Gold-trading frenzy erupts in China as tensions with US escalate
The Shanghai Futures Exchange saw trading volumes of the precious metal hit the highest level in a year last week.
Gold prices scored a two-week high Wednesday, pushed by: 1. Subdued inflation figures in the U.S., which cracked expectations of a December interest rate hike. 2. The disclosure of positive data around China’s economy, which grew by 6.7% in the...
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