Asia’s Growing Gold Demand Fuels Surging Derivatives Market

From cmegroup.com

Gold has experienced a significant bull run over the past two years, with prices increasing by 12% in 2023 and a further 29% in 2024. Gold has continued its strong performance in 2025 as a perceived safe haven amid concerns over uncertainty around trade policy, expected cuts in U.S. interest rates and heightened geopolitical risks. The price surged above $3,000 per troy ounce in March for the first time and is trading near $3,400 as of early August. Gold, considered a symbol of wealth and a store of value, is highly prized in Asian cultures. China and India, with a combined population of 2.8 billion, have strong ... (full story)