Strong
China demand increases trading in silver and gold
According
to the China Gold Association on 12 August, Chinese consumers bought 706.36
metric tons of gold in H1 for a 54% year-on-year rise.
December
delivery on the most actively-traded contract on the New York Mercantile
Exchange’s Comex division increased by USD22, or 1.7%, to settle at USD1,
334.20 per troy ounce, which is a 21-day high due to strong demand from China.
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| David Nealis President of Ceres Ltd www.ceres888.com |
China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?
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Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.
