China’s Gold Imports Surge After International Prices Slump - Yahoo Finance
China’s Gold Imports Surge After International Prices Slump - Yahoo Finance
Source: Yahoo Finance
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DW NOTE
China bought gold aggressively while spot prices sat 23.7% below their January peak. That's not bargain-hunting — it's a central bank treating $4,058 as a clearance sale on monetary insurance. When the world's largest gold consumer loads up during a drawdown, they're pricing in what comes after the Hormuz reopening, not the reopening itself.