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  • November 23, 2014
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Results 1 - 10 of 11 for gold

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  1. Business - Commodities - GOLD

    Swiss 'gold vote' worries markets

    Posted Nov 20th 2014, 07:13am by AFP

    ... Agence France-Presse in Zurich A 'Yes' result would oblige the central bank to boost its bullion reserves to 20pc of holdings Swiss 'gold vote' worries markets As Switzerland prepares to vote this month on whether to force the country's central bank to increase its gold reserves, economists warn a "Yes" vote could wreak havoc in financial ...

  2. Business - Commodities - GOLD

    International gold trading launched in Shanghai free-trade zone

    Posted Sep 19th 2014, 04:56am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com City's free-trade zone toured by Premier Li Keqiang as Shanghai Gold Exchange unveils its trading platform for international investors Global gold trading launched in Shanghai The Shanghai Gold Exchange officially launched its international trading platform in the city's free-trade zone (FTZ) last night, the first such board ...

  3. Business - Commodities - GOLD

    China may boost gold reserves amid asset imbalances

    Posted Sep 17th 2014, 05:39am by Bloomberg

    ... Bloomberg in Beijing China may boost gold amid asset imbalances China may join other emerging-market economies in boosting gold reserves as the precious metal makes up a smaller share of the country's foreign-exchange holdings compared with developed nations, a London-based researcher said. The central government has not announced any changes to state gold reserves since authorities ...

  4. Business - Commodities - GOLD

    End of a long bullion run?

    Posted Jan 17th 2013, 12:00am by BLOOM

    ... Bloomberg in London and New York Gold has climbed in price for a record 12 years but market watchers are divided on just how much more shine it has as a hedge investment End of a long bullion run? Danske Bank and Credit Suisse Group, the most-accurate gold forecasters, say prices will probably peak this year while their nearest rival, UniCredit, sees no end in sight ...

  5. Business - Commodities - GOLD

    Low gold price spells lacklustre profit outlook for Zijin

    Posted Apr 11th 2014, 10:44am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Zijin Mining's key mine is yielding less as gold prices trend lower, adding pressure on the Fujian miner to maintain output with costly new projects Handed a double blow Zijin Mining, China's largest gold producer, is being hit by a lower gold prices and a decline in the gold content of ore at its mainstay mine. Analysts said that although ...

  6. Business - Commodities - GOLD

    China gold demand to slow from April surge amid decline in gift buying

    Posted Jun 01st 2013, 12:00am by Bloomberg

    ... Bloomberg in Beijing Secretary-general of China Gold Association says gift buying for weddings was brought forward Mainland demand to slow after April buying 'frenzy' Gold demand in the mainland, the world's largest consumer after India, may slow in the second half of this year after surging in April, said Zhang Bingnan, secretary-general of the China Gold Association. ...

  7. Business - Commodities - GOLD

    Chinese mothers beat Wall Street to force gold price rebound

    Posted May 03rd 2013, 12:00am by Enoch Yiu, Daniel Ren

    ... force gold price rebound Chinese mothers have beaten Wall Street hedge fund managers in forcing a turnaround in the price of gold after it dropped last month. Taking advantage of the steepest drop in three decades, they have shored up prices by splashing out on gold for their daughters' weddings in the past couple of weeks, foiling the plan of finance gurus who have been short ...

  8. Business - Commodities - GOLD

    Quantitative easing does little to boost gold prices

    Posted Jan 28th 2013, 12:00am by DILIP PARAMESWARAN

    ... Dilip Parameswaran moneypost@scmp.com QE3 provides no boost for bullion prices Gold is at a strange juncture. In sharp contrast to the previous two rounds of quantitative easing by the US Federal Reserve, gold prices are trending down, not up (see graph). Quantitative easing is inflationary. Gold offers protection on inflation. Investors should be buying gold now to guard against ...

  9. Business - Commodities - GOLD

    Gold loses shine, heads for biggest loss since 1920

    Posted Jun 27th 2013, 12:00am by BLOOM

    ... Bloomberg Gold loses shine, heads for biggest loss since 1920 Gold plunged to a 34-month low, set for a record quarterly drop, as US economic data strengthened the case for the Federal Reserve to reduce stimulus. Silver futures fell to the lowest since August 2010. Gold dropped 23 per cent this quarter, heading for its biggest loss since at least 1920 in London. Fed chairman Ben ...

  10. Business - Commodities - GOLD

    China's gold consumption poised to surpass India's this year

    Posted Jun 21st 2013, 12:00am by BLOOM

    ... and Beijing made investing easier, the China Gold Association said. China approved its first two domestic exchange-traded products backed by the metal this month while India raised levies to curb demand that is feeding a current-account gap. The two countries account for more than half of global demand. "We saw some frenzied buying following gold's rout in April and our ...




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