✉news BusinessBanking first seen 2 h ago, last 58 min ago, peak #6
Asian gold producers hoard domestic supplies as prices rise
Original: Asian gold producers begin hoarding domestic supplies after price rises
Gold producers across Asia are holding back domestic supplies rather than selling, as rising prices encourage them to wait for further gains. The hoarding trend could tighten local availability of gold and affect supply flows to refiners, jewellers and exporters across the region.
Why now: Gold prices have been rising, prompting producers to stockpile in anticipation of even higher prices.
Asian gold producersgoldNikkei Asia
Rank over time, top of the chart is #1. 2 snapshots from 2 h ago to 58 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1036243