MetalsDaily – We need to talk about China… In his latest article on MetalsDaily.com, Ross Norman highlights the significant purchasing trends on the Shanghai Futures Exchange (SHFE), which offer a glimpse into China’s unique perspective on gold. Unlike the prevailing global view, China exhibits a distinct cognitive bias favoring gold, a stance not mirrored by weaker demand in other regions at current price levels. This discrepancy may stem from what’s known as “false consensus bias,” where people mistakenly believe others share their views. Norman’s analysis suggests that understanding China’s distinct market behavior is crucial for interpreting global gold trends. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Expect Continued High Interest Rates as Fed Seeks More Progress on Inflation READ MORE U.S. Economy Surges Past Gloomy Forecasts READ MORE Oil Prices Set for Stability in 2024, Say Industry Experts READ MORE US Dollar Emerges as New Funding Currency for Carry Trades READ MORE Silver Prices Dip as Prospects of Early Fed Rate Cuts Diminish READ MORE Add a Comment Cancel replyYour email address will not be published.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