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Tag Archives | china

Gold Rally

Gold – Bullish combination could prevail

A round up this quarter In the first three months of 2016 gold rallied 16 percent after falling about 10 percent in 2015. A component in the rise included higher risk aversion, downward revisions to the Fed’s tightening cycle and brighter sentiment across commodities. However we foresee gold strengthening further and ranging between $1,180 and […]

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gold-bullion

China Find $15bn of Fraudulent Gold in System

Bloomberg reports the chief auditor of China’s financial institutions has found $15.2bn worth of loans backed by gold transactions are fraudulent. The finding of such a high amount of fake gold in the system could seriously backfire on the economy and the price of gold bullion. The National Audit Office found 25 bullion firms involved […]

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gold-bullion

The Gold Battle Between East And West

There appears to be a price war on precious metals at the moment. The Asian market is intent in bring prices down whereas the Wall Street needs to buy. It’s making a rollercoaster of the market and presenting traders with prime opportunities to make short-term gains. Gold prices were dragged to almost $1305 an ounce […]

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gold-bullion

The Cutest Gold Coin, China Panda Makes An Ideal Gift

As the name implies, the China Panda gold coin features one of the Republics most well-known and most loved symbols, the cuddly Panda Bear. The adorable design has graced the valuable gold coins since they were first introduced in 1982 and has become a popular collector’s item and gift idea. The China gold Panda coins […]

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gold-bullion

China’s Struggle To Make Yuan World Reserve Currency

China has made yet another move – this one the boldest of them all – towards eventually succeeding in making its currency strong enough to succeed the US dollar as the world’s preferred reserve currency. You have to admire the Chinese for their tactics. Combining hard work, diplomacy, a low profile to the extent of […]

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gold-bullion

Gold Prices Monitoring Chino-Russian Friendship

Gold prices have been orbiting the US$1,300 an ounce psychological threshold for a little over a month now. From support to resistance, this mark seems to be forming into an unstable balance point. But is that good for the market? In contrast to what was happening during the same period last year when prices were […]

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