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China News: Gold Price Decline Dents Investor Enthusiasm in China

  

October 11, 2023     Share on   facebook   Twitter

The recent drop in gold prices has left Chinese investors pondering whether to buy or wait for further developments. Global gold prices have reached their lowest levels in seven months, largely influenced by rising U.S. Treasury bond yields and expectations of additional Federal Reserve interest rate hikes. However, the escalating Israel-Palestine conflict may serve as a catalyst for a potential rebound in bullion prices, keeping investors attentive to market dynamics.