“Higher business uncertainty in the U.S. is also pushing gold prices up,” according to Apollo Chief Economist Torsten Slok.
“China is playing a key role in the ongoing rise in gold prices because of central bank buying, arbitrage trading, and increased speculative and safe-haven demand among Chinese households,” Slok wrote in his Tuesday Daily Spark, including four charts… [4783 chars]
Source: Fortune | Published: 2025-10-21T14:24:01Z
Credit: Fortune
