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China’s Precious Metals Frenzy Sparks Protest as Risks Grow
Yahoo Finance· 2026-01-28 08:38
Chinese investors piling into a record-breaking rally in precious metals are becoming increasingly exposed to risk, as speculative demand pushes local prices well above international benchmarks. Authorities in the southern city of Shenzhen set up a special task force to oversee the operations of a gold-trading platform, according to a statement from the Luohu district government, after investors faced difficulties withdrawing funds from their accounts. China’s only pure-play silver fund, meanwhile, halted ...