Search results:

China

Demand for Gold Surges in China

Blog entry

News reports flooded the precious metals news websites that China has drastically increased its quota on how much gold that nation’s banks can import. “China has given domestic and international banks permission to import large amounts of gold into the country, five sources familiar with the matter said, potentially helping to support global gold prices […]

READ MORE

WESTERN DIGITAL GOLD MARKET IS BREAKING UP AS CHINA and ASIA ASSUME DOMINANCE

Blog entry

◆ Physical Gold Market Is Globalising As People and Institutions Globally but Particularly in Turkey, the Middle East, South East Asia, India, China Assume Dominance Over Banks in New York and London ◆ The London and New York fractional, unallocated bank gold trading and digital gold market is breaking up ◆ “This wasn’t peak fear. […]

READ MORE

China May Have Over 10,000 Tons of Gold and The U.S. Has Less Than 8,100 Tons

Blog entry

◆ SILVER SHOULD BE 10x HIGHER & WARREN BUFFETT IS “TALKING HIS BOOK” ON GOLD” Tom of Palisade Radio welcomes Mark O’Byrne, Research Director and founder of GoldCore, back to the show. GoldCore is Ireland’s leading gold bullion broker and storage specialist (est. 2003). Mark discusses the overall world economy and how it will only […]

READ MORE

Trump Threatens China Seeking $160 Billion In “COVID-19 Reparations”after China Gold Exchange Calls For New Super Sovereign Currency

Blog entry

NEWS and COMMENTARY Gold ticks up as dollar weakens; Fed decision eyed Trump says “COVID-19 reparations” coming, “US will bill China at least $160 billion” China Gold Exchange President Calls For Super Sovereign Currency Post-Crisis China starts major trial of state-run digital currency Fed likely to renew vow to use “all tools” to “brace” economy […]

READ MORE

Gold Jewellery Demand In China To Fall On Virus; HNW and Institutional Gold Demand May Increase

Blog entry

◆ Sales of gold jewellery in China are set to plummet this year as the economic damage from the deadly coronavirus crisis widens ◆ People not “in mood” to shop for jewellery says China Gold Association ◆ Luk Fook shortens business hours at stores to curb infections ◆ Editors note: China’s gold jewellery demand will […]

READ MORE

Gold Futures Fall On Trade Deal Hopes; Central Banks of China, Russia, Turkey Buy Gold Bullion

Blog entry

NEWS and COMMENTARY Gold falls as trade-deal uncertainty cuts safe-haven demand China says it has agreed with the US to cancel existing trade tariffs in phases BOJ to continue massive monetary stimulus to hit 2% inflation Dow futures jump 100 points after China and US reportedly agree to remove existing tariffs Syria is lost, Lebanon’s […]

READ MORE

China’s Central Bank Buys 100 Tons Of Gold As Trade and Dollar Tensions With U.S. Escalate

Blog entry

◆ China has added more than 100 tons of gold bullion bars to its gold reserves since it resumed buying in December; China’s gold holdings rose to 62.64m ounces in September, an increase of 190,000 ounces in one month ◆ The People’s Bank of China (PBOC) increased it’s gold reserves for a 10th straight month […]

READ MORE

Gold Imports Into China Surge 61% From 8 Year Low To 13 Tonnes

Blog entry

◆ Gold is 0.6% lower today at $1,497/oz and appears headed for a 1.1% fall this week after a 2% gain last week ◆ Gold looks set for a near 2% loss in September which will encourage bargain hunters buying on weakness; The dollar remains near multi-week highs despite poor U.S. economic data of late […]

READ MORE

Gold At 3 Week High As Stocks and Dollar Fall On Trump’s Hard Line Stance Against Iran and China

Blog entry

◆ Gold has edged higher to reach three week highs at $1,535/oz today after Trump took a hard-line stance on China and Iran during his U.N. speech ◆ Stocks fell in the U.S. yesterday and today in Europe on increasing political turmoil in the U.S. and the UK; Concerns about the global economy and the […]

READ MORE

Gold Marginally Higher; China Buys 100 Tons of Gold For Its Reserves In 2019

Blog entry

◆ Gold eked out small gains of 0.4% to $1,512/oz after falling nearly 1% last week; Improved risk appetite are capping gains for now ◆ Gold may go lower in the short term and support is at $1,500 and $1,450 per ounce but strong global safe haven demand from investors, family offices and central banks […]

READ MORE
Newsletter
Category
Archives
Popular

No posts available