Gold Price articles & resources on Made-in-China.com

Beijing Stores Cut Gold Prices on Slump

Oct 11, 2016

The 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

China Gold Imports From Hong Kong Fall 15 in Aug

Sep 30, 2016

Chinese gold imports from Hong Kong totaled 51 mt in August, down 15% from 59 mt a year earlier, data released by the Hong Kong Customs and Statistics showed Wednesday. The figure is down around 45% from 91 mt reported in July and is the ...

Tags: gold imports, gold price

Global Gold Demand up 21% in Q1 to 1,290 Mt

May 14, 2016

Global gold demand totaled 1,290 mt in the first quarter, up 21% from 1,070 mt a year earlier, as the biggest quarterly inflow into exchange-traded funds since 2009 offset a steep decline in jewelry demand, the World Gold Council said in a ...

Tags: gold demand, gold

Gold Industry in Denial on Debt, Losses, and Needs to Explore More: Randgold

Dec 2, 2015

The gold industry is not doing enough to combat debt and rising losses and not investing enough in exploration, Randgold CEO Mark Bristow said Tuesday. "A number of major companies in the industry today are simply not viable," Bristow ...

Tags: gold industry, Mines

Gold Hits Three-Month Low Under $1,100/Oz on Strong Dollar

Nov 10, 2015

Spot gold was trading at three-month lows Monday morning, below $1,100/oz on COMEX for the first time since August on a strong US dollar, boosted Friday by strong US jobs data. Data showed Friday 271,000 new jobs were created in the US in ...

Tags: Gold, US economy

The History Behind … 1970s Style

Nov 2, 2015

The 1970s is a decade that never seems to go out of style. This fall, the fashion runways in New York were full of fringe, suede and flares plus plenty of autumnal colors, and jewelry is following suit. Yellow gold is back in a ...

Tags: jewelry, metals, gemstones

China Gold Price up

Aug 27, 2015

China's become the largest gold producer in the worldwide since 2007. Gold is throughout the country, mainly concentrated in Shandong, Henan, Jiangxi, Fujian, Yunnan, etc. China also is the world's top consumer of gold - Chinese people love ...

Tags: gold, Gold prices

SGE Trys to Offer The Renminbi-Denominated Gold-Fixing Price This Year

Mar 12, 2015

The 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

Chinese Gold Demand Declined 40%

Nov 17, 2014

Chinese gold demand declined 37% in last quarter year-to-year, as sales of gold bar, gold coin and ornament falls, according to the report released by World Gold Council. The report said that Chinese gold demand decreased to 182.7 t. The ...

Tags: Gold, gold bar, gold coin

Global Jewelry Import and Export Analysis

Aug 15, 2014

Global Import Value Trend of Jewelry (HS: 71) from 2010 to 2012 The total import value of global jewelry increased year by year from 2010 to 2012, and the import value of 2012 amounted to 576.73 billion US dollars, with an increase of ...

Tags: Global, Jewelry, Accessories

This Year Will Likely Be a Year of Consolidation for Gold and Silver Prices

May 9, 2014

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

Gold Price Showed a Crimping of Demand From Top Importer China

Apr 30, 2014

The 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

The Gold Price Forecast Is 13% Lower Than The 2013 Average of $1,411.23/Oz

Apr 21, 2014

A lack of investment interest in gold is starting to take its toll on the price, with an average of $1,225/oz forecast for 2014 and heading lower in 2015, GFMS said Thursday in its Gold Survey 2014. The price forecast is 13% lower than ...

Tags: Gold Price, Physical demand

The Rally in The Gold Price Lost Some Steam on Wednesday

Mar 4, 2014

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

Tully Raised Her One-Month Forecast by $40 to $1,280/Oz

Feb 24, 2014

Market sentiment toward gold appears to be moving from outright bearish to "neutral/slightly positive" according to UBS Strategist Edel Tully in a note published late Wednesday. Tully raised her one-month forecast by $40 to $1,280/oz. ...

Tags: Market sentiment, Mineral

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