China's Gold Appetite Returns: New Import Quotas Signal Market Shift China’s central bank has issued new gold import quotas to several banks after a two-month pause, signaling potential renewed demand despite record-high prices. This move comes as gold prices hit an all-time high of $2,500.99 per ounce, driven by a weaker dollar and expectations of U.S. monetary easing. While jewelry demand remains weak, investment interest is healthy. The resumption of import quotas could further boost gold prices if Chinese demand picks up, although current market indicators suggest subdued activity. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts State Street Global Advisors Says Gold Could Reach $2,400 READ MORE BREAKING: Silver Trades Above $30/oz First Time In Over a Decade READ MORE ZeroHedge: Core Consumer Prices Hit New Record High – Up For 50th Straight Month READ MORE US Labor Market Shows Signs of Cooling as Hiring Pace Moderates READ MORE January Sees U.S. Wholesale Prices Increase, Highlighting Ongoing Inflation Challenges READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment