Gold demand in China supported by strong investment demand – Commerzbank
Gold demand in China fell by 3.5% year-on-year in the first half of the year, according to the China Gold Association, Commerzbank's commodity analyst Carsten Fritsch notes.

Gold demand in China fell by 3.5% year-on-year in the first half of the year, according to the China Gold Association, Commerzbank's commodity analyst Carsten Fritsch notes.

Investment demand is significantly more important for price trends

Strong demand for bars and coins, which rose by 24% to 264 tons, prevented a sharper decline. This almost offset the 26% slump in jewelry demand to 200 tons. It is also noteworthy that demand for bars and coins was higher than demand for jewelry."

"While demand for jewelry suffered from record high prices, demand for bars and coins benefited from the high level of uncertainty caused by US President Trump's tariff policy. The data highlights the dual role of Gold, which on the one hand serves as a store of value and safe haven, but on the other hand also has a component with a contrasting development in jewelry demand."

"Investment demand is significantly more important for price trends. Demand for jewelry, on the other hand, has a countercyclical effect and thus serves to stabilize prices."

FXStreet
Trade The World
Lebih dari satu juta pengguna mengandalkan FXStreet untuk data pasar real-time, alat charting, wawasan ahli, dan berita forex. Kalender ekonomi komprehensif dan webinar edukatif membantu trader tetap mendapat informasi dan membuat keputusan terukur. FXStreet memiliki sekitar 60 profesional yang tersebar antara kantor pusat Barcelona dan berbagai wilayah global.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
XAUUSD
1 D change
+0%
0
XAGUSD
1 D change
+0%
0
XPTUSD
1 D change
+0%
0

ALL ABOUT GOLD

Jelajahi Lebih Banyak Tools
Akademi Trading
Jelajahi berbagai artikel edukasi yang mencakup strategi trading, wawasan pasar, dan dasar-dasar keuangan, semua dalam satu tempat.
Pelajari Lebih Lanjut
Kursus
Jelajahi kursus trading terstruktur yang dirancang untuk mendukung pertumbuhan Anda di setiap tahap perjalanan trading Anda.
Pelajari Lebih Lanjut
Webinar
Ikuti webinar langsung dan on-demand untuk mendapatkan wawasan pasar real-time dan strategi trading dari para ahli industri.
Pelajari Lebih Lanjut