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China is in the midst of a massive gold-buying spree. Consumer demand for the trusty commodity is skyrocketing and the nation's central bank is busily filling its coffers with vast quantities of ...
An employee sorts gold ornaments at a jewelry shop in Lianyungang, Jiangsu province. [PHOTO by SI WEI/FOR CHINA DAILY] China's mined gold output in the first three quarters of 2024 fell by 1.17 ...
[Photo/Xinhua] SHANGHAI - The FINA Swimming World Cup in Shanghai concluded on Sunday, with China securing a total of six gold, 11 silver, and seven bronze medals. Tang Qianting and Tang Muhan ...
Total demand fell by 22% to 218 tons in the three months to September, according to Bloomberg calculations based on data from the China Gold Council on Monday. Jewelry consumption tumbled 29% to ...
Commissions do not affect our editors' opinions or evaluations. The price of gold today, as of 8:17 am ET, was $2,691 per ounce. That’s down 0.57% from yesterday’s gold price of $2,706.
Gold demand in China — the world’s biggest consumer — plunged by more than a fifth in the third quarter as record prices and a sluggish economy dented consumption, especially for jewelry.