Precious metals continue showing strong momentum as gold jewelry prices in China have now reportedly moved above 1,390 yuan per gram. Rising prices are reflecting growing demand for safe-haven assets while global markets remain uncertain due to inflation concerns, geopolitical tension, and unstable macro conditions.
What’s interesting is that gold has been holding strength even while risk assets experience heavy volatility. Historically, when investors become uncertain about equities, currencies, or global economic stability, capital often rotates into traditional stores of value like gold and silver.
At the same time, many traders are now watching whether precious metals can maintain this momentum if central banks continue shifting monetary policy expectations later this year. Strong demand from Asian markets, especially China, is also becoming an important factor supporting long-term price strength.
While crypto remains the high-risk high-reward market, gold continues proving why it’s still considered one of the world’s strongest defensive assets during uncertain periods.
Safe-haven demand is clearly back in focus again. 👀