đš Gold Market Update: Did Chinaâs Mega Gold Discovery Trigger the Dip? đ»đ
Gold prices slipped more than 2% on Friday amid market rumors, with futures briefly dipping below $4,200 before closing at $4,213/oz, while spot gold hit $4,249/oz.
The buzz? đ Reports claim China discovered a massive gold deposit in Hunan Province â estimated at 1,100 metric tons â sparking speculation about potential shifts in global supply.
đŹ Traders are watching closely: could this mega-find influence goldâs long-term price, or is this just short-term volatility?
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