Chinese gold demand is skyrocketing:
Chinese gold ETF demand hit a record 45 tonnes in Q2 2025, up from 18 tonnes in Q1.
This brings total H1 2025 demand to 63 tonnes, an all-time high.
As a result, total ETF holdings jumped +74% YoY to 200 tonnes.
Meanwhile, China’s central bank added +2 tonnes in June, lifting official reserves to a record 2,299 tonnes.
Furthermore, Goldman Sachs estimates that China unofficially bought 15 tonnes in May on the London market, 8 times the officially reported figure.
China’s appetite for gold has never been stronger.
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Chinese gold ETF demand hit a record 45 tonnes in Q2 2025, up from 18 tonnes in Q1.
This brings total H1 2025 demand to 63 tonnes, an all-time high.
As a result, total ETF holdings jumped +74% YoY to 200 tonnes.
Meanwhile, China’s central bank added +2 tonnes in June, lifting official reserves to a record 2,299 tonnes.
Furthermore, Goldman Sachs estimates that China unofficially bought 15 tonnes in May on the London market, 8 times the officially reported figure.
China’s appetite for gold has never been stronger.
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ALTSEASON UPDATE
Alts mcap is testing $300 billion resistance , breakout will push towards $400 billion and we may see 50%-100% quick jump in mid - low caps alts
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Alts mcap is testing $300 billion resistance , breakout will push towards $400 billion and we may see 50%-100% quick jump in mid - low caps alts
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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US firms are retreating from China:
A record 52% of US companies do not plan on making new investments in China, according to a survey by the US-China Business Council.
This is a significant increase from the 20% posted last year.
The survey covers major US multinationals, over 40% of which generated at least $1 billion in revenue in China last year.
Additionally, 27% of firms said they moved or plan to move some operations out of China, the most since at least 2016.
This percentage has TRIPLED over the last 4 years.
Trump's trade war is reshaping the global economy.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
A record 52% of US companies do not plan on making new investments in China, according to a survey by the US-China Business Council.
This is a significant increase from the 20% posted last year.
The survey covers major US multinationals, over 40% of which generated at least $1 billion in revenue in China last year.
Additionally, 27% of firms said they moved or plan to move some operations out of China, the most since at least 2016.
This percentage has TRIPLED over the last 4 years.
Trump's trade war is reshaping the global economy.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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Heavy clashes in al-Majdal, rural Suwayda, between Israel-backed militia and Syrian tribal forces.
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