Posts by China Business News:

Option bulls hope to strike gold in Newmont

Newmont Mining attracted upside option activity yesterday for the the second time in a week as traders continue to make bets that the� recent slide in gold NEM� saw more than 5,000 March 65 calls� change hands in a strong buying pattern, going

When rupee lost its buying power and gold gained

Gold prices have corrected heavily over the past 10 days, falling from an all-time high of Rs28,210 reached on September 21 to Rs25,685 on September 29, before recovering a touch to close at Rs25,995 the following day. The markets, soaring on the back of

Thailand, Bolivia and Russia boost gold reserves

Central banks in emerging markets continued to build up their gold reserves in August, data from the International Monetary fund showed, with Thailand, Bolivia and Russia all adding to holdings last month. Thailand bought 9.3 tonnes of gold in August,

Gold dragged down by dollar spike, profit-taking

Gold slid on Friday, closing its worst week since June, as profit-taking by investors and a spike in the U.S. dollar outweighed the desire for a safer haven. Gold tumbled in early U.S. hours on apparent investor liquidation, but clawed back much of its