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2026-07-31 17:57
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ID #6000
Shanghai Gold Premium Jumps to Two-Week High; Asian Physical Buying Underpins Gold and Silver Prices
During the Asian session on July 31, 2026, international gold steadied near $1,955, and the premium on Shanghai Gold Exchange AU9999 widened to 22 yuan/gram, a two-week high, reflecting recovering Chinese physical demand. Silver strengthened on better-than-expected solar installations. The article analyzes the structural support of Asian buying for gold and silver prices.
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