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 India's Gold Duty Cut Diminishes Dubai's Appeal for Shoppers READ MORE Wholesale prices unexpectedly fell 0.2% in May READ MORE Weak July Jobs Data Stirs Recession Fears, but Economists Urge Caution READ MORE Oil Prices Decline with Biden's Withdrawal and Fed Rate Cut Prospects READ MORE Government Says, Inflation in December Was Even Lower Than First Reported READ MORE Add a Comment Cancel replyYour email address will not be published.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