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  • October 22, 2014
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Results 1 - 10 of 23 for precious metals

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  1. Business - Money - PRECIOUS METALS

    Gold price seen as still high despite big fall

    Posted May 21st 2013, 03:33pm by George Chen

    ... official has warned that the precious metal still looks overpriced. Lim Chow Kiat, the chief investment officer of the Government of Singapore Investment Corp, told a forum yesterday ... according to the Sovereign Wealth Fund Institute. Lim's comments were made against the backdrop of a slumping gold price. The precious metal has tumbled 17 per cent this year, amid rumours ...

  2. Business - Commodities - PRECIOUS METALS

    Gold rush sparks run on American Eagle coin

    Posted Apr 25th 2013, 12:00am by BLOOM

    ... Bloomberg in New York Gold rush sparks run on American Eagle coin The US Mint ran out of its smallest American Eagle gold coin after demand surged following the biggest drop in futures in three decades. Sales of the coins weighing a 10th of an ounce were ...

  3. Business - Commodities - PRECIOUS METALS

    Silver expected to outshine gold

    Posted Jan 11th 2013, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com More gains forecast for the precious metal this year as fundamentals are strong but traders says thin volume poses risks to investors Silver expected ... that the continuing euro-zone debt crisis had led investors to pay more attention to these two precious metals. According to British fund house Schroders, silver has beaten gold in the past 10 years ...

  4. Business - Commodities - PRECIOUS METALS

    Hong Kong secures nod for Qianhai metal vault

    Posted Sep 17th 2014, 05:39am by Enoch Yiu

    ... and the People's Bank of China to set up a precious metals vault in the Qianhai special economic zone in Shenzhen, society president Haywood Cheung Tak-hay told the South China Morning Post yesterday. ... nod for Qianhai metal vault The mainland is speeding up liberalisation of its gold market, granting approval to the Hong Kong-based gold bourse to establish a HK$1 billion metals vault ...

  5. Business - Commodities - PRECIOUS METALS

    Gold price rise limits mainland imports

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

    ... 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 ... in the first half of this year before declining in August. Official statistics show imports of the metal between January and July were more than four times as much as in the same period last year. ...

  6. Business - Commodities - PRECIOUS METALS

    Gold drops after fund holdings fall

    Posted May 02nd 2013, 12:00am by BLOOM

    ... Exchange-traded products lost US$18 billion last month as faith in the metal as store of value ebbs The price of gold fell more than 2 per cent yesterday, set for its biggest daily drop since the metal's historic decline in mid-April, hit by a commodities sell-off and uncertainty ahead of a policy statement by the US Federal Reserve. Spot gold fell 2.2 per cent ...

  7. Business - Commodities - PRECIOUS METALS

    Price of gold tipped to remain high

    Posted Nov 14th 2012, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Tight supply, rising demand in India and increased central bank buying all factors but ore's safe-haven allure will eventually diminish Gold price tipped to remain high Gold prices will likely stay high next year as mine-su ...

  8. Business - Commodities - PRECIOUS METALS

    Silver market sets scene for new benchmarking in electronic era

    Posted Aug 15th 2014, 10:33am by Reuters

    ... the increased scrutiny of precious metals "fixes" by European and United States watchdogs in the wake of benchmark manipulation in other financial markets. The new price mechanism is not only ... Bank and Barclays declined to comment on whether they would be involved in the process from day one. Bank of Nova Scotia, Mitsui Precious Metals and Goldman Sachs did not respond to a request ...

  9. Business - Commodities - PRECIOUS METALS

    Gold falls as Soros and BlackRock cut investments

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

    ... 18 per cent this year, tumbling into a bear market last month, as some investors lost faith in the metal as a store of value. The US dollar has rallied 5.2 per cent against a six-currency ...

  10. Business - Commodities - PRECIOUS METALS

    Gold price rally defies bearish forecasts

    Posted Jul 09th 2014, 05:19am by Bloomberg

    ... Bloomberg in New York Precious metal has rebounded as concerns over inflation and unrest send investors to gold haven Gold regains attraction after sharp sell-down Gold is precious again. After investors sent bullion tumbling last year by the most in three decades and kept dumping the metal earlier this year, demand is now up and prices are defying bearish forecasts. Money ...




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