China's Growing Gold Appetite In this week’s Market Wrap Podcast with Mike Gleason, the focus is on China’s escalating gold purchases against a backdrop of seemingly positive economic data and stock market highs. Despite a reported 3.3% growth in the U.S. GDP for the fourth quarter, there’s skepticism about the sustainability of this growth, with projections of a potential decline in the coming quarters. This uncertainty is partly fueling China’s public to turn towards gold, highlighting a trend of increasing interest in precious metals as a hedge in times of economic instability. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gundlach's Investment Strategy: Cash and Gold in a Volatile Market READ MORE Powell's Friday Jackson Hole Address: Decoding the Fed's Next Move READ MORE Dollar Nears Monthly Peak Amid Rising US Yields and Anticipation of Rate Cuts READ MORE Jamie Dimon Sounds Alarm on Economy Amid Inflation and Fed Tightening READ MORE IMF Official: Debt Relief Delays Could Mean 'Disorderly' Defaults READ MORE Add a Comment Cancel replyYour email address will not be published.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