China stimulates the global csi commodity equity index: London copper 'breaks ten thousand', iron ore 'breaks one hundred'!
In recent trading days, with multiple measures of monetary and fiscal stimulus policies in china, not only has it promoted the soaring of A-share market, but also helped some csi commodity equity index, showing a rebound market like a dragon swinging its tail... On Thursday, LME copper broke through the $10,000 integer mark all the way, Singapore iron ore futures regained the $100 level, and spot silver prices touched a 12-year high!
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India's gold demand is expected to remain strong in the coming months as tariffs are lowered during the gold buying season.
①India, the world's second largest gold consumer, recently reduced import tariffs on gold, and with India's traditional festivals and wedding season approaching; ②this will drive continued strong gold purchases in India, with global gold demand expected to remain robust in the coming months.
How much is the gold worth worldwide? New record: $20 trillion!
With the international gold price continuously hitting new highs, approaching $2700, the precious metals market has also achieved a new "milestone": the total value of physical gold globally has surpassed the $20 trillion mark for the first time! If we compare it to the stock market, all the gold in the world could almost buy the top ten listed companies globally.
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