Gold Demand in China Is Rising Due To Investment Trading Opportunities

The gold industry is constantly undergoing changes these days. China has been importing more gold than ever before, thanks to new banking deals to lease bullion. In doing so, the government will attempt to mask the decrease of household gold demand from the official trade data. All of this is good news for gold bugs, though, as this may have an impact on the gold price per ounce. Gold Is Used For A Different Purpose in China There are multiple reasons as to why China is importing more gold all of a sudden. The new gold-leasing deals offered by the … Continue reading Gold Demand in China Is Rising Due To Investment Trading Opportunities

Investors Turn To Gold As Japanese Yen Continues Bullrun

People who have been paying close attention to the financial markets as of late may have noticed the situation affecting the Japanese Yen. This particular currency has been on a tear as of late, prompting intervention by the central bank of Japan. This is not good news for the local economy, though, as it causes deflation. Interestingly enough, Japanese consumers and investors are turning towards gold all of a sudden. Japanese Investors Flock To Gold The soaring value of the Japanese Yen is causing some unrest among citizens as well. In the past, residents and investors would flock to cash … Continue reading Investors Turn To Gold As Japanese Yen Continues Bullrun