Gold demand surges in Hong Kong ahead of Lunar New Year
Original Report
As gold and silver prices hold near record highs, dealers in Hong Kong say demand is surging ahead of Lunar New Year. Retail clients are snapping up small bars and coins as gifts, while trading...
As gold and silver prices hold near record highs, dealers in Hong Kong say demand is surging ahead of Lunar New Year. Retail clients are snapping up small bars and coins as gifts, while trading volumes have soared compared with last year. But supply constraints, especially in silver, are raising concerns about whether the momentum can last. (Source: Bloomberg)
Glass House Analysis
Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Immigration and health for elderly Americans
We measure the impact of increased immigration on mortality among elderly Americans, who rely on the immigrant-intensive health and long-term care sectors. Using a shift-share approach we find a...
Japanese stocks have been hitting record highs. But the rally may be 'fragile'
Japan's Nikkei 225 has notched several firsts in recent days, crossing 56,000, then 57,000 and nearing 58,000, fueled by the so-called "Takaichi trade."
Ten Dead, Dozens Injured in Mass Shooting in Canada
At least 10 people are dead and 25 injured after a mass shooting in northeastern British Columbia, according to the Canadian police. The incident appears to rank as one of the deadliest mass...
Ireland Must Build up Fiscal Buffers, Central Bank Chief Says
The Irish government should save more of its windfall from corporate taxes to make the public finances less vulnerable to future shocks, Central Bank of Ireland Governor Gabriel Makhlouf warned.