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Surging China gold demand pushes up premiums

The Chinese demand for gold has surged this week, as bankers and retailers began to accumulate the yellow metal ahead of the anticipated rise in gold demand ahead of the Lunar New Year holidays. The unprecedented surge in demand has pushed up ...

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Filipino Nickel Miners Say They Are Ready for Monsoon Season

Miners in the Philippines say they will be able to fulfill their 2014 contracts as they have factored in the impact of the annual monsoon. Seasonal rains are set to disrupt nickel mining in the Philippines for the next 4 months or ...

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Gold price to rise, but rally to be short-lived: Standard Ban

The research note published by Standard Bank states that the Chinese physical gold demand continues to remain weak, despite sharp fall in gold prices. The gold premium at the Shanghai Gold Exchange (SGE) is seen hovering around $5 to $6 for quite ...

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India gold premium to double on demand surge during holiday

The gold premiums in India are likely to double from current levels, ahead of festive season demand starting early next week. The country’s gold imports too are expected to rise significantly during this period. The surge in gold demand is likely to ...

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India gold premiums to rise on festive demand

The festive season demand has lifted gold imports in India. The gold prices which have remained range-bound in recent weeks are likely to pick up with the advent of festive season in the country. The increased gold demand is expected to add ...

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