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China's central bank has approved foreign exchange purchases by some commercial banks to pay for gold imports under recently ...
China expanded its gold reserves for a sixth straight month in April, underlining its push to boost holdings of the precious ...
The Shanghai Benchmark Gold Price PM and the LBMA Gold Price PM surged by 8.4% and 9.9%, respectively, both concluding Q1 with performances unprecedented in decades. The People’s Bank of China ...
The inflow into physically backed gold exchange-traded funds in April was the largest since March, 2022, with China-listed ...
Experts credited the surge to buying from the Asian market, and China in particular, telling Newsweek that gold bugs in both the public and private spheres appear to be increasingly banking on the ...
LONDON (Reuters) - Investment flows into Chinese physically backed gold exchange-traded funds so far this month have exceeded those for the whole of the first quarter and overtaken inflows ...
Chinese investors rushed to buy exchange-traded funds (ETFs) tracking gold in the first quarter of the year, as prices surged to record highs on rising geopolitical tensions amid the second term ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese investors are piling into gold funds at a record rate, as Donald Trump’s trade war and fears over ...
In China, gold trades at a premium to the global spot price. That spread has been $25 to $35 per ounce in the past week, down from a record high of $121 in mid-September, but still above its usual ...
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