China is taking a calculated move to pre-empt the 14th Dalai Lama Tenzin Gyatso from announcing his succession plan in 2025.
By contrast, the big buyers over the past 25 years have been other central banks, notably China. According to the World Gold Council, it bought 1,037 tonnes last year, with the People's Bank of ...
Gold is rising on a revival of Chinese demand for the precious metal. Technically, XAU/USD trends sideways, with odds still favoring an eventual break higher given the broader uptrend. Gold (XAU ...
We could see the shift of gold from the West to the East in gold imports flowing into China. We can also see China’s appetite for gold in activity on the Shanghai Futures Exchange. A sagging ...
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The Chinese Panda Gold Coin ranks high on the list when it comes to valued, well-renowned, popular gold coins. The Chinese Mint issued this coin for the first time in 1982. The collection includes ...
Central banks in emerging markets and households in China and India are the main drivers of increasing gold prices, new research from the Banque de France (BdF) shows. The monetary authorities in ...
An employee shows gold ornaments at a jewelry firm's display hall in Hangzhou, Zhejiang province. NI LIFANG/FOR CHINA DAILY The Chinese gold market, which is evolving from a follower to a leader ...
Goldman Sachs forecasts a significant rise in gold prices due to imminent Fed rate cuts, while weak demand from China impacts other commodities. Spot gold has surged 21% this year, prompting a revised ...
The Chinese gold market, which is evolving from a follower to a leader, is expected to play a bigger role globally in the years to come, said the top executive of the World Gold Council.
While China’s rapid growth had fuelled a “gold rush” in the past, said Kher Sheng Lee, co-head of Asia Pacific for the Alternative Investment Management Association, “today, it’s more ...
Goldman Sachs believes gold has the highest potential for a near-term price hike due to its status as a preferred hedge against risk, while weak demand from China has led to a "more selective ...