Latest news and articles about Shenzhen Shuibei
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A violent repricing in precious metals on January 30 sent spot gold down more than 9% — the biggest daily drop since 1983 — and silver tumbling as much as 36% intraday. Shenzhen’s Shuibei bullion market became the frontline, with frantic selling, opportunistic buying and banks raising risk thresholds as retail investors coped with rapid losses. The shock highlights how speculative excess, thin physical liquidity and cross‑market contagion can quickly imperil even traditionally ‘safe’ assets.