Chinese Investors Willing To Pay High Premium For Physical Gold Assets
Unfortunately, the Chinese government is working on countermeasures. The current plan is to curb capital outflows, and they are paying close attention to the bullion market right now. It is evident the Chinese Yuan is not in a good place right now. Chinese investors are willing to exchange their Yuan for other assets, even if they have to pay a premium price to do so. Physical gold is of particular interest to them right now, despite the government looking to curb capital outflows. One could say Chinese investors find themselves in a gold-crazed scenario right now, and demand is surging at....
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