Articles related to China Gold
 
Mike Maloney - Goldsilver
  First Hand Account - How Gold Jewelry Can Save Your Life 
In 1981, a 10-year-old Vietnamese girl, her parents and nine brothers and sisters began preparing for a perilous journey, a journey they knew they might not survive. Since the fall of Saigon and the end of the Vietnam War in April 1975, life had been hard for the little girl’s family. The Communist government of North Vietnam inherited a country deeply divided, devastated by war, and on the verge of economic collapse. In an attempt to unify the country, the government instituted a centrally p
Wednesday, November 25, 2020
Perth Mint Blog - Perth Mint Blog.
Infographic: World's Highest Gold Producing Countries 
An infographic showing Australia was the worldâ??s second largest gold producing country in 2012 at 250 metric tons, some way behind China at 370 metric tons. [From graphs.net via Mining.com]. Chinese output continues to rise: some 270.167 tonnes were produced there between January to August 2013, an increase of 8.2% according to reports citing China Gold Association. First quarter production in Australia fell 5% from the previous year, but experienced a revival in the th
Sunday, November 8, 2020
Chris Powell - GATA
Ronan Manly: Skepticism reigns about true state of China's gold reserves
Bullion Star gold researcher Ronan Manly today reviews China's practice of acquiring gold reserves surreptitiously and reporting them to the International Monetary Fund only at long intervals. In July 2015, Manly notes, China pledged to start regular reporting of gold reserve changes, and did make monthly updates for 14 months, but these stopped in October 2016 and no changes have been reported since. This, Manly suggests, tends to confirm your secretary/treasurer's frequent observation that
Friday, October 12, 2018
Adrian Ash - Bullion Vault
China's 2018 Gold Buying: Half-Empty, Half-Full
Analysts split on China's demand as gold jewelry tastes change... LEADING ANALYSTS are split over the prospects for China's private gold buying in 2018, as a "healthy outlook" from one consultancy contrasts with a "tough year in store" from another. "China's gold demand is likely to have peaked in 2013," says Thomson Reuters GFMS, "and is very unlikely to return to those
Friday, March 9, 2018
Chris Powell - GATA
Russia overtakes China in gold reserves race to end U.S. dollar dominance
The Central Bank of Russia boosted its holdings of gold by almost 20 metric tons last month, with reserves reaching 1,857 tons. It has increased its holdings every month since March 2015. Russia is now among the top five gold holders after surpassing China, which reportedly holds 1,843 tons. Over the last 15 years Moscow and Beijing have been aggressively accumulating gold reserves to cut their dependence on the U.S. dollar. "Interestingly, both Russia and China publicize and promote their accum
Monday, February 26, 2018
BullionStar - Bullion Star
The Celebration of Chinese New Year
Chinese New Year is probably the most important date in the Chinese calendar, with the event being celebrated throughout China and in Chinese communities around the world. Gold plays an essential part of the Chinese New Year celebrations. Also known as Lunar New Year, the date on which Chinese New Year falls each year is variable since it follows the Lunisolar calendar, hence the New Year festival is a movable event. However, Chinese New Year usually falls somewhere between 21 January and 21 Feb
Sunday, February 11, 2018
Mark O'Byrne - gold.ie
Peak Gold: Global Gold Supply Flat In 2017 As China Output Falls By 9
Peak Gold: 2017 Supply Flat As China Output Falls By 9% – China gold production falls by 9% to 420.5t in 2017– Chinese gold demand rose 4% to 953.3t in same period– China is largest producer and accounts for 15% of global gold production– China does not export gold. Increasing foreign gold acquisitions to meet demand– Global gold production flat – 3,269t in ’17 from 3,263t in ’16, smallest increase since ’08–  is here: supply set to fall gradually while global demand remains robust Editor: Mark
Thursday, February 8, 2018
Rory Hall - The Daily coin
Russia Should Overtake China’s Gold Holdings in January 2018
As we have reported on a number of occasions Russia has been moving ever closer to 6th position in global gold holdings and she is now within a handful of tons of physical gold to achieve the next step. Russia added a recorded number of tons of gold to her gold holding in 2017 with 223 tons added to the central bank’s gold reserves. Please keep in mind that Russia has agreed to sell China between 80 and 100 tons of gold on an annual basis, so that would be in addition to what Russia added to her
Tuesday, January 23, 2018
Ronan Manly - Bullion Star
US Gold Reserves, Of Immense Interest to Russia and China
Recently, Russian television network RT extensively quoted me in a series of articles about the US Government’s gold reserves. The RT articles, published on the RT.com website, were based on a series of questions RT put to me about various aspects of the official US gold reserves. These gold reserves are held by the US Treasury, mostly in the custody of the US Mint. The US Mint is a branch of the US Treasury. The first of these articles, published by RT on 30 December 2017, is titled “US gold of
Friday, January 19, 2018
Chris Powell - GATA
Russia-China gold reserves could shake U.S. economic dominance, expert tells RT
The gold accumulated by China and Russia could be seen as part of a strategy to move away from international trade denominated in U.S. dollars, according to Singapore's Bullion Star precious metals expert Ronan Manly. Manly exclusively told RT that there is a shift occurring regarding the two countries building up their gold reserves, to perhaps returning to gold-backed currencies in the future and a move away from the global dominance of the U.S. dollar, which is no longer supported by gold. "C
Monday, January 8, 2018
Rory Hall - The Daily coin
