The crude exporting countries of the Gulf Cooperation Council (GCC) are expected to lose $275 billion in revenue this year due to falling oil prices, according to the International Monetary Fund (IMF) chief Christine Lagarde, RT reports. Speaking at a meeting in Qatar with the finance ministers and central bank governors of the GCC she … Continue reading
By Koos Jansen, BullionStar Things are heating up in the Chinese gold market. First let’s go through the latest Shanghai Gold Exchange data and then we’ll continue to discuss the most recent developments regarding Chinese official gold reserves. Friday the Shanghai Gold Exchange (SGE) released its trade report of week 11, 2015 (March 16 – 20). Withdrawals … Continue reading