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  • October 22, 2014
  • Last updated: 4:39am
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Results 1 - 10 of 14703 for precious metals

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  1. Business - Companies

    Barrick to lay off 30 percent of its office staff

    Posted Jun 25th 2013, 12:45pm by Reuters

    ... and cutting jobs as the industry struggles with high costs and weak metal prices. Barrick, the world’s largest gold producer, confirmed on Monday a Reuters report that the layoffs were coming and said ...

  2. Business - Commodities

    Chinese lenders boost precious metals stock amid rising demand

    Posted Sep 03rd 2014, 01:33am by Bloomberg

    ... Bloomberg Mainland lenders are expanding gold-leasing business because it is not subject to loan caps Banks raise stock of precious metals as demand rises The value of precious metals held by the mainland's biggest lenders surged 66 per cent from a year ago as banks lease more gold, with tighter borrowing rules making it harder to lend funds. Precious metals held by Industrial and Commercial ...

  3. Exchange forecasts volatile trading in bullion

    Posted Jan 30th 2009, 12:00am by Staff Reporter

    ... increase the volatility of gold this year. Exchange president William Lee Tak-lun expects the precious metal to trade between US$730 and US$1,030 an ounce in the Year of the Ox, reflecting strong ... as investors see the precious metal as a safe haven amid the global financial turmoil. The first trade for 99-tael gold in the Year of the Ox was done at HK$8,118, the second-highest Lunar New Year ...

  4. Business - Money

    Gold climbs for 2nd day on safe-haven buying

    Posted Jul 04th 2013, 12:29pm by Reuters

    ... tapering its stimulus in the next few months, and possibly end the programme in mid-next year. The metal fell to nearly a three-year low of US$1,180.71 last week and is down 25 per cent for the year. Despite the lower prices, physical demand is not as strong as expected, dealers have said. Gold demand in India, the world’s biggest buyer of the metal, remained lukewarm on Wednesday ...

  5. Business - Money

    CME raises margins for gold as prices drop

    Posted Jun 21st 2013, 11:48am by Reuters

    ... Reuters in Chicago Gold prices fall more than 5 per cent to lowest in three years, prompting increase in margins for Comex gold The CME Group, parent of the Chicago Board of Trade, raised initial margins for Comex gold after prices plunged to their lowest ...

  6. Business - China Business - INVESTMENT

    Hong Kong jewellers keen on Qianhai site for precious metal warehouse

    Posted Feb 20th 2014, 01:16am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Gold bourse plans to invest HK$1b to develop warehouse with capacity to store 1,500 tonnes Jewellers keen on Qianhai site for metal warehouse The Chinese Gold & Silver Exchange Society is prepared to spend at least HK$1 billion to set up its metal warehouse in Qianhai, president Haywood Cheung Tak-hay told the South China Morning Post yesterday. ...

  7. Business - Commodities - TRADING

    Hong Kong gold exchange to lobby harder for precious metals bourse and warehouse in Qianhai

    Posted Feb 04th 2014, 03:02pm by Ray Chan

    ... Silver Exchange Society, which operates the precious metals exchange in Hong Kong, has set up a concern group to ramp up its lobbying efforts in the Qianhai special economic zone in Shenzhen ... biggest jewellery chain by market value. Demand for a scalable precious metals exchange was obvious, with more than 4,000 jewellery manufacturers in Shenzhen, said Cheung, who urged Hong Kong ...

  8. Business - Commodities

    China expected to buy more gold

    Posted Nov 13th 2012, 12:00am by Bloomberg

    ... Bloomberg China seen buying more gold China may add more gold to its reserves as the precious metal accounts for a lower share of total holdings compared with the United States, according to the London Bullion Market Association. "When comparing China to the US, it would seem that in China, gold asset allocation can only go in one direction," chairman David Gornall told ...

  9. Business - Money

    Bank of Korea raises gold holdings as central banks boost buying

    Posted Dec 05th 2012, 01:51pm by Bloomberg

    ... increased demand for the metal by central banks. The bank added 14 tonnes in November, bringing the total to 84.4 tonnes, the bank said. By value, holdings gained about US$780 million to US$3.76 ... as the metal accounts for a lower share of total holdings compared with the US, he said. Investors increased holdings in gold-backed ETPs to 2,627.035 tonnes as of Tuesday, data compiled by Bloomberg ...

  10. All things bright and beautiful the Christmas choice for Women's Forum annual party

    Posted Dec 03rd 2010, 12:00am by Yvonne Lai

    ... Yvonne Lai The Peninsula hotel function room looked more like a hothouse of yuletide flowers, with the 135 attendees of the Women's Forum Christmas party all sporting their most colourful dresses, jewellery and accessories. The reason? A chance to wi ...




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