Russia and China Lay Economic Foundation Based on Golden Rule
One of the many themes we support at The Daily Coin is the constant progress happening across the emerging markets, especially the nations involved the Eastern economic alliances like BRICS, BRI, SCO, EAEU and the like. These nations under the direction of China or Russia or a combination are laying the groundwork to be the driving force of the 21st Century and beyond. Click here to sign up for The Daily Coin FREE newsletter covering precious metals, war, health and prepper suggestions! We also
Sunday, December 24, 2017
Ronan Manly - Bullion Star
Russia, China and BRICS: A New Gold Trading Network
One of the most notable events in Russia’s precious metals market calendar is the annual “Russian Bullion Market” conference. Formerly known as the Russian Bullion Awards, this conference, now in its 10th year, took place this year on Friday 24 November in Moscow. Among the speakers lined up, the most notable inclusion was probably Sergey Shvetsov, First Deputy Chairman of Russia’s central bank, the Bank of Russia. In his speech, Shvetsov provided an update on an important development involving
Monday, December 4, 2017
Jan Skoyles - GoldCore
Own Gold Bullion To “Support National Security” – Russian Central Bank
– We own gold bullion to “support national security” – Russian Central Bank – Russia warns Washington: Confiscating fx reserves would be “declaration of financial war” – Russia has quadrupled its gold bullion reserves in decade – BRICs discussing ‘the possibility of establishing a single (system of) gold trade’ – Russia, China & maybe Saudi Arabia form alliances to unseat petrodollar – Putin warns state-owned and private companies: be ready for rapid transition to war-time operations – Russia, C
Wednesday, November 29, 2017
Chris Powell - GATA
Koos Jansen: Who is supplying China's gold Apparently everybody
Gold researcher Koos Jansen today reviews gold imports into China and concludes: "Until new evidence shows up my best guess is that China net imported 777 tonnes in the first nine months of 2017, sourced from all corners of the world: the United Kingdom, South Africa, Australia, Switzerland, the United States, Middle East, and the Philippines. It seems Chinese banks are active all over the world looking to buy gold on the dips, snapping up physical metal when the time is right." Jansen's analysi
Friday, November 17, 2017
Jan Nieuwenhuijs - Bullion Star
China Gold Import Jan-Sep 777t. Who’s Supplying
While the gold price is slowly crawling upward in the shadow of the current cryptocurrency boom, China continues to import huge tonnages of the yellow metal. As usual, Chinese investors bought on the price dips in the past quarters, steadfastly accumulating for a rainy day. The Chinese appear to be price sensitive regarding gold, as was mentioned in the most recent World Gold Council Demand Trends report, and can also be observed by Shanghai Gold Exchange (SGE) premiums – going up when the gold
Thursday, November 16, 2017
Bullion Vault
12-Month Demand to Buy Gold Sub-4,000 Tonnes 1st Time Since 2010, Mine Supply 10 Larger
BUY GOLD prices traded at 3-week highs and more against all major currencies outside the Japanese Yen on Thursday, rising despite new data showing the weakest 12-monthly gold demand since early 2010. Global gold buying demand fell below 4,000 tonnes between October 2016 and September this year, with global gold mining output larger by almost one-tenth. Western stock markets fell again, as did We
Thursday, November 9, 2017
Jan Skoyles - GoldCore
World’s Largest Gold Producer China Sees Production Fall 10
– Gold mining production in China fell by 9.8% in H1 2017  – Decreasing mine supply in world’s largest gold producer and across the globe – GFMS World Gold Survey predicts mine production to contract year-on-year – Peak gold production being seen in Australia, world’s no 2 producer – Peak gold production globally while global gold demand remains robust Editor Mark O’Byrne Gold production in the world’s largest gold producer and buyer fell by nearly 10% in the first half of 2017 in what may be a
Tuesday, November 7, 2017
Rory Hall - Sprott Money
Gold Demand Explodes Higher as China Announces Decline in Gold Production - Rory Hall
It’s funny that you can’t hardly give away gold or silver in the U.S. or Europe – you know, the nations that are completely broke and need to preserve their wealth, while at the exact same time the people that are moving up the wealth ladder, China, Russia and India, are all acquiring gold and silver by the handful. What does that tell you about wealth preservation? We, in the West, get articles from the mainstream media telling us to stay away from gold or “invest” in gold through paper v
Friday, November 3, 2017
Graham Summer - Gains Pains & Capital
BREAKING: China - World's Largest Gold Producer Mine Supply Plummets 10
The world's top gold producer saw its mine supply plummet by 10% in the first half of 2017.  According to the GFMS World Gold Survey newest update, China's gold production in 1H 2017 fell the most in over a decade.  The fall in Chinese gold production is quite significant as the country will have to increase its imports to make up the shortfall in its mine supply The data in the GFMS 2017 Q3 Gold Survey Update & Outlook reported that Chinese gold mine supply declined 23 m
Friday, November 3, 2017
Chris Powell - GATA
Gold market is moving from West to East, Shanghai exchange chief says
From Xinhua News Agency, Beijing Tuesday, October 31, 2017 SHANGHAI -- The Shanghai Gold exchange celebrated its 15th anniversary on Monday. The exchange started business on Oct. 30, 2002, and the last 15 years have been a journey of the opening up of China's gold market, the exchange said in a statement. In 2007 China became the world's largest gold producer, replacing South Africa, it said. According to the China Gold Association, China produced 453 tonnes of gold and bought 975 tonnes in 2016
Tuesday, October 31, 2017
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