Commodity Trade Mantra

Posts Tagged ‘China National Gold Group’

Chinese Appetite for Gold Assets Reaching Significant Levels

China’s $40 billion Silk Road Fund is looking at buying its first gold mine – it’s biggest acquisition anywhere in the mining space since its creation in 2014. It shows that Chinese appetite for precious metals assets in reaching significant levels. In fact, two other Chinese miners might actually make an opposing bid against the Silk Road, showing that interest in quality gold assets is running high in China.

Is This The Start Of China's Gold Miner Buying Spree?

China continues to import unprecedented amounts of gold. Following a massive, 50%+ selloff, there comes a time when even gold miner stocks become attractive to those with deep pockets filled with reserve fiat- Especially for someone like China.

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