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Ryzen 5绝配!AMD A320入门主板行货开卖:59

2019-05-25 21:04 来源:放心医苑

  Ryzen 5绝配!AMD A320入门主板行货开卖:59

  韦德体育app作为自动驾驶领域的迟到者,苹果能否追上Waymo等对手一直备受外界关注。误射雄风-3十分危险,这样的行动有可能成为两岸战事的导火索。

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2018年1月,宝马集团先后收购了北美地区最大的停车应用软件服务商Parkmobile,以及宝马集团和SIXT公司在汽车分享业务DriveNow的股份。

  手势控制也是该系统重要的一部分。

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  韦德体育app 韦德体育app 韦德体育app

  Ryzen 5绝配!AMD A320入门主板行货开卖:59

 
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Economy

Chinese demand for gold bars and coins soars in first quarter

1
2019-05-25 09:38China Daily Editor: Feng Shuang ECNS App Download
A worker displays a gold bar at a department store in Beijing. JIANG DONG / FOR CHINA DAILY 韦德体育app 我相信在中国的英式学校会继续促进中英两国教育界之间的互动,有效整合双方优质的教育资源,在中国和英国都培养出更多优秀的具有国际化视野的世界公民。

A worker displays a gold bar at a department store in Beijing. JIANG DONG / FOR CHINA DAILY

China's demand for gold bars and coins soared 30 percent year-on-year to 105.9 metric tons in the first quarter of this year, the fourth strongest quarter on record, according to a report released by the World Gold Council on Thursday.

Overall demand for gold in the Chinese market grew 8 percent year-on-year to 282.4 tons, making China the world's top gold consumer, according to WGC data.

Global demand for gold in the quarter was 1,034.5 tons, an 18 percent year-on-year decrease from the record high level recorded for the first quarter of 2016.

Analysts said demand for bullion was often adjusted in alignment with the overall economic picture.

In the Chinese market, investors wishing to preserve value and hedge their risks amid market uncertainty and currency volatility have driven demand for gold, according to the WGC report.

"Investors, particularly individual investors, who wish to diversify their portfolio because of concern about the outlook for real estate and stock market, are having more interest in gold," said Roland Wang, WGC China managing director.

For a similar reason, gold ETFs in China are also getting increasingly popular among institutional investors who are re-recognizing gold as a tool for risk hedging when they are no longer focusing only on yield and allocating more resources on risk management, said Wang.

Strong demand for gold and limited growth of supply, he said, had caused an imbalance, which had led to a high premium in China over the global spot price.

That premium in the Chinese market averaged around $4 per ounce over the global spot price in recent years, but shot up to an average of $17 per ounce at the end of 2016. The WGC research found that it persisted in the first quarter this year at average of $14.2 per ounce amid limited imports and a gap between supply and demand.

China Gold Association data showed that China's output of gold in the quarter was 101.2 tons, a 9.29 percent year-on-year decline, while consumption excluding exports and investments grew 14.73 percent year-on-year to 304.1 tons.

Commercial banks, for example, have launched interest-bearing, online-tradable gold products with a minimum entry point of 1 gram, which also enables investors to withdraw physical gold through their bank networks.

"Fintech companies are also tapping into gold-backed products that reach young investors, which effectively popularizes gold-an investment conventionally believed to be a favored investment tool for senior-age investors," said a research note from Sinolink Securities Co.

The Shanghai Gold Exchange continued to gain market share, as high-net-worth individuals increasingly buy one-kilogram gold bars using the exchange's services at low margins.

The WGC said it expects China's demand for gold in 2017 to be between 900 tons and 1,000 tons. The world's second-biggest gold consumer India is expected to demand gold of 650 tons to 750 tons in 2017.

 

  

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