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Story summary
- Capital Economics says China's gold trading surge resembles a speculative bubble, driven by private investor demand and rising gold-linked products.
- The rise in gold warrants on the Shanghai Futures Exchange shows a growing role for futures trading.
- Economist Hamad Hussain warns that Chinese investors use leverage, potentially increasing market volatility.
- Aluminum prices fell 1.8% after reports of tariff rollbacks by the administration of President Donald Trump.
