China’s SGE gold demand beating global new mined supply – posted on sharpspixley.com

 

As we have pointed out in previous articles, Chinese gold demand as represented by deliveries out of the Shanghai Gold Exchange (SGE) has been exceptionally strong over the summer months – a time when demand is usually weak.  But quite how strong has been remarkable by any standards….  To read my latest post on SGE deliveries which exceeded global new mined production during July and August – normally weak months for Chinese demand, click on this link.

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