www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Year of the Rooster also Year of Gold, says bullion expert

By Duan Ting in Hong Kong | China Daily | Updated: 2017-02-11 10:30

Year of the Rooster also Year of Gold, says bullion expert

A member of staffs display gold products at a gold store in Qionghai, Hainan province, on May 7, 2013. [Photo by Meng Zhongde/Asianewsphoto]

This year, the Year of the Rooster in the Chinese lunar calendar, will also be the year of gold, said Haywood Cheung, president of the Chinese Gold & Silver Exchange Society-an umbrella organization of gold trading firms in Hong Kong which are participants of the Chinese Gold and Silver Exchange.

In an interview with the China Daily, Cheung said he drew his confidence from the turbulent global economic environment, which he said would create a bull market for bullion.

Cheung forecast that the international gold price could potentially climb to $1,600 per ounce in the year. Investors are advised to allocate 20 to 30 percent of their assets to the gold market to hedge risks including the depreciation of major currencies, the uncertainty over US President Donald Trump's China policy and the sluggish economic situation in Europe.

On the first trading day after the Lunar New Year, Hong Kong's gold market rose 0.9 percent to close at HK$11,192 ($1,443)-with RMB Kilobar Gold traded at 266 yuan ($39) per gram and 99 Gold trading at HK$11,188 per tael.

Cheung said his organization, which has a history of more than 100 years in Hong Kong, will in 2017 continue to develop bonded warehouses for gold in the Qianhai pilot free trade zone in Shenzhen.

He said it would also upgrade the trading connect with Shanghai for gold and participate in the building of a commodities trading connect with the mainland.

Cheung said that the Qianhai project, a joint venture with Industrial and Commercial Bank of China, is building a temporary warehouse that could store two metric tons of gold, which is expected to be opened in the second quarter of this year. But in the coming two to three years, his group would build its own warehouse, big enough to hold up to 1,500 tons of gold.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 久久国产精品岛国搬运工 | 99免费精品视频 | 欧美成人小视频 | 成人午夜影院在线观看 | 91精品乱码一区二区三区 | 成人综合在线视频 | 亚洲天堂视频在线 | 日韩一区在线播放 | 亚欧色 | 99视频在线免费 | 亚色成人 | 久久久综合网 | 亚洲国产天堂在线网址 | 男女男精品视频网站在线观看 | 国产在线一区二区三区四区 | 国产女王丨vk | 国产在线手机视频 | 在线永久免费观看黄网站 | 欧美一级在线毛片免费观看 | 韩国特级毛片 | 成人亚洲国产综合精品91 | 美女黄页网站 | 久久一级视频 | 国产国产成人人免费影院 | 国产精品久久久久国产精品三级 | 天海翼精品久久中文字幕 | 亚洲综合国产精品 | 男人和女人搞黄 | 日本乱理伦中文三区 | 国产成人精品区在线观看 | 尹人香蕉久久99天天拍 | 亚洲精品国产成人99久久 | 高跟丝袜美女一级毛片 | 日本国产欧美色综合 | 一级黄片一级毛片 | 中文字幕无线码中文字幕网站 | 99在线精品视频 | 4tube高清性欧美 | 欧美韩国日本 | 精品国产一级毛片 | 中文字幕在线观看亚洲日韩 |