Chinese Retail Investors Drive Gold Boom on Shanghai Futures Exchange Gold’s remarkable rise this year had analysts scratching their heads until a new force was identified: Chinese retail investors swarming the Shanghai Futures Exchange (SHFE). Despite headwinds like increasing Treasury yields and a robust dollar, trading volumes on the SHFE tripled, propelling gold prices upward. China’s long-standing connection to gold, coupled with recent market uncertainty, has contributed to this surge, indicating a major shift in gold trading patterns. However, as gold prices fluctuate, questions persist about the SHFE’s broader impact on the global gold market. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The 'Cash Trap': High Interest Rates Lure Investors, but for How Long? READ MORE Goldman Anticipates Bank of Japan Finally Ending Negative Rates READ MORE Gold Prices Steady as Investors Await Key U.S. Employment Data READ MORE Gold Set for a Great 2024, with Silver to Shine Even Brighter: UBS Insights READ MORE LBMA and WGC Push for Gold's Upgrade to HQLA Status Under Basel III READ MORE Add a Comment Cancel replyYour email address will not be published.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