Gold Falls on Reports of China’s Finance Ministry Ending Tax Incentive for Gold Sales

The Wall Street JournalSunday, November 2, 2025 at 11:46:00 PM
Gold prices have taken a hit following reports that China's Finance Ministry will end a tax incentive for gold sales starting November 1. This decision could significantly impact the gold market, as it may reduce demand from one of the world's largest consumers of the metal. Investors and traders are closely monitoring the situation, as changes in policy like this can lead to fluctuations in gold prices globally.
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