Strong gold sales of ¥260 million over the 7-day holiday were led by jewelry purchases. Investment sales are still down sharply for the year. In the first half of 2014, Chinese jewelry sales were up 11% and investment gold down 62%, for an overall drop of 19% in physical demand.
Maybe the gold smash was the CCP's secret gift to the people...
Source: 国庆金饰品热卖 菜百7天卖了2.6亿元
Source: 金饰品与投资类黄金冰火两重天
Realtor.com Reports Active Inventory UP 25.5% YoY; New Listings up 14.9% YoY
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*What this means:* On a weekly basis, Realtor.com reports the
year-over-year change in active inventory and new listings. On a monthly
basis, they report t...
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