Jordan Stolz takes silver in 1,500 meters
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Defending Olympic gold medalist Eileen Gu brushes off fall
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China's Xu Mengtao claimed the second Olympic gold of her career after landing a clean back full-full-full, one of the most difficult tricks in women's aerials.
Feb 7 (Reuters) - China's central bank extended its gold buying spree for a 15th month in January, data from the People's Bank of China (PBOC) showed on Saturday. The country's gold holdings rose to 74.
While broad market participation is welcomed by officials, any threat to social cohesion is sure to attract negative attention.
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China’s central bank bought gold for the 15th straight month, adding 40,000 troy ounces in January
China’s central bank has kept buying gold for 15 straight months, even as the entire precious metals market took a nosedive at the end of January. The People’s Bank of China added 40,000 troy ounces to its reserves in January.
China extended its steady accumulation of gold for a 15th consecutive month in January, underscoring Beijing's long-running effort to diversify its official reserves as global financial and geopolitical uncertainty intensifies.
Gold and silver futures rose, with gold clawing back over the $5,000/oz level, as dip-buyers returned to the market and the US dollar fell to its lowest in more than a week/.
BEIJING/SHANGHAI, Feb 5 (Reuters) - China's gold consumption dropped for a second consecutive year in 2025, but sales of bars and coins, fuelled by growing safehaven demand, overtook jewellery purchases for the first time,
Gold has rarely been this volatile, and the bullion's sharp price swings are increasingly being linked to China's speculative traders, some analysts believe.
China’s recent gold trading frenzy looks more like a speculative bubble than a typical flight to safe-haven assets, raising the risk of more market turbulence, Capital Economics said.
Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC).
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Snowboarder Su Yiming delivers China's 1st gold of Winter Olympics while Japan grabs more medals
Su Yiming sat in the snow at the bottom of the snowboarding course, tears rolling down his cheeks. So close to winning China its first gold at the Milan Cortina Games, he still had a long wait to endure.