China Gold

• Hong Kong to Bring Back Gold Futures Trading on Oct. 20

  By Interfax-china  |  July 3, 2008

  The gold futures market will be an open, competitive and regulated trading platform with product value based on the London gold standard.

• First Batch of SHFE Gold Contracts to See Delivery This Month

  By Interfax-china  |  June 2, 2008

  Delivery on the first batch of gold contracts trading on the Shanghai Futures Exchange will be completed this month, with the price expected to reach around $28.82 per gram.

• China's Gold Production Rises 8% in First Four Months

  By Interfax-china  |  May 29, 2008

  China produced 84.04 tonnes of gold in the first four months of this year while gold output for April alone stood at 23.40 tonnes.

• Gold Prices Could Slump Below $810/oz by July's End

  By Interfax-china  |  May 9, 2008

  There may be some strengthening of the dollar, although this will have little to do with a recovery in the U.S. economy, which is simply unlikely to occur this side of 2009.

• China's Gold Production Jumps 8% Year-on-Year in Q1

  By Interfax-china  |  April 29, 2008

  China produced 60.64 tonnes of gold in the first three months of this year, while March output alone came in at 22.37 tonnes.

• China's Domestic Gold Prices May Weaken Further on Renminbi Appreciation, U.S. Economic Recovery

  By Interfax-china  |  April 10, 2008

  But the chances of a recovery in the U.S. before the end of this year are, at best, very remote. And inflation is gold friendly.

• Chinese Regulator Authorizes Commercial Banks to Trade Gold Futures

  By Li Chunlan  |  March 25, 2008

  However, the China Banking Regulatory Commission has prohibited commercial banks from acting as agents for gold futures in an attempt to minimize insider trading by the banks.

• China to Assume Mantle as Top Gold Producer This Year

  By Ginger Ding  |  March 17, 2008

  China is expected to increase its annual gold output by over 10% to 300 tonnes this year.

• International Gold Breaches $1,000/oz, Shanghai Eyes $32/g

  By Interfax-china  |  March 14, 2008

  It is too late to avoid a recession in the U.S., as most observers believe that they are already in one. The question now is how protracted said recession will be.

• Gold Sales Volume in Greater China Rises 23% in 2007

  By Interfax-china  |  February 22, 2008

  It remains to be seen if demand growth can continue at these levels, given record bullion prices, but domestic production growth will not match demand growth.