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August 7, 2012

Gold purchase by China from Hong Kong dips 10% in July

According to Hong Kong Census and Statistics Department, gold shipments from the island to the mainland fell 10 per cent in June from the previous month […]
August 7, 2012

Malaysia to create mercantile exchange to trade precious metals

Malaysia is one of the leading gold consumer in Southeast Asia but lacks official and legal platforms to trade precious metals, leading to various gold scams […]
August 7, 2012

Turkish banks collect tons of Gold via ‘Golden account’

The ‘golden account’ scheme offering customers a chance to open a time deposit gold account in banks as functioning assets to the national economy. ANKARA(BullionStreet): Five […]
August 7, 2012

Kazakhstan Gold reserves hit $5.4 billion in July

Early last month, Kazakhstan announced plans to raise the amount of gold it holds as part of its international reserves to 20 percent from 15 percent. […]