Chinese gold demand appears to be slipping so far this year according to the latest Shanghai Gold Exchange withdrawal figures. Whether these are a true representation of total Chinese gold demand is the subject of some dispute – but as a trend indicator they are probably the best data available on a regular basis. Check out my latest articles on this on sharpspixley.com and seekingalpha.com for more info:
SHARPS PIXLEY: China’s SGE gold deliveries down 17.7% ytd
SEEKING ALPHA: China Gold Demand Down Nearly 18% So Far This Year
