Ever since gold's bull market took off in the spring of 2024, I've been tracking a fascinating phenomenon: Chinese traders on the Shanghai Futures Exchange (SHFE) have played a significant role in ...
The Shanghai Futures Exchange gold futures were the primary vehicle behind the spring 2024 gold frenzy, a surge that subsequently spilled over into international gold prices. Over the past year, SHFE ...
Gold capped further gains in October. Wholesale gold demand defied seasonal patterns, rising both m/m and y/y to 124t in October. The recent Chinese gold market value-added tax (VAT) change is likely ...