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Gold Prices May Explode

South China Morning Post
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Gold Prices May Explode
Foto: scmp.com

Wichtigste Punkte

  • Gold prices may explode
  • Asian central banks are stocking up on gold
  • Hong Kong's increasing role as a trade center

In Zahlen

20 months13 years

According to analysts, gold prices may explode. Asian central banks continue to thirst for gold reserves.

Beijing has been adding to its gold reserves for 20 months and wants to better connect the Shanghai Gold Exchange with Hong Kong. Additionally, the South Korean central bank plans to buy gold for the first time in 13 years.

It is expected that Hong Kong will play an increasing role as a trade center in the rise of gold prices.

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Häufige Fragen

Why may gold prices explode?
Asian central banks continue to thirst for gold reserves
How long has Beijing been adding to its gold reserves?
Beijing has been adding to its gold reserves for 20 months
What is Hong Kong's increasing role as a trade center?
Hong Kong's increasing role as a trade center is expected in the rise of gold prices

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