LONDON, 1 February 2024 – This month's Lunar New Year holidays in China could offer Western investors the chance to buy gold on a dip in price, says leading US financial news-site MarketWatch today, quoting analysis from BullionVault.
While China's surging private-household gold demand "shows no sign of letting up," says the report, "Western investors who want a dip in the gold price to start adding to their own bullion holdings could well get an opportunity" when Shanghai's wholesale bullion market shuts on Friday next week for the week-long Spring Festival holidays in the precious metal's No.1 consumer nation.
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Source:
MarketWatch
