China's Gold & Silver Game: Dragon's Strategy Amid Skyrocketing Prices
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News18•16-01-2026, 14:18
China's Gold & Silver Game: Dragon's Strategy Amid Skyrocketing Prices
- •Gold and silver prices are soaring globally, with India's demand decreasing due to record highs and high import duties.
- •In contrast, China is experiencing a surge in gold and silver purchases, even ahead of the Lunar New Year, despite high prices.
- •China, the world's largest silver exporter, has implemented new regulations requiring government permission for silver exports, aiming for greater control.
- •The Chinese government is actively encouraging its citizens to buy gold and silver, with reports of people mortgaging homes for purchases.
- •This strategy is seen as China's move to accumulate precious metals, positioning itself for future geopolitical and trade challenges.
Why It Matters: China is strategically accumulating gold and silver, influencing global markets while India's demand wanes.
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