News

The rise in imports is likely due to the People’s Bank of China allocating fresh quotas to some commercial banks in April. Copper $ 4.9085 / lb 2.90% Brent Crude Oil $ 71.71 / bbl -10.37% ...
Industry data on Monday showed China's gold industry situation in Q1 2025. Gold output reached 87.24 metric tons, growing 1.49% year - on - year. However, gold consumption was 290.49 tons, down 5. ...
China's domestic gold production rose 1.49% year-on-year to 87.243 tons in the first quarter of 2025. Including gold produced from imported materials, which totalled 53.587 tons, ...
China's AI-powered Gold ATM melts, tests, and pays for gold in 30 minutes. A fintech leap that makes gold trading fast, transparent, and high-tech. Preeti Anand. 24 Apr 2025 20:02 IST Follow Us. New ...
China has installed a gold ATM in Shanghai that melts the precious metal, evaluates its purity and weight, and then transfers the value to a bank account within 30 minutes.
China's massive, potentially undeclared, gold reserves could challenge the dollar's dominance, says expert Craig Hemke. By PR APRIL 13, 2025 18:14 ...
After China's additional tariff announcement, Gold dropped 2.17 per cent to ₹ 88,099 per 10 grams on Friday at 7:34 p.m. (IST), compared to ₹ 90,057 at the previous commodity market close.
The People’s Bank of China (PBoC) continues to buy unprecedented amounts of gold as the global financial is deleveraging. This article is an analysis of formal and informal sources that indicate ...
The continuous rise in gold prices in India has been a major concern for the common people. Currently, the price of 24-carat gold is hovering around Rs. 90,000 for 10 grams. Meanwhile, China has ...
China's gold reserves rose to 73.61 million fine troy ounces at the end of February from 73.45 million at the end of January, as the central bank kept buying the precious metal for a fourth ...
Gold prices reached an all-time high on Tuesday, after U.S. President Donald Trump's tariffs on Canada, China and Mexico added to concerns about inflation that could dent economic growth. On ...
The People’s Bank of China announced the addition of 10t of gold in December, its second consecutive monthly purchase. Pla2na/iStock via Getty Images Gold levels off in December and ends 2024 ...