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GALLOWAY TOWNSHIP — A sealed-bid auction in April may find new owners and uses for the defunct Lenox China plant on Tilton Road, part of a sprawling 56-acre property that ...
Spot gold was down 0.8% at $3,292.43 an ounce, as of 0431 GMT. Bullion hit a record high of $3,500.05 on April 22.
Including gold produced from imported materials, which totalled 53.587 tons, China’s total gold output reached 140.830 tons in the first quarter, up 1.18% from a year earlier.
China has deployed an innovative gold ATM in Shanghai that processes gold items by melting them, verifying their authenticity and mass, before transferring the corresponding value to users ...
As it is, China is the world's second-largest importer of non-monetary gold after Switzerland, and also the top producer of gold with an annual production of 375 tonnes, followed by Russia at 325 ...
In a high-tech twist to gold trading, a mall in Shanghai has introduced an ATM that allows users to sell their gold jewellery and receive payment within 30 minutes, no paperwork required.
The People’s Bank of China (PBoC) continues to buy unprecedented amounts of gold as the global financial is deleveraging. This article is an analysis of formal and informal sources that indicate ...
Scientists say they have discovered two potentially record-smashing 1,000-tonne gold deposits in central and northeastern China, and more discoveries could come with the use of advanced ...
Gold prices reached an all-time high on Tuesday, after U.S. President Donald Trump's tariffs on Canada, China and Mexico added to concerns about inflation that could dent economic growth.
The purchases were restarted in November, when Trump won U.S. presidential elections. China will likely increase its gold purchases as it prepares for trade wars with the U.S. during Trump presidency.
China has announced the discovery of a gold mine that may be the largest in the world, containing reserves estimated at about 300 tons of the precious metal worth over US$80 billion. According to ...
China's gold consumption in the first three quarters of 2024 slid 11.18% from the same period a year ago to 741.732 metric tons as high prices dented buying interest for jewellery products, the ...
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