Despite falling gold prices, physical buying from China has been slow to pick up, if at all, as buyers wait for gold to drop further. Photo: ReutersDespite falling gold prices, physical buying from China has been slow to pick up, if at all, as buyers wait for gold to drop further. Photo: Reuters
Despite falling gold prices, physical buying from China has been slow to pick up, if at all, as buyers wait for gold to drop further. Photo: Reuters

Chinese unmoved by slump in gold to 4-year lows, prices seen dipping further

World gold prices are at their lowest since 2010 ... but Chinese buyers are still not biting, anticipating that prices have further to drop

Despite falling gold prices, physical buying from China has been slow to pick up, if at all, as buyers wait for gold to drop further. Photo: ReutersDespite falling gold prices, physical buying from China has been slow to pick up, if at all, as buyers wait for gold to drop further. Photo: Reuters
Despite falling gold prices, physical buying from China has been slow to pick up, if at all, as buyers wait for gold to drop further. Photo: Reuters
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