(Bloomberg) — China saw an explosive surge in gold trading last week as the metal hit successive records and Sino-US trade tensions rose. Most Read from Bloomberg The Shanghai Futures Exchange saw trading volumes of the precious metal hit the highest level in a year last week. That was thanks to investors and industry players
Unlike paper assets or digital currencies, physical gold is tangible, offering a sense of security that is hard to replicate — an allure that is attracting many retail investors. Peter Walden, managing director of BullionByPost, the UK’s largest online bullion dealer, told Yahoo Finance UK: “Since January, following president Trump’s inauguration — and with activity
lobal prices soared to an all-time high this week as many investors, including individuals at home, turn to the precious metals as a safe haven asset amid geopolitical and global economic uncertainty. Gold hit a record US$2,942.70 [Rp 48.1 million] per ounce in Asian spot trading on Tuesday, marking an increase of 11.2 percent since