Thursday, 1 October 2015

Shanghai gold withdrawals at record on signs of more demand

Investors have withdrawn a record amount of gold from the Shanghai Gold Exchange this year, adding to signs that demand in China is recovering after a stock market rout and a shock devaluation of the yuan. Withdrawals jumped 37 per cent to 1,891.9 metric tons through Sept. 18 from 1,380.9 tons a year earlier, according to data on the bourse website....Read More

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