LONDON, 25 July 2024 - Market analysis from BullionVault leads the latest gold-price report on investment ratings and news-site Morningstar.
"It was actually China that hit the global gold price Thursday," says the report, first published by Dow Jones, quoting Adrian Ash, director of research at BullionVault.
The overnight plunge in Shanghai's gold price "signals just how poor household demand for gold has become in the face of record-high prices, plus China's worsening economic slowdown."
Read Adrian's full comment either at MarketWatch or at Morningstar here:
Gold falls to a three-week low, gets caught up in risk-asset selloff