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8 days agoChina’s gold tax incentive rollback jolts bullion demand outlook as crude volatility persists globally
China’s decision to remove certain gold tax incentives has generated a sharp watch response across commodity desks as global traders recalibrate demand expectations heading into year-end. Market participants suggest this could soften China’s retail bullion pull, especially among low to mid-tier consumer buys, which have historically played a material marginal elasticity role in physical gold demand. This also coincides with Brent crude showing mixed price action with a recent recovery bounce following a three-month decline led by supply imbalance narratives and freight congestion distortions. With commodity correlation tightening again, cross-hedgers are preparing additional vol-shock defenses.
Ndtvprofit• By struti
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neutral
8 days agoChina’s gold tax incentive rollback jolts bullion demand outlook as crude volatility persists globally
China’s decision to remove certain gold tax incentives has generated a sharp watch response across commodity desks as global traders recalibrate demand expectations heading into year-end. Market participants suggest this could soften China’s retail bullion pull, especially among low to mid-tier consumer buys, which have historically played a material marginal elasticity role in physical gold demand. This also coincides with Brent crude showing mixed price action with a recent recovery bounce following a three-month decline led by supply imbalance narratives and freight congestion distortions. With commodity correlation tightening again, cross-hedgers are preparing additional vol-shock defenses.
Ndtvprofit• By struti
Explore:Mutual Fund Screening
9 days ago
1 min read
95 words
China’s removal of gold tax incentives may weaken domestic bullion elasticity while crude recovers after a prolonged slump, prompting cross-commodity risk recalibration.
China’s decision to remove certain gold tax incentives has generated a sharp watch response across commodity desks as global traders recalibrate demand expectations heading into year-end. Market participants suggest this could soften China’s retail bullion pull, especially among low to mid-tier consumer buys, which have historically played a material marginal elasticity role in physical gold demand. This also coincides with Brent crude showing mixed price action with a recent recovery bounce following a three-month decline led by supply imbalance narratives and freight congestion distortions. With commodity correlation tightening again, cross-hedgers are preparing additional vol-shock defenses.
China’s decision to remove certain gold tax incentives has generated a sharp watch response across commodity desks as global traders recalibrate demand expectations heading into year-end. Market participants suggest this could soften China’s retail bullion pull, especially among low to mid-tier consumer buys, which have historically played a material marginal elasticity role in physical gold demand. This also coincides with Brent crude showing mixed price action with a recent recovery bounce following a three-month decline led by supply imbalance narratives and freight congestion distortions. With commodity correlation tightening again, cross-hedgers are preparing additional vol-shock defenses.
Tags:
China
gold
China
gold
crude
commodities
demand
volatility
Nov 3, 2025 • 05:03 IST