china

The 30% rise in China’s private investor gold demand in the first three months of this year is seen as “a very strong signal” by World Gold Council member and market relations head John Mulligan . . . .

Major decline in gold production will continue into the future . . . .

The world is full of golden rules. There is one for every field: ethics, communication, fashion. But there is only one that counts, the golden rule of money: “Who has the gold makes the rules" . . . .

In 1978, one year after taking control of impoverished China, Deng Xiaoping declared “to get rich is glorious.” Since Deng’s declaration, China’s per-capita GDP has grown by over 5,000% . . . .

The importance of measuring gold imports into the Chinese domestic gold market – which are prohibited from being exported – is to come to the best understanding on the division of above ground reserves in and outside the Chinese domestic market . . . .

Hang Seng Bank says it has expanded its gold and forex trading departments to meet increased demand from clients over the past two years . . . .

China produced 453.5 tons of gold in 2016, a 0.76 percent rise from 2015 which sees the country confirmed as the largest gold producer in the world for the tenth consecutive year . . . .

Can Western gold investing rely on China + India to put a floor under 2017 prices . . . .

Britain’s HSBC bank is projecting gold at $1,550 per ounce by the end of 2017. Trump’s protectionist stance in the campaign, if he follows through with it while in the White House, could trigger trade wars that will destabilize global markets, which would boost gold prices . . . .

The rapidly evolving geopolitical “weapon” brandished by Russia is an ever increasing stockpile of gold, as well as Russia’s native currency, the ruble . . . .