Ray Jia
Senior Analyst, China World Gold CouncilChina’s gold market in October: wholesale demand weakened, gold reserve rose
The LBMA Gold Price AM in USD and the Shanghai Gold Benchmark PM (SHAUPM) in RMB bounced higher, both recording the strongest monthly gains since March. The local gold price premium fell from its record high, possibly driven by weaker gold demand during the month.
Posted 2 weeks ago