Gold Prices and Chinese and Indian Influences

Gold jewelry bars and coin ownership have lots to do with gold commodity pricing, as opposed to the influence of gold investors and traders who have no interest in the metal in the form of jewelry.

This preference varies by country. It’s been conventionally very high in China and in India, In the U,S, gold's use is primarily when inflation risk is high, but primarily when the dollar’s value becomes risky as a reserve currency.

The value of gold can go higher if the Chinese government begins to think more like Americans running from the weak dollar. India's population often buys and even sells gold jewelry in volume.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewHole tweets.)