China Gold Market Update: Resilient Demand In A Festive Month
Source: SeekingAlpha
2026-03-14 03:10:00 ET
Gold’s diverging price trends from west to east
Gold prices diverged in February (Chart 1). The LBMA Gold Price PM in USD rose 4.8%, supported by factors such as heightened geopolitical risks and lower US Treasury yields , while the SHAUPM in RMB fell 1.3%, likely impacted by the 1.4% appreciation in RMB against the dollar and the Chinese New Year (CNY) holiday, which disrupted both local trading and physical gold withdrawals....
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China Gold Market Update: Resilient Demand In A Festive Month
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