In a remarkable turn of events, the price of gold soared to new heights today, Tuesday, September 23, 2025, following the news that China is seeking a custodian role in the global gold market. Speculations are rife that China’s potential new role could have far-reaching impacts on the gold market, potentially creating greater demand and consequently impacting prices. As the world’s largest producer and consumer of gold, China’s move is seen to align with its broader efforts to elevate its role in global affairs. Several market players are keenly monitoring the situation, which is currently shrouded in uncertainty and anticipates how the gold market will react to potential changes in China’s role. How these events will unfold and what their long-term impact on the gold prices will be, remains to be seen. Read More
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