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- China Says Aims to Boost Gold Resources by 5-10% by 2027
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24/06/2025 00:02 AST
China aims to increase its gold resources by 5 to 10% and its gold and silver output by more than 5% by 2027, the industry ministry said on Monday in an implementation plan for 2025 to 2027.
Gold is a strategic mineral resource and is "of great importance for maintaining national industrial security and financial security," the ministry said.
According to the plan, China will step up efforts in geological exploration and locating new gold resources, and tackle key technological and equipment issues associated with gold mining in the country, Reuters reported.
China will promote gold and silver recycling from a range of waste products including electrical and electronic components, the plan said.
The plan also called for deepening overseas investment cooperation, encouraging Chinese firms to sign long-term supply agreements with foreign mining companies to expand sources of primary mineral products including gold ore.
Asharq Al Awsat
| Ticker | Price | Volume |
|---|
| (In US Dollar) | Change | Change(%) | |
|---|---|---|---|
| Gold | 3,331 | -19.7 | -0.59 |
| Silver | 36.13 | 0.44 | 1.23 |
| Platinum | 1,170.5 | 39 | 3.45 |
| Palladium | 1,051.5 | 49 | 4.89 |
13/06/2025
The price of gold in the Qatari market rose by 0.93 percent during the current week, reaching USD 3,339.67 per ounce, according to data issued by Qatar National Bank (QNB).
The data showed t
QNA
13/06/2025
The Dubai gold rate has shot back to its highest level of Dh381.75 for a gram of 22K as Israel's strikes on Iran's nuclear facilities roiled global commodity markets. The local price is up yesterday'
Gulfnews
02/06/2025
As the Eid Al Adha focused gold and jewellery promotions start in the UAE, shoppers can take heart in one detail - the Dubai gold price remains in the Dh365-Dh369 a gram range for 22K. Currently, the
Gulfnews
30/05/2025
Gold prices rose in volatile trading on Thursday, aided by softer jobs data, while market participants also digested a court ruling that blocked most of U.S. President Donald Trump's tariffs.
Reuters
29/05/2025
Gold prices rose in Wednesday's trading as investors moved to buy following a dip in the previous session, amid market anticipation surrounding the upcoming US Federal Reserve's meeting on monetary p
QNA
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