How China Plans to Dominate Pricing in the Gold Market
August 05, 2015 at 10:03 AM EDT
China is notable for its long-time affinity toward gold. For the past several years, it has consistently been one of the top two gold consumers worldwide. (India holds the title for No. 1 gold consumer - for now.) China is also the world's largest gold producer. So it stands to reason that China would want to exert more influence over the gold market - and gold prices. Here's how the Asian nation aims to do just that... Tags: China's gold consumption , China's gold demand , gold market , Gold Price , Gold Prices , gold pricing , LBMA Gold Price , price of gold , Shanghai Gold Exchange To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post How China Plans to Dominate Pricing in the Gold Market appeared first on Money Morning - We Make Investing Profitable .