The Alibaba Conundrum and Gold's Rally The connection between shares in Chinese tech giant Alibaba and gold may not be immediately obvious, but an article from Barron’s suggests the two could be interlinked. Alibaba, a leading Chinese tech firm, has experienced a sharp decline in its stock value, losing over 75% since late 2020, amid regulatory pressures and China’s economic slowdown. This downtrend contrasts starkly with the surge in gold prices, which have reached record highs above $2,300 per troy ounce, marking a 12% increase this year alone. This situation highlights the debate over the potential of Chinese stocks to recover and the role of gold as a safe haven for investors during times of uncertainty. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold's Bullish Momentum: Setting the Stage for 2024 Amid Economic Uncertainties READ MORE ETFs See Unprecedented July Inflows as Markets Anticipate Fed Action READ MORE Dimon Highlights Commercial Real Estate's Recession-Contingent Future READ MORE U.S. Economy's Fate Tied to Federal Reserve's Decisions READ MORE US Wholesale Inflation Hits Annual High, Signaling More Price Hikes Ahead READ MORE Add a Comment Cancel replyYour email address will not be published.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