07 Mar Chinese goldbugs swarm to stocks of miners and jewellers as bullion prices surge on rate cut view and haven demand
Posted at 07:26h
in Asia
Shares of Chinese gold producers and jewellers have soared, tracking the surge in bullion prices fuelled by hopes of interest-rate cuts by the US Federal Reserve and demand from Chinese consumers seeking to preserve their wealth amid sliding stock markets and property prices.Sichuan Rongda Gold...