China’s impact on the global gold market has grown significantly in recent years, with its actions shaping both demand patterns and broader market trends.
De l'analyste
The global gold market in 2024 has been shaped by a mix of contrasting trends and shifting dynamics, reflecting both the evolving priorities of central banks and the changing preferences of consumers.
Gold has consistently proven its worth as a timeless safe-haven asset, but 2024 marked a year of extraordinary performance for the yellow metal.
The gold market has experienced a dynamic period marked by shifts in consumer behavior, investment trends, and global trade patterns. Jewellery sales, which traditionally spike during festive and wedding seasons, have seen subdued performance recently.
Gold demonstrated significant growth in 2024, with prices rising 28% by November, marking their best performance in over a decade. This growth was fueled by central bank purchases, investor demand, and gold’s role as a hedge against economic and geopolitical risks. Insights from the World Gold Council and Heraeus Metals highlight key drivers and projections for 2025.
World Gold Council:…
Gold, the quintessential safe-haven asset, has witnessed renewed interest in recent years, driven by economic volatility, geopolitical tensions, and shifting monetary policies.
The gold markets of China and India, the world’s largest consumers of the precious metal, are painting markedly different pictures in 2024. Shaped by distinct economic landscapes, policy shifts, and cultural influences, the demand for gold in these two nations reveals a tale of contrasts.
In a world shaped by geopolitical tension and economic uncertainty, gold is emerging as the ultimate safeguard for central banks worldwide.
China has recently unveiled a significant gold discovery in Hunan province's Pingjiang County, positioning itself to secure a critical resource for economic stability and long-term growth.
In recent years, the global demand for gold has been significantly influenced by economic uncertainties, with many turning to the precious metal as a hedge against volatility.