China’s consumption surpasses its mining capacity, resulting in significant imports from countries such as Australia and South Africa. While global gold prices rose following the announcement of ...
Gold’s strength sustained - during the period from 27 January to 28 February 2025, the LBMA Gold Price PM was up by 3.4% and the Shanghai Benchmark Gold Price PM rose by 4.3%.
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 stra ...
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