We know that the Chinese are the biggest producers and consumers of gold, but do we really know how much gold China really has? The short answer is no. According to the Chinese Central banks, they have 1,842.6 tons of gold in reserve. That’s what is the official number is said to be. The People’s […]
A lot of countries have been taking their gold back from foreign banks in countries like Britain and France. Hungary is the latest country in the list of countries repatriating their gold. Germany bright $31 billion worth of gold from the US, England and France. This is almost half its gold reserves. In 2015, Australia […]
03.26.2018
A few concerns that have become prominent in association with the gold market over the last 24 months will without doubt continue to play its hand right through 2016 with the first being the strong U.S. dollar which has placed an enormous amount of pressure on the prices of the precious metal. This is because, most of […]
06.30.2016
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