China, Gold
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Net imports via Hong Kong to China for September stood at 22.047 metric tons, compared with 26.746 tons in August.
Gold prices dropped below $4,000 an ounce in Monday dealings, pressured in part by renewed optimism surrounding U.S.-China trade negotiations. That price level marks a "key threshold" that will define the near-term forecast for the precious metal,
Markets now await the Federal Reserve’s policy decision, where a dovish stance could revive demand for precious metals.
China aims to become custodian of foreign sovereign gold reserves in a bid to strengthen its standing in the global bullion market, according to people familiar with the matter.
18hon MSN
Gold, silver slide on signs of thaw in U.S.-China trade tensions; YTD highs may have passed
Gold and silver prices extended last week's sharp losses as the US and China agreed to a framework for trade negotiations, and analysts say prices could move even lower in the near term.
China has emerged as a major force behind the recent surge in gold prices, with its growing influence projected to surpass even that of the U.S. dollar, according to a top economist.
Gold’s record-breaking rally in 2025 shows no signs of slowing, and analysts say China is the key reason behind it. With Beijing’s relentless gold buying and global investors seeking safety amid a weaker dollar,
Gold prices eased on Friday and were on track for their first weekly drop in 10, weighed down a stronger dollar and as market participants squared positions ahead of a key U.S. inflation report due later in the day.