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There were 63.2 tonnes of gold bullion withdrawn from the Shanghai Exchange this week.
As can be seen in the second chart, the gold withdrawals are occurring at a record pace.
This significant demand for physical gold is increasing, with what appear to be artificially low prices, that are doing what prices that are below a fair and efficient market-clearing price are theoretically expected to do,
The market cannot treat gold like one of the paper currencies indefinitely.
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