MSN: Factors Driving the Gold Price

By  MSN / September 29, 2023 / www.bullionvault.com / Article Link

LONDON, 29 September 2023 - Analysis from BullionVault features today in a report on what's driving gold prices this autumn posted on popular news-site and portal MSN's German language pages, first published by leading German newspaper Handelsblatt.

Looking at China, the No.1 gold consumer nation, "The falling Yuan, as well as China's struggling property market, has boosted household demand for gold," the report says, quoting director of research Adrian Ash.

"The precious metal also just hit a new all-time high in Japanese currency the Yen," the report continues, again citing data from BullionVault.

German speakers can read the full story in today's edition of Handelsblatt, or online at MSN here:

Edelmetall: Gold schw?chelt - Vier Faktoren beeinflussen den Preis

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