People’s Bank of China Increases Control of Country’s Gold Market
Forbes reported that China's Central Bank is placing a tighter hold on the gold market by implementing trading restrictions.
Articles Tagged "Peoples Bank of China"
Could The Price of Gold Reach Past $2,500 in 2012?
In 2010 some analysts thought John Embry's forecast of the 2012 gold price, which placed the yellow metal between $1,500 and $2,000 an ounce, was too optimistic. Now it seems that Embry may have undershot the mark.
World Gold Council Says Demand from China May Double Sooner than Expected
The World Gold Council (WGC) says China’s growing demand for the precious metal may double sooner than its original prediction of 2020 as both private and institutional investors move to increase their holdings as a hedge against international inflation concerns.
Will Gold Hit $2000 by 2012?
Sprott Asset Management's chief investment strategist, John Embry, told Mineweb’s Gold Weekly podcast listeners Wednesday that if gold’s “not between $1,500 and $2,000 in the next 18 months, I'm dead wrong."
