Copper $ 5.3885 / lb 0.50%
Brent Crude Oil $ 59.53 / bbl 1.00%
Palladium $ 1685 / ozt 1.26%
Crude Oil $ 55.75 / bbl 1.22%
Natural Gas $ 3.957 / Btu 0.53%
Silver Futures $ 65.56 / ozt 2.77%
Aluminum Futures $ 2881.5 / ton 0.05%
Micro Gold Futures $ 4350.6 / ozt 0.41%
Micro Silver Futures $ 65.58 / ozt 2.81%
Platinum $ 1917.6 / ozt 2.32%
Gold Futures $ 4350.8 / ozt 0.40%
Go to MDC Markets

Shanghai ETFs flop, premiums plummet: China simply cannot absorb wave of gold selling

Frik Els | July 21, 2013 | 8:56 pm Precious Metals Asia China Europe Gold 

The emergence of the gold ETF industry has been a big factor in gold's uninterrupted 12-year bull run, because ETFs make it so easy to invest in the yellow metal. When the first gold-backed ETF was introduced in Australia in...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now