China's Gold Bars and Coin Demand Jumps, Beijing Tries Debt Stimulus Yet Again

Опубликовано: 05 Ноябрь 2024
на канале: BullionVault
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Gold Price News By Adrian Ash - Wednesday 25/10/2023

https://www.bullionvault.com/gold-new...

The PRICE of GOLD BARS in London, center of the world's bullion trading and storage network, rose in US Dollar terms and edged back towards last week's new Euro and UK Pound records on Wednesday as fears of the Hamas-Israel war spreading continued to grow while global stock markets fell despite China's Communist authorities unveiling new stimulus debt-spending to try reviving the world's No.2 economy.

Global stock markets slipped and Western government bond prices fell back from this week's earlier rally, driving longer-term borrowing costs back towards their latest multi-year and near-2-decade records.

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