First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/08/19/new-import-quotas-could-foreshadow-another-surge-in-chinese-gold-demand-003391
<p><img src='https://www.moneymetals.com/uploads/content/New-Import-Quotas-Could-Foreshadow-Another-Surge-in-Chinese-Gold-Demand.jpg'/></p>There are signs another Chinese gold buying spree could be on the horizon. People's Bank of China has given several commercial banks new gold import quotas in anticipation of revived demand despite high prices.
<p><img src='https://www.moneymetals.com/uploads/content/New-Import-Quotas-Could-Foreshadow-Another-Surge-in-Chinese-Gold-Demand.jpg'/></p>There are signs another Chinese gold buying spree could be on the horizon. People's Bank of China has given several commercial banks new gold import quotas in anticipation of revived demand despite high prices.