29.01.2016 - The gold market just lost its best measure of Chinese demand
The Shanghai Gold Exchange has stopped publishing its weekly gold withdrawal figures, forcing the market to lose its “best measure of Chinese wholesale demand,” according to Koos Jansen, precious-metals analyst and blogger for Singapore-based bullion dealer BullionStar. Jansen, well known for his analyses on the Chinese gold market, pointed out in a blog Jan. 26, that the SGE’s Chinese Market Data Weekly Reports on the first two trading weeks of this year don’t list gold vault withdrawal figures. He said the SGE told him those figures will no longer be published...............................................Full Article: Source
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