SMM offices will be closed from Thursday February 15 to Wednesday February 21 for the Chinese New Year holiday. There will be no news publications during this period.
China’s official manufacturing PMI for January stood at 51.3 points, marking the 18th consecutive month it has been above the 50-point level that separates expansion from contraction.
The average price of gold in 2018 will keep at $1,325 per ounce and reach $1,350 in the second half of the year, said Eugen Weinberg, analyst of Commerzbank in his email report.
Dec 11 2017
price review forecast
Li Guohong, general manager of Shandong Gold Group says the company plans to produce over 55 tonnes gold every year in 2020.
Nov 21 2017
Palladium futures ended at more than $1000 an ounce for the first time since 2001 due to its increasing global demand and short supply.
Nov 09 2017
Ferrous metals mostly opened lower on October 30 and moved at lows for the whole day, closing with losses across the board.
Oct 30 2017
Palladium prices have gained about 42% so far this year on the back of strong demand from booming car sales in the US.
Oct 27 2017
Profits at above-scale Chinese industrial enterprises rose 27.7% year-on-year in September, up from 24% in August.
Chinese yuan’s central parity rate fell sharply today.
Oct 18 2017
Gold output of this country reaches 157.19 tonnes from January to July this year, higher than 145.95 tonnes last year.
Oct 13 2017
China produced 2.32 million units of passenger cars in January, up 12.7% from the same month last year, according to data from China Passenger Car Association.
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