• Thu
  • Aug 28, 2014
  • Updated: 6:10am

Precious Metal

China expected to buy 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.

Tuesday, 13 November, 2012, 3:53am

Gold's return anything but precious for investors

'Gold passes US$1,000 an ounce'

SCMP headline, March 14

Gold bugs whom I know tell me that I should hang my head in shame. I have said for years that buying gold is a duff thing to do and people should go for stocks instead.

Big mistake. Gold is way up. Stocks are way down.

18 Mar 2008 - 12:00am

Gold lacks lustre and is worth little more than the trinkets it makes

I AM NOT a gold bug and I have been wrong. Over the past four years, the price of gold has risen almost 80 per cent in US dollar terms and reached an 18-year high.

20 Sep 2005 - 12:00am

Mainland may lead gold rush

The mainland has the potential to become the biggest gold market in the new millennium if deregulation of its market continues, according to the World Gold Council.

The council's manager for the mainland, Emily Li Yin-ming, yesterday said demand among the mainland's burgeoning middle class would rise if the market was liberalised sufficiently.

16 Mar 1999 - 12:00am

Gold imports drop as Asia crisis stings

Monthly gold imports into Hong Kong have continued to drop since a February high, as the regional crisis dampens consumption, dealers say.

Just 12.9 tonnes of the precious metal were imported into Hong Kong in May, the third consecutive month imports have fallen.

4 Aug 1998 - 12:00am