Gold 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
Gold 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
European central banks have agreed on a new Central Bank Gold Agreement, now the fourth time an agreement has been reached, the World Gold Council said Monday. "The agreement marks a continued commitment from some of the world's largest ...
Tags: Gold, gold sales
This year will likely be a year of consolidation for gold and silver prices, with the gold price possibly going as low as $1,100/oz, precious metals consultancy Metals Focus said Wednesday. "Following a poor 2013, this year's start ...
Tags: Gold Prices, Silver Prices, silver mine
The Chinese private sector's annual gold demand is set to increase 25% from the current level of around 1,100 mt to at least 1,350 mt by 2017, the World Gold Council said Tuesday in the 'China's gold market: progress and prospects' report. ...
Tags: Gold Demand, jewelry market
The rally in the gold price lost some steam on Wednesday, after traders booked profits from the metal's strong showing in February and a stronger dollar curbed demand. In lunchtime trade on the Comex division of the New York Mercantile ...
Tags: Gold Market, Precious Metals
China 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
China’s new buzzword, tuhao, may be in next year’s Oxford English Dictionary. The word caught the attention of the dictionary’s editing team after BBC’s recent program on influential Chinese words. “If its ...
Tags: tuhao, English Glossary
Chinese geologists confirmed on Tuesday that theycwith estimated reserves of 21 metric tons in south China's Guangdong Province. It is the third such gold deposit in the province and has a potential value worth billions of yuan, sources ...
Tags: Gold Deposit, Mineral
China's top price regulator has imposed penalties on a local gold and jewelry industrial association and five jewelry firms in Shanghai for price-fixing practices, China News Service reported Monday. The National Development and Reform ...
Tags: Gold Retailers
In 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
The sharemarket recorded its biggest one-day fall for nine months after minutes from the US Federal Reserve's recent policy-setting meeting revealed unease about the bank's stimulus efforts. The benchmark S&P/ASX 200 closed down 2.3 per ...
Tags: Stocks, sharemarket, share
In a desperate move to restrict imports of gold, the Indian Government and Reserve Bank of India (RBI) are planning to further increase import duty on gold from prevailing 4% to 6%. It had quadrupled the gold import duty from 1% to 4% last ...
Tags: Government, India, Jewellery Industry
What do the gold market and the weather have in common? You can forecast both, but predict neither, according to Brien Lundin, chief executive of Jefferson Financial and publisher of Gold Newsletter. Lundin, who also organizes the New ...
Tags: Finance, Gold, Rare Earth, Metallurgy
Silver Lake Resources and Integra Mining are closer to the completion of a merger set to create one of the largest gold producers in Australia. Integra's shareholders have overwhelmingly voted to support the merger with Silver Lake via a ...
Tags: Silver Lake Resources, Integra Mining, gold producers, Gold Market