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Results 1 - 10 of 16272 for gold prices

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  1. Business - Commodities - PRECIOUS METALS

    Gold price rise limits mainland imports

    Posted Oct 12th 2012, 12:00am by Celine Sun

    ... Celine Sun in Beijing celine.sun@scmp.com Gold price rise limits China imports The mainland's net gold imports from Hong Kong fell 26 per cent in August from a year earlier as consumption of the precious metal across the border weakened as a result of surging gold prices. Hong Kong shipped 53.508 tonnes of gold to the mainland in August and imported 24.193 tonnes. The net ...

  2. Deregulation to lift gold price, turnover

    Posted Jan 27th 2004, 12:00am by Staff Reporter

    ... Kelvin Wong A deregulating Chinese gold market would help strengthen gold prices and boost turnover in the market this year, according to Chinese Gold and Silver Exchange Society president Fung Chi-kin. Mr Fung said he expected the gold price to climb as high as US$460 per ounce this year, continuing the momentum it sustained last year when prices fluctuated between $318 ...

  3. Putting a fair price on gold- easier said than done

    Posted Jul 18th 2011, 12:00am

    ... Tom Holland Gold is on a roll. Last week, with fears growing about possible sovereign debt defaults by Italy and even the United States, the price of bullion climbed to a record ... Economics suggests a number of different ways of assessing the current price of gold. First, he points out that although last week's high was a record price in nominal returns, gold has set far ...

  4. Zhaojin Mining profit surges on gold price

    Posted Aug 15th 2011, 12:00am

    ... Eric Ng Gold miner Zhaojin Mining Industry, which is based in Shandong province, posted a 28.3 per cent year-on-year rise in net profit to 720.13 million yuan (HK$876.61 million) for the year's first six months thanks to higher output and gold prices. Sales surged 49.2 per cent to 2.5 billion yuan on the back of an 11.8 per cent rise in gold output to 11.43 tonnes. ...

  5. Geopolitics boost gold

    Posted Mar 13th 2012, 12:00am

    ... Gold prices have begun firming in the past month or so, after Israel began threatening to launch air strikes against Iran's nuclear facilities. Western nations have slapped an oil ... are interesting. Assuming Iran exports two million barrels a day, at present oil prices, the value of one year's production is about US$90 billion. This is equivalent to about 1,700 tonnes of gold ...

  6. 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 ...

  7. Surging prices

    Posted Apr 25th 2008, 12:00am by Peta Tomlinson

    ... Peta Tomlinson Investors rush to Gold Coast for luxury properties, but new projects cannot keep up with demand Queensland's Gold Coast has an average of 277 days of sunshine a year ... per cent in January on the monthly average for last year- with most of the inquiries coming in for the Gold Coast and Sydney,' says Peter Mindenhall, business and media manager ...

  8. Business - Comment

    Plans to hitch the US$ to gold are doomed to certain failure

    Posted Aug 28th 2012, 12:00am by Tom Holland

    ... Plans to hitch the US$ to gold are doomed to certain failure It's almost a year now since the price of gold hit an all-time record of US$1,921.15 an ounce. At the time, gold euphoria ... and the gold price collapsed 20 per cent by the end of the year. In recent weeks, however, the market has perked up again. In the last three months renewed investor buying has seen the quantity of gold ...

  9. 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 ...

  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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