Notably, this policy adjustment marks gold as the first commodity that Chinese insurers have been explicitly permitted to invest in. Historically, China has restricted insurance funds from holding ...

Chinese nationals have also been chasing gold fortunes in Ghana, where Aisha Huang - known as the Galamsey Queen after her illegal mining operation - was sentenced in 2023 to four and a half years ...

Shandong Gold Group posted first-quarter net income of 1.3 billion yuan ($181 million), a 17.2% jump from the year-earlier period. Separately, the company’s Hong Kong-listed unit is seeking a ...

Chinese gold miners have been flocking to offshore capital markets to raise funds, fueled by the precious metal’s bullish outlook as prices soar to record highs. Chinese state-owned Shandong ...

Indians also bought 240 tonnes of gold bars and coins, and Chinese purchased a whopping 345 tonnes. In Thailand, demand for bullion jumped 17% in 2024 to 40 tonnes, owing to the growing popularity ...

Tmall kicked off its 618 shopping festival on May 18th with an impressive launch. In the first hour of sales, more than 13,000 brands saw their gross merchandise value (GMV) double compared to the ...

The R.S.F. has a ready market for its gold in the Emirates, where 2,500 tons of undeclared gold from Africa, worth a staggering $115 billion, were smuggled between 2012 and 2022, according to a ...

The gold rush coincides with a surge in prices for the precious metal, which extended gains last year to more than US$2,600 per ounce - up from about US$2,000 at the end of 2023 - as investors ...

One of China’s biggest gold miners is planning its second dollar bond offering in two weeks, the latest in a slew of global companies looking to tap growing investor interest in the precious ...