China’s Gold Discounts Reach Multi-Year Lows as Other Asian Hubs Maintain Purchasing Activity

China is the biggest billion consumer and its buying trends can have bearing on global prices. Credit: Chow Tai Fook Physical gold demand in China weakened further this week, with discounts hitting multi-year lows, while steady buying persisted in other major Asian hubs despite the high prices in anticipation of further gains. Spot gold hit […]