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Don't bet against China, says Frank Holmes, Chief Executive Officer of U.S. Global Investors, who claimed that China is now a durable customer of gold.
" 60% of gold demand is as you recognize, from love, as well as the very best means to look at it is China and also India," Holmes informed Kitco News on the sidelines of the Vancouver Resource Investment Meeting.
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Gold prices to skyrocket, Chinese New Year to give boost that sets it off says Frank Holmes
Don’t bet against China, says Frank Holmes, CEO of U.S. Global Investors, who said that China is now a robust consumer of gold.
“60% of gold demand is as you know, from love, and the best way to look at it is China and India,” Holmes told Kitco News on the sidelines of the Vancouver Resource Investment Conference.
_________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
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