Chinese Gold Investment Demand Resilient in Q2 Despite Sideways Prices
Chinese physical gold investment demand stayed resilient in the second quarter, even as gold traded sideways after a sharp first-quarter price correction.
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Chinese physical gold investment demand held up during the second quarter, despite gold prices moving sideways.
Gold consolidated in Q2 following a large price correction in the first quarter, yet the source noted that Chinese investment demand remained resilient.
The update highlights continued interest from Chinese investors in physical gold even without a clear directional push from prices.
Source: FXStreet Forex News