News

Gold prices rose on Tuesday with global trade tensions supporting demand for safe-haven assets, and investors awaiting U.S.
China's total gold imports via Hong Kong fell 1.5% in May from April, Hong Kong Census and Statistics Department data showed on Friday. WHY IT'S IMPORTANT As the world's leading gold consumer, China's ...
A wave of Chinese gold miners is pushing to raise funds in Hong Kong, seeking to capitalize on rising investor interest in ...
April 11 (Reuters) - The price premium for gold in top consumer China above global benchmark spot prices widened this week due to consumers and investors seeking refuge from the country's ...
China already held considerable sway in gold markets. But the country’s influence has become more pronounced during this latest bull run — a nearly 50 percent increase in the global price ...
Gold is often considered a safe investment during times of economic or geopolitical turmoil, and China’s slowing economy and trade war with the United States could be driving some of the demand.
In the first quarter of this year, Rotbart says, China's consumption of gold bars and coins rose 68% compared with the same quarter last year. ROTBART: And it is performing very well, of course.
Though China's gold holdings comprise just 4.6 percent of its total reserves, according to the World Gold Council, the metal is among a bevy of commodities the government has been buying up at a ...
Then we have to add gold held in China, whether as bullion or jewellery, before 2000. The World Gold Council estimates a figure of 2,500 tonnes in privately-held jewellery.
Gold imports to China have surged over 700% since 2010, according to the latest data from Hong Kong. Exactly what China is doing with all that gold remains somewhat of a mystery.