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Gold

UPDATE 1-China's May gold imports from Hong Kong drop to 16-month low
www.reuters.com

SINGAPORE, June 26 (Reuters) – China's gold imports from Hong Kong dropped in May to the lowest level since January last year as a weaker yuan curbed appetite for the precious metal in the world's largest consumer. Hong Kong has been the main …

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China's Suspect Gold Deals Are Not 'Chump Change'
blogs.wsj.com

China's National Audit Office said in a report released this week that a check among 25 gold processors there found a large volume of improper gold-backed loans designed to profit from interest-rate and foreign-exchange spreads. It said such loans …

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'Dude' seeks another Gold Cup
espn.go.com

The Gold Cup was first run in 1938 and has been won by such legendary horses as: Seabiscuit (1938), Noor (1950), Citation (1951), Swaps (1956), Round Table (1957), Gallant Man (1958), Native Diver (1965, '66, '67), Ack Ack (1971), Exceller (1978), …

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A New Way to Buy Gold
www.huffingtonpost.com

Despite some truly frightening conflicts in the Middle East and Ukraine, despite signs of inflation in the United States, and despite promises to "print" from both the Japanese and European central banks, the price of gold has barely managed to climb …

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Adventure Gold Discovers Zone Grading 12.4 Grams Per Ton of Gold over 7.0 …
goldinvestingnews.com

Adventure Gold Inc. (TSXV:AGE) is pleased to announce initial positive drilling results on its wholly owned advanced-stage Val-d'Or East gold project, the the new results coming from the first three drill holes for 552 metres from the 3,000-metre drill …

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Israel's Shimon Peres receives US Congressional Gold Medal
www.rawstory.com

Outgoing Israeli President Shimon Peres on Thursday received the Congressional Gold Medal in the US Capitol rotunda, as he bids farewell to Washington after decades of working with American leaders. The 90-year-old Peres, who will leave office next …

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KFC Chicken Wings Inspire Gold-Plated Bone Necklace
www.nbcdfw.com

Kentucky Fried Chicken fans can soon sport their own gold-plated bone necklace made from a real KFC chicken bone. The Kentucky for Kentucky Company has teamed up with jewelry designer Meghan Carroll to create a 14-carat gold-plated necklace made …

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Gold's Flow East Seen for 20 Years as Incomes Increase Demand
www.bloomberg.com

The global flow of gold from west to east that helped to make China the world's largest user will probably last for up to two decades as rising incomes spur demand, according to the China Gold Association. China's consumption, which increased to a …

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China hit by Another Commodity Scandal as $15bn of Gold Transactions are …
www.ibtimes.co.uk

China's commodities trading sector has been dealt a fresh hammer blow after its National Audit Office's (NAO) uncovered tens of billions of renminbi (RMB) in loans were obtained on the back of false gold transactions. The NAO said that RMB94.4bn ($15 …

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