuts Sparks 4% Price Jump in a Week READ MORE Thursday's PCE Price Index Release to Shine a Spotlight on Inflation Trends READ MORE UK inflation falls more than expected, hits lowest in nearly two-and-a-half years READ MORE Silver to see second-highest deficit in 20 years, as record industrial demand rises 9% in 2024 – Silver Institute’s World Silver Survey READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment