How China Became the World’s Largest Gold Consumer and Producer
China’s role as an economic powerhouse is particularly evident through the lens of the global gold market, in which the nation plays a substantial role. China is the largest producer of gold in the ...
Business Times7d
China central bank buys gold for 4th month as prices hit record
CHINA’S central bank expanded its gold reserves for a fourth month in February, as the precious metal rallied to a record high. Bullion held by the People’s Bank of China (PBOC) rose by 0.16 million ...
Reuters8d
China's central bank ups gold reserves for fourth straight month in February
BEIJING/LONDON, March 7 (Reuters) - China's gold reserves rose to 73.61 million fine troy ounces at the end of February from 73.45 million at the end of January, as the central bank kept buying ...
Seeking Alpha1mon
Chinese Insurers Set To Intensify China's Gold Rush
China's futures traders have been the driving force behind gold’s extraordinary $400 surge in March and April 2024. China’s decision to allow insurers to invest in gold may signal that ...
scmp.com28d
How a Valentine’s Day fad sparked a ‘gold rush’ in China
The price of gold jewellery has surged to record highs in China over recent months as jittery investors sought a safe haven for their savings. Now, an unexpected factor is causing demand for the ...
AOL11d
Gold prices rebound as Trump tariff deadline approaches
Additional tariffs against China are also expected. Gold futures are up more than 9% year to date. Strategists attribute much of the rally to continued central bank buying and uncertainty over US ...
Mining8d
China’s central bank ups gold reserves for fourth straight month
China’s gold reserves rose to 73.61 million fine troy ounces at the end of February from 73.45 million at the end of January, as the central bank kept buying the precious metal for a fourth stra ...