China’s Gold Surge: Investment Demand Climbs as Jewelry Sales Dip
China’s gold market rallied in April 2025, extending a run of monthly gains to five consecutive months. Chinese gold exchange-traded funds enjoyed a record month, adding 65 tonnes of holdings—about US$6.8 billion in value. The Shanghai Benchmark Gold Price climbed 6.9% for the month, while the LBMA Gold Price rose roughly 6%. Wholesale demand strengthened … Read more