china

Central Banks Fuel Record-Breaking Gold Demand: World Gold Council

Central banks worldwide continued their strong appetite for gold, setting a new first-quarter record for net purchases, according to the latest report by the World Gold Council. Global official gold reserves grew by a net 228 tonnes in Q1 2024, surpassing the previous Q1 record set in 2013 and marking
Central Banks Fuel Record-Breaking Gold Demand: World Gold Council

China Real Estate: Multi-Year Adjustments Needed, RBC Predicts

China's housing market is grappling with significant issues that could hinder the country's economic growth for years to come, according to a memo by Royal Bank of Canada (RBC). Affordability of Chinese Real Estate A key concern highlighted by the asset management firm is affordability. Housing
China Real Estate: Multi-Year Adjustments Needed, RBC Predicts