Gold prices are expected to remain in a corrective phase in the coming week ahead of the crucial US inflation data, continuing uncertainties over trade tariffs and key economic numbers from China, analysts said.
China Economy
China Ends Gold Tax Break, Global Bullion Prices Tumble
(Bloomberg) — China is scrapping a long-standing gold tax incentive in a potential setback for consumers in one of the world’s top bullion markets.
China’s Central Bank Keeps Adding Gold
Discover how China’s central bank continues to grow its gold reserves in May, while copper, iron ore, and aluminum imports show varied trends. Learn about the latest trade data in this easy-to-read post.
Copper Prices Rise: What’s Happening?
Copper prices rose above $4.65 per pound as the US dollar weakened and China boosted its economy. Learn why copper is climbing and what might slow it down in 2025.
China Trade Deal ‘Fails’ if Washington Doesn’t Win Enforcement Measures
That comes as Chinese negotiators ready for the next round of trade talks, set to begin Tuesday in Washington.