Central banks worldwide are playing a pivotal role in driving the ongoing bull run in gold prices. This article aims to dissect the intricate connection between central bank actions and the surge in gold prices, shedding light on the factors contributing to this phenomenon. Understanding Central Banks’ gold accumulation Diversification Strategy: Central banks are actively … Read more
Spot gold tested a new lifetime high last week due to a combination of factors that have converged to propel the demand for the yellow metal. Multiple catalysts like US rate cut speculation, China’s economic stimulus, and renewed geopolitical tensions attributed to the rise in prices. Prices on the London spot market surged near to … Read more
These beans have particularly become very popular among China’s Generation Z Young Chinese people have recently developed an appetite for gold products and are increasingly purchasing ‘gold beans’ as a safe investment amid economic uncertainty. These pill-like beans only weigh approximately one gram and are priced between 400 and 600 RMB (Rs 5,209 and 7,814) per unit. The Straits … Read more
