The Shanghai stock crash and China gold demand
By GCRU Gold News on Friday, July 10 2015, 23:45 - Permalink
Typically stock market crashes inspire gold demand. In the case of China, where the government and central bank encourage citizen gold ownership as a matter of public policy, that lesson could become enshrined in the national psyche. The important consideration for investors elsewhere around the globe is what effect even stronger gold demand from China will have on the gold price both now and in the future.