Home / Business / Business Highlights Tools: Save | Print | E-mail | Most Read | Comment
Chinese gold price exceeds 200 yuan/g
Adjust font size:

On November 7, gold prices hit a peak at 200.80 yuan/g and closed at 200.00 yuan/g in the Shanghai Gold Exchange (SGE). Prices have increased by 20 percent from 167 yuan/g as of two months ago.

Meanwhile investors are showing great passion for investing in gold. Reportedly, Beijing's Wangfujing Department Store saw the price of gold bars soar to 210 yuan/g, the highest in its history. Currently all of the store's gold bars have sold out.

In the A-share market, the gold company shares are very hot. The share price of Shandong Gold Mining Co., Ltd increased 7.61 percent and that of Zhongjin Gold Corporation Limited jumped 8.27 percent on November 7.  

For more details, please read the full story in Chinese. (http://www.bbtnews.com.cn/news/channel/political31609.shtml)

(China.org.cn November 8, 2007)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Gold Output Grows 15.44%
- Shenzhen bank offers gold trading
Most Viewed >>

Nov. 1-2 Tianjin World Shipping (China) Summit
Nov. 7-9 Guangzhou Recycling Metals International Forum
Nov. 27-28 Beijing China-EU Summit
Dec. 12-13 Beijing China-US Strategic Economic Dialogue

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?