China & the Gold Price | Gold News
Why the rise? “The recovery and upturn of the Chinese economy has become more solid with the enhanced economic stability,” the People’s Bank of China said, which is one way of describing China’s inflation rate jumping to a 19-month high of 3.1% in May, … And having said all the above, we have to ask you if you expect the Chinese government to promote gold so strongly to its citizens, as it has done, only then to engineer knowingly a fall in the Yuan Gold Price. …
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