
China's Golden Plans and Silver's Long- and Short-Term Trends …
Mr. Yi’s speech was accompanied by a downswing in the gold price – they moved lower by mere $3 within an hour of his speech but since then the market seems to have absorbed the news and moved on. On Wednesday speculation grew that … It was believed that the gold came from domestic sources and may have included refined scrap metal. Based on data from the World Gold Council, China is the world’s largest gold producer and the second-largest consumer of gold, after India. …
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Tags: china, council, gold-price, have-absorbed, have-included, market, market-seems, news, second, then-the-market, wednesday
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