Goldman Sachs predicts gold could reach $3,000 per ounce by the second quarter of 2026 amid strong central bank demand.
The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a ...
China’s got a plan, and it involves a mountain of gold and a weaker yuan. The People’s Bank of China (PBOC) has been on a ...
As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US ...
(Bloomberg) -- China has ramped up its support for the yuan with tweaks to its capital controls and a vow to crack down on market disruption, after the currency dropped close to a record low ...
The economy suggests a weaker yuan. But the prospect of capital flight makes Beijing wary of allowing any sudden depreciation ...
China could use the city to store more of its gold, which amounted to 5.7 per cent of its reserves ... at the city’s airport ...
Treasuries gained, while China stocks saw a small decline when markets opened in Asia. Read more at straitstimes.com.
On Monday, the People's Bank of China (PBOC) announced that borrowing limits would be raised to allow companies to borrow more from abroad, a move considered supportive for the yuan. Meanwhile ...
SHANGHAI/HONG KONG, Jan 13 (Reuters) - China announced more tools to support its weak currency on Monday, unveiling plans to park more dollars in Hong Kong to bolster the yuan and to improve ...
China's imports and exports grew by 5 percent year-on-year in 2024 to reach 43.85 trillion yuan ($5.98 trillion), with the total foreign trade volume setting a new record high, according to data ...
On Monday, the People’s Bank of China (PBOC) announced that borrowing limits would be raised to allow companies to borrow more from abroad, a move considered supportive for the yuan. Meanwhile ...