Gold defies pessimists as Chinese buyers change minds
Volatility on Shanghai's sharemarket has driven up the price of gold this year to nearly $US1100 an ounce.
Nevil Gibson Wed, 13 Jan 2016
Predictions of a further fall in the gold price this year appear premature.
Volatility on China's sharemarket has driven up the price of gold by 4.3% this year to $US1098 an ounce, though an overnight a rise in the US dollar pared this back to $US1088 .
This follows a fall of nearly 11% in 2015
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).