A Japanese city devastated by the 2011 tsunami has received anonymous gifts of gold worth more than US$250,000 in a phenomenon dubbed a "goodwill gold rush", as the second anniversary of the...
- Mon
- Mar 4, 2013
- Updated: 7:55pm
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Soros Fund Management reduced its investment in the SPDR Gold Trust, the biggest fund backed by the metal, by 55 per cent to 600,000 shares as of December 31 from three months earlier, a US...
The Year of the Snake, according to fung shui master Wong Man-chiu, will continue to be a volatile year in both the macro economy and the stock and property markets.
Hong Kong’s net gold flow to mainland China jumped 47 per cent last year to a record high of 557.478 tonnes, indicating robust demand in China, which vies with India to be the world’s top gold...
A member of the Miyun county People's Political Consultative Conference has been stripped of his membership because of a recent scuffle he had at a local hotel, The Beijing News reports.
The finance minister of India, the world's largest buyer of gold, said yesterday the country must control its spending on the precious metal to balance trade and channel resources to more...
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 to the 12-year bull...
Gold may test the US$2,000 threshold this year, say fund managers and gold traders, who believe low interest rates and rising demand for physical gold from Asia will boost prices.
The Bank of Korea increased gold reserves 20 per cent last month to diversify investments, boosting holdings for the fourth time since June 2011 and underscoring increased demand for the metal by...
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