(Bloomberg) -- China’s central bank expanded its ... Retail sales of discretionary items like jewelry have cratered, though gold bars and coins have held up for the first three quarters as ...
What is being dubbed as the largest gold deposit in the world has been found in China, state outlet Xinhua news said. The gold reserves are worth 600 billion yuan, according to Reuters ...
The discovery of a new gold deposit in China could be a catalyst for gold ... gold demand seems to be driven by investment, jewelry, and technology and electronics, rather than by central banks.
China has found gold reserves worth 600 billion yuan (US$82.9 billion) in central Hunan province, according to state outlet Xinhua news. China is the world's largest gold producer, accounting for ...
China's central bank expanded its gold reserves in November ... Retail sales of discretionary items like jewelry have cratered, though gold bars and coins have held up for the first three quarters as ...
When gold demand outstrips gold supply, the price of gold goes up. The chief areas of gold demand are in gold jewelry. In 2017, 46% of demand for gold was for jewelry. There is also the use of gold in ...