Economic and Market Implications:
Supply and Demand: The gold market operates on supply and demand principles. Less demand from a major buyer like China can create an imbalance, leading to lower prices.
Investor Sentiment: Investors pay close attention to the actions of major buyers. If China reduces its gold purchases, it might signal to the market that China anticipates lower economic risks, leading to a decrease in gold's perceived value as a safe-haven asset.
Global Impact: The reduction in
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