Booming Gold Prices Are Hiding China’s Deflationary Pain for Now
Gold is a traditional hedge against inflation for investors but in China surging bullion prices are having the opposite effect, providing a temporary respite from deflationary pressures.
By John Liu, Yujing Liu · Bloomberg Markets
Gold is a traditional hedge against inflation for investors but in China surging bullion prices are having the opposite effect, providing a temporary respite from deflationary pressures.