Chinese Falsified Gold Loans News Bearish For Gold, Commodities News that China’s chief auditor uncovered about $15 billion in falsified loans backed by gold is adding to problems for the commodities markets, analysts said. In a story first reported by Bloomberg Thursday, China’s chief auditor
2.47 PM Jun 27th
as India is concerned... I don`t see any immediate reason for panic," Finance Secretary Arvind Mayaram told reporters on the sidelines of an event on commodity markets. There won`t be any disruptions in oil supply as the country`s long-term oil contracts are stable, he said. Continued....
1.49 PM Jun 14th
Concerns about fraud in commodities markets spread to a second Chinese port of Penglai on Monday after authorities already began conducting a probe into allegations of fraud in the port of Qingdao last week. Copper is used as collateral by companies and investors in China, in an effort to work
5.55 PM Jun 11th