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Chinese Investors Flock to Gold; Market Awaits Breakthrough of $4,300 Resistance
FG
FOMOGRAM Editorial Desk
Aug 6, 2026
EXECUTIVE SUMMARY
The global gold price has reached the $4,250 range after a week of gains and is now eyeing the significant $4,300 resistance level. A major capital shift in China is indicated by new data showing that gold-based ETFs in China have seen substantial inflows.
The global gold price has reached the $4,250 range after a week of gains and is now eyeing the significant $4,300 resistance level. A major capital shift in China is indicated by new data showing that gold-based ETFs in China have seen substantial inflows.
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