- China experienced an explosive growth of gold trading volumes, which reached 20 million ounces at the beginning of 2024 while surpassing its annual historical averages.
- The investment inflows into Chinese gold ETFs maintained substantial growth during the entire year of 2024 because investors showed increased interest in gold-backed products.
- Bitcoin in the U.S. gained potential benefits due to economic tensions and global crypto restrictions, which established America as a secure crypto investment center.
The initial trading period of 2024 in Mainland China has established an all-time high gold trading volume. The trading volumes have reached 20 million, as analyzed by Gold Bullion International founder Dan Tapiero. Gold trading volumes since early 2024 exceeded previous levels significantly as the activity climbed well above the 10 million ounce threshold that traders had maintained for recent years and between 2016 and 2023.
The World Gold Council recently discovered that Chinese retail investment in gold continues to grow at strong rates. The first quarter analysis of 2024 showed that China purchased 336 thousand tons of gold. The expanded demand for gold investment surged following rising prices, but it represented only 36 percent of the 2023 levels despite jewelry sales contraction.
The total trading volume of gold surged in 2024 because Chinese gold Exchange-Traded Funds received substantial net inflows throughout that year. Chinese investors are favoring assets backed by gold because they want easily tradable and physical stores of value as financial markets become unstable and Bitcoin trading limitations rise.
The international demand for gold increased in early 2025 after the election of Donald Trump as U.S. President triggered rising global trade tensions. The combination of a 145 percent Chinese trade barrier on imports triggered economic uncertainty that led China to initiate protective sanctions. The market valuation of gold reached its historical record by reaching $3,500 per ounce in early April.
During this opportunity, Tapiero remarked that Bitcoin investors could only find freedom within the United States as the sole nation providing cryptocurrency accessibility. The Chinese government banned Bitcoin in 2021, while several parts of Europe increasingly showed resistance to the cryptocurrency, so Tapiero indicated that Bitcoin exists in a stage of global adoption that is still primarily nascent. Bitcoin investment establishes a primary position in the U.S. thanks to the opposing market environments that have emerged.
