Sat, Oct 25, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Chinese holiday demand supports gold rally

Posted on 16 January 2014

Chinese buyers have been quietly supporting bullion prices through their most recent rally, snapping up gold ahead of the Lunar New Year holiday, when the precious metal is given by family and friends as gifts.
The world’s biggest gold buyers are showing a willingness to pay more than investors elsewhere to get their hands on the commodity, which is coming off its worst year in decades, with prices having slumped nearly a third, snapping a decadelong bull run………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 37629 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031