US STOCKS
FUNDS
FX & CRYPTO
SH/SZ-HK
HK STOCKS
 
 
 
 
 
 
 
News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
PBOC Ceases Buying Gold in May; Spot Gold Price Falls 1.4%
According to statistics from the State Administration of Foreign Exchange, China's gold reserves remained unchanged at 72.8 million ounces at the end of May, after rising for 1...
Reset
Send
The window will close in 5 seconds
PBOC Ceases Buying Gold in May; Spot Gold Price Falls 1.4%
   Back  
Share  
  
  
  
  
  
Print     
Font Size   T     T
Related Fund News >>
According to statistics from the State Administration of Foreign Exchange, China's gold reserves remained unchanged at 72.8 million ounces at the end of May, after rising for 18 consecutive months.

Spot gold is now falling 1.35% to US$2,343.98 an ounce after the figures were released, as Gold futures for August delivery descend 0.9% to US$2,369.2 an ounce.

Last month, spot gold topped a record high of US$2,450 an ounce amid strong buying demand from central banks. However, as the price of gold continues to rise, demand from China has cooled. PBOC bought 60,000 ounces of gold in April, down from 160,000 ounces in March and 390,000 ounces in February.

~



AAStocks Financial News
Web Site: www.aastocks.com
 
SITEMAP
AASTOCKS.com Fund Quote Fund News Commentary Tools

Fund Type:
【Alternative Investment】【Balanced Funds】【Equity Funds】【Fixed Income Funds】【Money Market Funds】【Australia Funds】【Brazil Funds】
【China A Share Funds】【Energy Funds】【Gold & Precious Metal Funds】【High Dividend Funds】【BRIC Funds】【ASEAN Funds】【China Funds】

Fund Information:
【Unit Trusts】【Mutual Funds】【Hedge funds】【Balanced Mutual Funds】【Fund】【Mutual Fund】【Fund Trading】【Fund House】【Fund company】【Buy Fund】
【Sell Fund】【Fund Investment】【Mutual Fund Center】【ETF】【Bond Funds】【What is mutual fund】【Financial Planning】【Funds Portfolio】【Fund Management】
【Fund Manager】【Emerging Markets Funds】【Index Funds】【Funds Performance】【Funds Return】【Funds data】【Funds Ranking】【Hong Kong Funds】
【Stocks Funds 】【Funds News】【Funds Quote】【Best Fund】