China's falling demand weighs on Gold | World Business Watch

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We look at the dramatic fall in Chinese demand for Gold. The country's demand is cracking under the weight of record-high prices. Jewellery stores in China are seeing a sales slump as customers put off buying gold.

#china #gold #wion

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total gold production in China in 2023 is 375 tons, total gold production in India in 2023 is 1.25 tons,

firetree
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A century ago 1 gold = thousands of dollars and you can buy a house, right now 1 gold = hundred thousand of dollars and 1 gold can still buy a house for you so gold is better than paper currency

leodeldominguiano