Short Selling

Gold prices are rising again as Asian mothers take advantage of the recent weakness in the price to buy jewellery. Photo: David Wong

Chinese mothers beat Wall Street to force gold price rebound

Taking advantage of the steepest drop in three decades, Chinese mothers have shored up prices by splashing out on gold for their daughters' weddings in the past couple of weeks, foiling the plan of finance gurus who have been short selling the precious metal in the hope of pushing it lower.