London specialist consultancy GFMS reckons Chinese gold imports could exceed 400 tonnes in 2011 with silver, too, expected to exceed domestic supply Originally from Mineweb – Daily news headlines
As concerns about rising inflation in both countries increases the appeal of gold as a store of value, traders and investment bankers maintain that imports are set to surge this year Originally from Mineweb – Daily news headlines
Gold and silver rose on the open in Asia and have continued those gains so far in European trading with the Libyan military conflict leading to a safe haven bid and falls in the dollar and yen. The all time and multiyear nominal dollar highs set on March 7th ($1,444.95/oz and $36.75/oz) look set to [...]
SAN FRANCISCO (MarketWatch) — Canadian stocks climbed Monday, with resources shares gaining ground after the Chinese government reported that a 51% year-on-year jump in January imports cut the nation’s monthly trade surplus in half to $6.5 billion. The S&P/TSX Composite Index rose 0.6% to 13,854, with the S&P/TSX Capped Diversified Metals & Mining Index adding [...]
Nepal’s commercial banks are back in the business of importing gold and silver to the consternation of the country’s precious metals traders. Originally from Mineweb – Daily news headlines
Gold and silver are higher again today in all currencies after eking out marginal gains yesterday, when gold rose to new record nominal highs in euros and in British pounds at £895.44/oz. The weakness of sterling against gold shows that the euro and the dollar are not the only currencies about which investors are concerned. [...]
THE PRICE OF physical gold bullion in large, wholesale-market approved bars traded near 3-week highs in London on Thursday, holding within 1% of yesterday’s new all-time records for Euro and Sterling investors as world stock markets rose alongside commodities. Originally from The Market Oracle
China’s gold imports are reportedly on track for a sharp increase this year, with data showing bullion shipments up fourfold from the year earlier amid rising interest among investors seeking out a hedge against inflation. Originally from MarketWatch
China’s gold imports are reportedly on track for a sharp increase this year, with data showing bullion shipments up fourfold from the year earlier amid rising interest among investors seeking out a hedge against inflation. Originally from MarketWatch
A rapidly growing appetite for gold among Chinese investors has pushed up China’s gold imports dramatically in the first 10 months of the year Originally from Mineweb – Daily news headlines
China’s gold imports are reportedly on track for a sharp increase this year, with data showing bullion shipments up fourfold from the year earlier amid rising interest among investors seeking out a hedge against inflation. Originally from MarketWatch
China’s gold imports in the first 10 months jumped almost fivefold from the entire amount shipped in last year as concern about higher inflation increased its appeal. Originally from smh.com.au Business News.
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