Contributed Commentaries
Why the gold price is so much higher in China
Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
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In this presentation, CPM Group’s Jeffrey Christian discusses why there seems to be a higher demand and premium for gold in China compared to other markets.
Jeff looks at the increased demand for gold following the 2022 decline in investment products and jewelry, the difference between demand by the Chinese government and Chinese people, and how markets are incorrectly using the term premium to describe the market in Mumbai, compared to New York, Shanghai, and London.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
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