Connect with us

Hi, what are you looking for?

Jewish Business News

Business

China’s Been Hoarding Gold And It Isn’t Likely to Stop

Chine gold mystery ends

China gols mystery endsWith China finally coming clean that it’s been the second-biggest buyer of gold over the past six years, analysts and traders say the purchases will continue.
In the first update since 2009, the People’s Bank of China said on Friday that it owns about 1, 658 metric tons, implying purchases of 100 tons a year. The stockpile may eventually reach more than 5, 000 tons, according to Robin Bhar, an analyst at Societe Generale SA in London.

 

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.