Amidst economic uncertainties, the price of gold in China breaks down

After the tariff by US President Donald Trump on Canada, China and Mexico, gold prices reached an all -time high on Tuesday, which could be at stake for economic growth. On Chinese social media, the “Gold Price” has become the most talked topic during the Chinese New Year holiday. Why is gold so much value in China? Is there a lack of confidence in investors’ real estate and is increasing the stock market prices? How long will this trend be a burden?

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