MarketWatch: Gold Price 'to Dip' on Chinese New Year

By  MarketWatch / February 01, 2024 / www.bullionvault.com / Article Link

LONDON, 1 February 2024 - This month's Lunar New Year holidays in China could offer Western investors the chance to buy gold on a dip in price, says leading US financial news-site MarketWatch today, quoting analysis from BullionVault.

While China's surging private-household gold demand "shows no sign of letting up," says the report, "Western investors who want a dip in the gold price to start adding to their own bullion holdings could well get an opportunity" when Shanghai's wholesale bullion market shuts on Friday next week for the week-long Spring Festival holidays in the precious metal's No.1 consumer nation.

Get the full story at MarketWatch here:

Why gold prices are likely to reach a record high in 2024

Recent News

Gold not the consensus play anymore

July 20, 2026 / www.canadianminingreport.com

Gold stocks drop to lowest levels this year

July 20, 2026 / www.canadianminingreport.com

A rebalancing of gold's ratios versus major commodities

July 14, 2026 / www.canadianminingreport.com

Gold stocks down on slide in gold price

July 14, 2026 / www.canadianminingreport.com

US tariff decision expected to be major copper catalyst

July 07, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok