Saturday, April 17, 2021
Tags Chinese gold

Tag: Chinese gold

Chinese Gold Consumption Drops over 18% in 2020

Gold consumption levels in China saw a sharp decline in 2020 amidst the turmoil of the COVID-19 pandemic, which drove a drop...

Chinese Banks Suspend Trading of Gold and Platinum Due to Concerns over Post-US Election Price Plunge

A slew of leading Chinese banks have announced the suspension of trading of gold and platinum due to concerns over market volatility...

Chinese Banks Suspend Precious Metal Transactions Due to Concerns over Price Fluctuations

Multiple Chinese banks have placed a kibosh on certain precious metal transactions following a surge in the value of gold, silver and...

Chinese Gold Demand Dives 13% in 2019, Hits Lowest Level in Three Years

Demand for gold saw a sharp decline in the world's largest gold market last year, according to the latest figures from the...

Chinese Gold Reserves Rise for Seventh Consecutive Month

Chinese central bank data indicates that China's gold reserves have risen every month since December 2018.

Chinese Central Bank Increases Official Gold Reserves for Fourth Consecutive Month

The latest data from the People's Bank of China indicates that China lifted its gold reserves for the fourth consecutive month in...

Chinese Gold Consumption First in the World for Sixth Consecutive Year

Data from China's peak body for the domestic gold sector indicates that Chinese consumption of the precious metal was first in the...

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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...