Average daily volume was 6.5 billion yuan (HK$8.2 billion) so far this year, compared with 1.8 billion yuan for the same period last year, according to the Chinese Gold & Silver Exchange...
- Sat
- May 25, 2013
- Updated: 5:41am
Trending topics
25 May 2013
In a survey, 12 analysts expect prices to rise next week, with nine bearish and eight neutral, the highest proportion of bulls since April 26. Bullion is poised for its first weekly gain in three...
2:53AM
22 May 2013
Chinese commodities firms are struggling to get trade loans as banks scrutinise their activities and hold back credit following Beijing’s orders to rein in currency speculation.
5:02PM
21 May 2013
While falling gold prices have sent a flood of Chinese housewives to Causeway Bay jewellery shops to hunt for bargains, Singapore's top investment official has warned that the precious metal still...
4:36AM
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20 May 2013
The Hong Kong Mercantile Exchange's failure to come up with a viable gold futures business proved to be its undoing as it wilted under competition from more established domestic and international...
4:18AM
17 May 2013
Gold dropped to the lowest in almost a month as filings showed that George Soros and BlackRock cut holdings of bullion-backed exchange-traded products, adding to signs that investment demand is...
4:06AM
On a conference call with investors last month, John Paulson, whose bet against the US subprime mortgage bubble in 2007 has been called "the greatest trade ever", boasted that one of his biggest...
5:23AM
Days after reporting some of the industry’s deepest losses, hedge fund billionaire John Paulson said investors should stick with managers for the long term and reminded a conference audience that...
1:22PM
China is the world's second-largest buyer after India, and in both countries the steep fall in international gold prices last month unleashed years of pent-up demand for coins and bars.
4:39AM
Chinese gold imports are likely to swell further after rising strongly for a second straight month in March, as investors seek safety from economic uncertainty and after prices plunged to a two-...
5:51PM
Taking advantage of the steepest drop in three decades, Chinese mothers have shored up prices by splashing out on gold for their daughters' weddings in the past couple of weeks, foiling the plan...
8:48AM
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...
3:47AM
3:59AM
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