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 rally. Prices hit a fresh peak.
Laopu Gold, a Beijing-based jeweller known for its handmade accessories, has emerged as a favourite among affluent consumers, as global luxury brands like Louis Vuitton and Gucci grapple with ...
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 ...
China says gold discoveries surpassing 168 metric tonnes (5.93 million ounces) have been made in multiple mining areas, marking the second official announcement of newly unearthed gold reserves in ...
With just 36 stores in Greater China, the Hong Kong-listed company sold 3.5 billion yuan (US$482.7 million) worth of pure gold and gem-set jewellery in the first half of 2024, up 148 per cent from ...
Gold prices hit a record high on Wednesday, bolstered by fears of a new trade war between the United States and China after Beijing slapped tariffs on U.S. imports in a response to new U.S. duties ...
The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a weakening local currency. The Shanghai–London gold price spread rose sharply ...
(Bloomberg) -- Gold rose to a new all-time high after US President Donald Trump’s 10% tariffs on China prompted swift retaliation from Beijing, buoying haven demand. Bullion gained as much as 1% ...
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 ...
Veteran Li achieved victory in three minutes and 25.25 seconds, marking China's 100th gold medal in Asian Winter Games history. Her teammate Meng Honglian secured the silver in 3:25.91 ...
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 ...