The Shanghai Gold Exchange
will lower margin requirements for some gold contracts to 8%
from 10% from March 1, the bourse said on Thursday. It will also adjust the price limit ratio of. -February 28, 2024 at 09:51 pm EST
- MarketScreener
Lower US GDP growth on revised data left gold prices trading unchanged alongside world stock markets on Wednesday, as volatility fell near 6-month lows but market forecasts for Fed interest rates rose to match the central bank s latest dot plot
The gold price rose further above $2000 on Monday, extending last week s short covering rebound in Comex futures and options trading while silver slipped as China s markets reopened after Lunar New Year
China s young generation powering gold rush - People s Daily Online en.people.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.people.cn Daily Mail and Mail on Sunday newspapers.
JINAN/GUIYANG (ANN/THE CHINA DAILY) – Once losing popularity to diamonds and other gems, gold is now experiencing a resurgence in China, driven by the younger generation. In 2023, China’s gold consumption surged to nearly 1,090 tonnes, marking an 8.78 per cent increase year-on-year. Of this, gold jewellery consumption reached 706.48 tonnes, up 7.97 per cent, […]