from Gold Core:
Gold prices rose today after the falls this week led to bargain hunting. Gold rose in price after CNBC reported that India’s Congress President Sonia Gandhi has sought a lowering of import duty on gold.
The People’s Bank of China website reports China’s gold reserves at the end of December 2013 were 33.89 million fine troy ounces, the same amount when they last reported gold reserves in April 2009.
China is probably the world’s third largest holder of gold after the U.S. and Germany.
Please follow SGT Report on Twitter & help share the message.