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 The interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts believe that the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S. sanctions have contributed to this end.
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 Loss of Confidence in Traditional Investment Options in China: The loss of confidence in traditional investment options in China has led investors to seek alternative safe-haven assets, with gold being a prominent choice. This is particularly evident due to the real estate crisis and the underperformance of stocks in the country