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Post by PeterHannCFA

Published Jan 24, 2024Updated Jan 24, 20242 min read
I will likely be doing a lot of posting on Gold here. One thing coming up is a Chinese court on Jan 29th will decide whether Evergrande will be wound down as some creditors are demanding. In December, before the court deferred the decision to Jan 29th, gold ran yup to $2,140 an ounce in early Asian trading. There may be some concection between Chinese funds/retail selling property funds and buying gold , physical and futures.