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Shanghai Gold Exchange
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Beijing Stores Cut Gold Prices on Slump
Oct 11, 2016The biggest weekly slump in the global gold price led Beijing's gold stores to cut their prices for the first time this year. The price in Beijing declined by 10 yuan ($1.5) per gram on Sunday. This was the first cut, following six earlier ...
Tags: Gold, Gold Prices
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Gold Demand Is Stimulated by New Trade
Apr 29, 2015Gold demand is expected to rise in China and other Asian countries along the "Belt and Road" routes in the coming few years, the China Gold Association said on Tuesday. In a report on the likely impact on the gold market, officials ...
Tags: Gold Demand, Trade Initiatives, Gold
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SGE Trys to Offer The Renminbi-Denominated Gold-Fixing Price This Year
Mar 12, 2015The Shanghai Gold Exchange will try to start offering the renminbi-denominated gold-fixing price this year, as an alternative to the dollar-denominated gold-fixing in London, a top bourse official said on Wednesday. SGE head Xu Luode said ...
Tags: Shanghai Gold Exchange, Gold Price
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The Shanghai Gold Exchange Is Preparing to Link Gold Markets in Hong Kong
Mar 1, 2015THE Shanghai Gold Exchange is preparing to link gold markets in the city and Hong Kong to strengthen China's gold pricing power, the exchange told Shanghai Daily yesterday. The disclosure came after Chan Sheung Chi, president of Hong ...
Tags: Gold
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Gold Jewelry Demand Cooled in China in 2014
Feb 19, 2015Gold jewelry demand cooled in China in 2014, in sharp contrast to the frenzied off take in 2013, and plunged 33 percent year-on-year to 624 metric tons, according to data published by the World Gold Council on Thursday India displaced ...
Tags: Gold jewelry, Gold
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China's Gold Demand Fell 18% in The First Quarter as Investors Bought Fewer Bars and Coins
May 23, 2014China's gold demand fell 18 percent in the first quarter as investors bought fewer bars and coins, offsetting record interest in jewelry, the World Gold Council said. Purchases declined to 263.2 metric tons in the three months ending ...
Tags: Gold Demand, jewelry consumption
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Gold Price Showed a Crimping of Demand From Top Importer China
Apr 30, 2014The price of gold weakened on Monday after data showed a crimping of demand from top importer China. On the Comex division of the New York Mercantile Exchange, gold futures for June delivery fell through the psychologically important ...
Tags: Gold Price, Housing Market
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China Is Already The World's Largest Country for Gold Trade
Dec 27, 2013China is already the world's largest country for gold trade, an executive at the Shanghai Gold Exchange said on Wednesday. The increase in trade volume in China's gold market slowed in 2012, after over 10 years of growth, some experts ...
Tags: Gold Market, Precious Metal
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Low Platinum Prices Prompted Stronger Demand From The Country's Jewelry Sector
Sep 27, 2013August trade data from China suggests that low platinum prices prompted stronger demand from the country's jewelry sector, analysts with UK banking gain Barclays said Monday. The jewelry sector in Asia is a major end-user of platinum. ...
Tags: Chemicals
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The Price of Gold Rebounded
Jul 17, 2013In late June, the price of gold has fallen below 1,200 U.S. dollars per ounce; however, it rebounded slightly recently. At present, financial market fluctuates by the influence of domestic and international economic situation. Under this ...
Tags: Gold Price, Mineral