Copper $ 5.6358 / lb 2.72%
Brent Crude Oil $ 104.4 / bbl -4.21%
Palladium $ 1496.5 / ozt 5.39%
Crude Oil $ 101.85 / bbl -3.06%
Natural Gas $ 2.89 / Btu 0.10%
Silver Futures $ 75.495 / ozt 7.47%
Aluminum Futures $ 3314.25 / ton -1.21%
Micro Gold Futures $ 4713.1 / ozt 3.80%
Micro Silver Futures $ 75.48 / ozt 7.54%
Platinum $ 1973.85 / ozt 4.22%
Gold Futures $ 4713.3 / ozt 3.84%
Go to MDC Markets

Is People’s Bank of China really buying one out of every eight ounces of gold?

Michael Allan McCrae | February 23, 2012 | 7:57 pm Precious Metals Europe Gold 

Adrian Ash at BullionVault picks up the story in the FT that looks at massive gold buying in China over the last quarter of 2011, and the possibility that the People's Bank of China may be behind the buying. Financial Times,...

Mining.com Recommends