First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/01/20/chinese-gold-demand-up-in-2023-even-with-soaring-prices-002944
<p><img src='https://www.moneymetals.com/uploads/content/China_Panda_Goldmu--nze_2016_Ru--ckseite-1024x576-min.png'/></p>Chinese gold demand improved in 2023 even as the price in yuan soared. China ranks as the world’s biggest gold market, and Chinese demand has a significant impact on the global gold market.