Posted inAustralia, China, Hong Kong, Oceania, Russia, World

China eyes Obor Gold Rush as it seeks to build reserves

China’s demand for investment-grade gold is going up. The first quarter of 2017 saw a 60.2% rise in demand for physical gold bars, compared to 22.4% growth for the year-earlier period. Recovering from a 14.4% decline during the same period last year, demand for gold jewelry rose just 1.4%, which is to be expected when […]

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