In his article for Bloomberg Business Ranjeetha Pakiam takes a look at China’s recent accumulations in gold and how the country now compares in the world league table on gold holdings. He observes that there is a deliberate policy of increased transparency in China “as the country improves data quality, increases its presence in commodities trading and promotes the international role of the yuan”. China has overtaken Russia to become the country with the fifth-largest gold hoard China’s accumulation of physical gold is being tipped to continue by market experts Monthly reporting increases Chinese transparency after years of mystery DAILY PRICES Today’s Gold Prices: USD 1122.50, EUR 1000.08 and GBP 739.12 per ounce.Yesterday’s Gold Prices: USD 1124.60, EUR 1001.16 and GBP 741.36 per ounce.(LBMA AM) Gold in GBP - 1 month Gold closed at $1127.50 yesterday with a $4.40 loss on the day. Silver was up $0.05 at close to $14.64, a gain of 0.34%. Euro gold fell to about €1002, platinum remained at $914. IMPORTANT NEWS Gold ends lower for third straight session – MarketWatchPlatinum Extends Slide to Lowest Since 2008 Amid Demand Concerns – BloombergPlatinum poised for worst quarter in seven years on Volkswagen scandal – ReutersAsia shares rally, but on track for worst quarterly loss in four years – ReutersTraders Flee Emerging Markets at Fastest Pace Since 2008 – Bloomberg IMPORTANT ANALYSIS Banks should be afraid, disruption of financial services has only just begun – The TelegraphWorld set for emerging market mass default warns IMF – The TelegraphBritain’s buy-to-let boom is a growing risk to the economy, could spark a house price crash – MailOnlineObama Deifies American Hegemony — Paul Craig RobertsIt’s Time to Get Your Gold Out of the U.S. – Goldseek.com Read more News & Commentary on GoldCore.com Download 7 Key Allocated Storage Must Haves