Loading...
Market
Will global gold prices rise by 10% or more by end of 2025 due to China's discovery?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Gold price indices from financial institutions like Bloomberg or Reuters
Story
China Discovers $83 Billion Gold Reserve in Hunan's Wangu Field
Nov 23, 2024, 11:16 PM
Geologists in China have unearthed a significant gold deposit in Hunan Province, with over 40 gold veins containing more than 1,000 tons of gold, valued at approximately $83 billion. The discovery was made in the Wangu gold field in Pingjiang County, highlighting the potential impact on China's economy and its geopolitical influence.
View original story
Similar markets
Yes • 50%
No • 50%
China gains largest market share • 25%
China becomes second largest • 25%
China remains in current position • 25%
Other countries increase share • 25%
Yes • 50%
No • 50%
Stocks increase over 10% • 25%
Stocks increase 5-10% • 25%
Stocks remain stable • 25%
Stocks decrease • 25%
China increases exports • 25%
China decreases exports • 25%
China maintains current export levels • 25%
New export restrictions introduced • 25%