China's National Gold Group to constrain precious metals repurchase business from the 7th of February
China's National Gold Group's decision to constrain its precious metals repurchase business may suggest a potential tightening of gold supply or liquidity in the market.
[MAKRET ANALYSIS] Crude benchmarks slightly higher as markets await updates from US-Iran talks
Airbus (AIR FP) exec. says we see growing demand in the Asia-Pac region
China's National Gold Group to constrain precious metals repurchase business from the 7th of February
NBP Governor Kotecki says the Bank can start thinking about ending rate cutting at 3.5-3.75%
An Iranian diplomatic person says the presence of CENTCOM or any military officials can jeopardise indirect nuclear talks between the US and Iran
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If this action leads to reduced availability of physical gold, it could support prices in the short term, especially if global demand remains steady. Traders should monitor how this impacts overall sentiment in the commodities space and potential shifts in pricing dynamics.
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