The World Gold Council has forecast a continued surge in gold investment demand in China albeit at a moderated pace this year ...
A pilot program in China that allows insurers to buy gold for the first time could free up billions of dollars of investment ...
Photo: VCG Chinese consumers are rushing to buy gold ... Apart from gold jewelry, gold bars and coins, which have more prominent hedging and value-preserving properties, also experienced hot ...
Gold demand followed prices higher and set a new record in 2024, driven by robust central bank gold buying and surging ...
Investment in bars and coins has held up ... As a major importer, gold buyers in China often have to pay over the odds to secure bullion. But the so-called Shanghai premium actually flipped ...
China, the world’s biggest bullion consumer, will allow some of its insurance funds to buy gold for medium- and long-term asset allocations as part of a pilot project, the country’s financial ...
You can get in touch with Micah by emailing m.mccartney@newsweek.com. The Chinese are gobbling up gold despite its record-high price as U.S.-China trade tensions enter a fresh phase. Newsweek ...
The growing fears of a US-instigated trade war may have opened up the opportunity for gold (XAU) to gain over Bitcoin (BTC).
December’s inflow and a strong gold price pushed the total assets under management of Chinese gold ETFs to a record high of RMB71bn, jumping 150% over the year. The People’s Bank of China ...
CHINA’S central bank added gold to its reserves in January for a third month, official data by the People’s Bank of China (PBOC) showed on Friday (Feb 7). China’s gold reserves were 73.45 million fine ...
(Bloomberg) -- A pilot program in China that allows insurers to buy gold for the first time could free up billions of dollars of investment in the metal, adding further impetus to a record-setting ...
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