The lure of the precious metal, gold, experienced a notable decline last week, cleaving its price rebound in half. This chilling response is primarily attributed to China’s dwindling demand for gold. China, being one of the major global consumers of gold, has witnessed a substantial drop in the demand for the bullion. This has spiraled the global gold market into a limbo of uncertainty, posing a fierce challenge to its price stability. Experts believe that this deceleration in demand might pose severe implications on the gold market in the coming weeks. Read More
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