Friday, October 9, 2015   

Mainland sees lower gold demand
(05-20 17:07)

Gold demand in China fell 18 percent during the first three months of the year from a record high a year ago. But the decline had little impact on overall global consumption of the metal, which largely remained stable.
The World Gold Council said Chinese consumers bought over 263 tonnes of gold in the first quarter. Demand for gold coins and bar sank 55 percent to 60 tonnes, while jewelry consumption rose 10 percent to over 203 tonnes -- driven by gift-giving over the Chinese New Year and Valentine's Day. --RTHK   
Other Business breaking news:
Sri Lanka national carrier rewarded for hospitality (52 mins ago)
Positive start for Europe equities (59 mins ago)
Nikkei closes higher (2 hrs 27 mins ago)
Volkswagen trust takes a beating on cheating in US hearings (10-09 13:48)
Ex-banker pleads guilty in US$1.2b Rothstein Ponzi scam in US (10-09 13:41)
Global worries kept Fed from raising rates, minutes show (10-09 13:33)
Asia computer shipments stable, survey finds (10-09 12:43)
Nikkei climbs (10-09 12:39)
HK, China stocks rally (10-09 12:37)
China launches global yuan payments ‘superhighway’ (10-08 22:16)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.