Ray Jia News Today

Chinas central bank has led the charge as it weans itself off dollar assets amid tensions with the U.S.

Chinese buyers, spooked by a protracted property slump and a recent stock-market rout, are rushing toward gold as economic uncertainty looms, propelling a global bullion rally.

ANN/CHINA DAILY – Rising gold prices have not dented consumer demand for jewellery in China. This trend will likely continue due to factors like yuan depreciation, need for safe-haven assets and the upcoming traditional wedding season, experts said. On Friday, the Shanghai Gold Exchange saw gold prices closing around CNY470 per gramme, up around 20 […]

The gold price in Yuan as well as US Dollars traded at a record Chinese New Year high on Friday as the Year of the Rabbit brought forecasts for strong household demand in the precious metals No.1 consumer market

Gold consumption in the nation during Chinese Lunar New Year boomed, indicating rosy growth prospects, with promotions from retailers and relatively low prices enhancing the attractiveness of the precious metal for many Chinese consumers, the World Gold Council said.

Gold consumption in the nation during Chinese Lunar New Year boomed, indicating rosy growth prospects, with promotions from retailers and relatively low prices enhancing the attractiveness of the precious metal for many Chinese consumers, the World Gold Council said.

Gold consumption in the nation during Chinese Lunar New Year boomed, indicating rosy growth prospects, with promotions from retailers and relatively low prices enhancing the attractiveness of the precious metal for many Chinese consumers, the World Gold Council said.