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Results 1 - 10 of 402 for gold prices

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  1. Zijin Mining profit rises 45pc to 1.7b yuan on record gold prices

    Posted Jul 29th 2008, 12:00am by Carol Chan

    ... Carol Chan Zijin Mining Group, the mainland's largest gold producer by market value, said first-half profit surged 45 per cent amid record gold prices. Net profit for the six months ... price rose 25.48 per cent to 204.75 yuan per gram or about US$910 an ounce, when the global price of gold shot to a record high of US$1,011.50 an ounce in March. The average domestic price ...

  2. Gold price to surge 20pc as dollar weakness continues

    Posted Mar 15th 2008, 12:00am by Enoch Yiu

    ... to be weak,' said William Lee Tak-lun, president of the Chinese Gold & Silver Exchange Society. 'This drives liquidity in the gold market, meaning prices may well go up to test US$1,200 per ... the gold price has kept on rising for seven years.' Still, he said gold may face a short-term correction after hitting US$1,000 per ounce as some investors took profit. But in the long term ...

  3. Zhaojin on acquisition trail despite gold price decline

    Posted Aug 19th 2008, 12:00am by Carol Chan

    ... Carol Chan Gold producer Zhaojin Mining Industry may make two acquisitions by the end of this year to boost its mining assets as the company remains upbeat about gold prices despite ... prices, he added. Sino Gold Mining chief executive Jake Klein said his company was also optimistic and that prices would rebound to more than US$1,000 an ounce within the next 12 months. Sino ...

  4. Surging gold price makes calls to regulate traders more pressing

    Posted Mar 11th 2008, 12:00am by Enoch Yiu

    ... Pui-chung's call for better regulation of the city's hundreds of gold trading shops. With gold near US$1,000 an ounce, there are growing fears investors might be burnt by scams. Mr Chim has urged the government to state that gold trading be restricted to members of the Chinese Gold and Silver Exchange Society. Mr Chim obviously has his own agenda as members of the gold exchange are his ...

  5. Alibaba introduces low price Gold Supplier

    Posted Nov 04th 2008, 12:00am by Sherman So

    ... yuan for Gold Supplier, Alibaba's premium membership, but offers most of the basic functions. The company plans to reintroduce the Gold Supplier membership at the same price but with more ... Sherman So Alibaba.com, the largest business-to-business e-commerce website on the mainland, has introduced a low-price version of its premium membership in the face of the economic ...

  6. Hedging your bets

    Posted Jan 18th 2008, 12:00am by Amanda Lee

    ... Department, Hong Kong's inflation was 3.4 per cent last November. Some economists estimated that inflation could reach 3.8 per cent this year. Food prices in Hong Kong are set to remain high ... Chinese authorities to continue to step up tightening measures and policies in view of the higher consumer price and asset inflation. Elsewhere, inflation risk is a concern for central banks ...

  7. Investors mine gold producers as metal price rises to record

    Posted Jan 04th 2008, 12:00am by Carol Chan

    ... Carol Chan Shares in gold producers rallied yesterday after the price of the metal traded at a record high as demand for alternative investments increased amid a weakening US dollar and surging oil prices. Gold continued to climb and hit a record US$868 an ounce in London trade yesterday before slipping back to US$861.80. On Wednesday, the metal broke its historic high of US$850 ...

  8. SFC clears exchange-traded fund tracking the price of gold

    Posted Jul 24th 2008, 12:00am by Nick Westra

    ... Nick Westra and Cheryl Chui The Securities and Futures Commission has given the green light to Hong Kong's first exchange-traded fund tracking the price of gold as authorities speed ... to attract investors amid concerns about rising inflation and a weakening US dollar. Consumer prices in Hong Kong jumped to 6.1 per cent last month from 5.7 per cent in May. 'Gold has always ...

  9. Former gymnast paid the price for gold medal, but never gave up

    Posted May 01st 2008, 12:00am by Andrew Sun

    ... and fought his way to an Olympic gold in Atlanta for Switzerland. The Chengdu native, who started gymnastics at seven, performed a pommel horse demonstration at Sha Tin's New Town Plaza last ... to win a gold in 1996. He now promotes gymnastics in Switzerland and helps coach the country's young athletes. From his perspective, Li realises politics and sports are inseparable, but he ...

  10. Soaring price brightens Sino Gold's profit view

    Posted Feb 22nd 2008, 12:00am by Carol Chan

    ... Carol Chan Sino Gold Mining, the largest overseas investor in the mainland gold industry, expects to turn a profit this year on higher output and soaring gold prices. The Hong Kong and Australia-listed gold producer yesterday reported a bigger loss of A$24.9 million (HK$178.45 million) last year, compared with A$20.1 million in 2006, as financing and project start-up costs eroded ...




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