Below you'll find a list of all posts from August, 2014
Foreign banks and trading houses have signed up for China’s planned global gold exchange. New members and major players in the industry are intrigued to have access to China as the biggest gold consumer worldwide and to trade commodities in the yuan currency, according to Reuters. China seeks to challenge …
India has such an insatiable appetite for gold that smugglers are finding new ways to avoid the 10 percent import duty and sneak the precious metal into the country illegally. By avoiding the duty and meeting the high demand, gold smuggling now ranges from swallowing nuggets to hiding bars in …
