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 World Gold Council: Gold's Shines August Rally Continues READ MORE Year of the Dragon Sparks Optimism for S&P 500's Flight to New Heights READ MORE All Eyes on the Federal Reserve: What To Know This Week READ MORE How Effective Is Gold As a Hedge? History Has an Empirical Answer READ MORE UBS Forecasts Silver Price Rebound Following Fed Rate Cuts READ MORE Add a Comment Cancel replyYour email address will not be published.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