Gold futures jump on China central bank buying, more Middle East instability
Gold futures rallied Monday as China's central bank resumed purchases of bullion in November after a six-month hiatus, which may shore up Chinese investor demand. The People's Bank of China said it bought 160K fine troy ounces last month,
Chinese Central Bank Suddenly Admitting Its Gold Purchases Again
After a six-month pause, China's central bank officially resumed gold purchases in November, adding 5 tonnes to their official reserves.
China Resumed Gold Purchases Last Month After Prices Soared
November gold reserves rose to 72.96 million fine troy ounces from 72.8 million fine troy ounces a month ago, according to data from the People’s Bank of China.
Gold firms on China central bank resuming gold purchases after 6-month pause
Gold prices gained on Monday, with support from top consumer China's central bank resuming gold purchases after a six-month hiatus, while investors awaited U.S. inflation data this week for clues into the Federal Reserve's next move.
Gold Futures Rise as China Resumes Buying Bullion
Gold futures rise as China’s central bank restarts gold purchases for the first time in six months. Futures are up 1% at $2,713.40 a troy ounce. The bank snapped up around 5 metric tons of gold, a comparatively small amount compared with previous purchases of up to 30 tons a month.
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China’s Central Bank Pledges Supportive Policies For Economy
China’s central bank has pledged to adopt a supportive policy stance next year, marking the latest effort by ...
China central bank conducts 800 bln yuan of outright reverse repos in Nov
China's central bank said on Friday it conducted 800 billion yuan ($110.59 billion) of outright reverse repos in November.
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China pledges more borrowing and interest rate cuts to counter Trump’s tariff threats
China pledged Thursday to increase the budget ... the CEWC summary flagged a higher budget deficit and more debt issuance at a central and local government level. Leaders also vowed to reduce ...
Senior China Adviser Questions True State of Economy
China's reported GDP growth doesn't add up when considering consumption rates and other key metrics, the economist argues.
Why struggling China has hit the panic button
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