China's futures traders have been the driving force behind gold’s extraordinary $400 surge in March and April 2024. Read more ...
The program marks the first instance where Chinese insurers are explicitly permitted to invest in a commodity like gold.
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We recently compiled a list of the 10 Best Gold Stocks to Invest in for Portfolio Diversification. In this article, we are ...
(Bloomberg) -- A pilot program in China that allows insurers to buy gold for the first time could free up billions of dollars of investment in the metal, adding further impetus to a record-setting ...
Micah McCartney is a reporter for Newsweek based in Taipei, Taiwan. He covers U.S.-China relations, East Asian and Southeast Asian security issues, and cross-strait ties between China and Taiwan.
Gold sets forth its string a fresh record highs with a new one at $2,830.70 on Monday. The US is being slapped with ...
CHINA, the world’s biggest bullion consumer, will allow some of its insurance funds to buy gold for medium- and long-term asset allocations as part of a pilot project, the country’s financial ...
BEIJING - China on Friday launched a pilot program allowing certain insurance companies to invest in gold as part of their medium to long-term asset allocation strategies. The move aims to broaden ...
CHINA’S central bank added gold to its reserves in January for a third month, official data by the People’s Bank of China (PBOC) showed on Friday (Feb 7). China’s gold reserves were 73.45 million fine ...
China's 2025 Spring Festival holidays sparked a gold purchase rush among consumers, even as the price of spot gold hit a record of $2,830 per ounce on Tuesday. This indicates vibrant consumption ...
China’s central bank expanded its gold reserves for a third month in January, even as the precious metal kept rallying to a record high. Bullion held by the People’s Bank of China rose by 0.16 ...
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