Nice timing too for this market as gold prices begin to rise amidst geopolitical uncertainties and a weakening US dollar. A weaker dollar provides investors, in the rest of the world, an advantage when buying dollar-denominated gold. Also, there is some evidence that the recent US outflows of funds -- in response to the Fed's most recent rate cut -- flowed into monetary metal assets like gold.
The top gold markets are located in financial districts (New York, London, Zurich), it should be interesting to see what develops in a gold market located in a major gold production/consumption area. As the article says, China is the world's fifth largest gold producer and third largest consumer.
Diane