PANews reported on February 12th that the World Gold Council released its "Monthly Review of the Chinese Gold Market." The report indicates that China's upstreamPANews reported on February 12th that the World Gold Council released its "Monthly Review of the Chinese Gold Market." The report indicates that China's upstream
World Gold Council: In January, gold ETFs in the Chinese market saw inflows of 44 billion yuan, a record high for the start of the year.
PANews reported on February 12th that the World Gold Council released its "Monthly Review of the Chinese Gold Market." The report indicates that China's upstream physical gold demand remained robust in January: Gold outflows from the Shanghai Gold Exchange (SGE) totaled 126 tons, a slight increase of 1 ton year-on-year and 11 tons month-on-month; strong gold bar sales and increased restocking by jewelry dealers before the Spring Festival jointly supported gold demand. In January, inflows into Chinese gold ETFs reached RMB 44 billion (approximately US$6.2 billion, or 38 tons), a record high for the start of the year, with both total assets under management (AUM) and total holdings setting new historical records. In 2026, the People's Bank of China continued to issue gold purchase announcements, increasing its gold reserves by 1.2 tons to 2,308 tons, accounting for 9.6% of its total foreign exchange reserves.
Market Opportunity
Ucan fix life in1day Price(1)
$0.0007892
$0.0007892$0.0007892
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
UAE’s Central Bank Approves the DSSC Stablecoin Launch by IHC, FAB, and Sirius
The post UAE’s Central Bank Approves the DSSC Stablecoin Launch by IHC, FAB, and Sirius appeared on BitcoinEthereumNews.com. CBUAE has approved the dirham-backed
Share
BitcoinEthereumNews2026/02/13 04:30
Unyielding Challenges Stall US Crypto Bill Progress
The post Unyielding Challenges Stall US Crypto Bill Progress appeared on BitcoinEthereumNews.com. The enduring quest to establish a regulatory framework for cryptocurrencies
Share
BitcoinEthereumNews2026/02/13 04:04
Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple!
Buterin unveils Ethereum’s strategy to tackle quantum security challenges ahead. Ethereum focuses on simplifying architecture while boosting security for users. Ethereum’s market stability grows as Buterin’s roadmap gains investor confidence. Ethereum founder Vitalik Buterin has unveiled his long-term vision for the blockchain, focusing on making Ethereum quantum-secure while maintaining its simplicity for users. Buterin presented his roadmap at the Japanese Developer Conference, and splits the future of Ethereum into three phases: short-term, mid-term, and long-term. Buterin’s most ambitious goal for Ethereum is to safeguard the blockchain against the threats posed by quantum computing. The danger of such future developments is that the future may call into question the cryptographic security of most blockchain systems, and Ethereum will be able to remain ahead thanks to more sophisticated mathematical techniques to ensure the safety and integrity of its protocols. Buterin is committed to ensuring that Ethereum evolves in a way that not only meets today’s security challenges but also prepares for the unknowns of tomorrow. Also Read: Ethereum Giant The Ether Machine Takes Major Step Toward Going Public! However, in spite of such high ambitions, Buterin insisted that Ethereum also needed to simplify its architecture. An important aspect of this vision is to remove unnecessary complexity and make Ethereum more accessible and maintainable without losing its strong security capabilities. Security and simplicity form the core of Buterin’s strategy, as they guarantee that the users of Ethereum experience both security and smooth processes. Focus on Speed and Efficiency in the Short-Term In the short term, Buterin aims to enhance Ethereum’s transaction efficiency, a crucial step toward improving scalability and reducing transaction costs. These advantages are attributed to the fact that, within the mid-term, Ethereum is planning to enhance the speed of transactions in layer-2 networks. According to Butterin, this is part of Ethereum’s expansion, particularly because there is still more need to use blockchain technology to date. The other important aspect of Ethereum’s development is the layer-2 solutions. Buterin supports an approach in which the layer-2 networks are dependent on layer-1 to perform some essential tasks like data security, proof, and censorship resistance. This will enable the layer-2 systems of Ethereum to be concerned with verifying and sequencing transactions, which will improve the overall speed and efficiency of the network. Ethereum’s Market Stability Reflects Confidence in Long-Term Strategy Ethereum’s market performance has remained solid, with the cryptocurrency holding steady above $4,000. Currently priced at $4,492.15, Ethereum has experienced a slight 0.93% increase over the last 24 hours, while its trading volume surged by 8.72%, reaching $34.14 billion. These figures point to growing investor confidence in Ethereum’s long-term vision. The crypto community remains optimistic about Ethereum’s future, with many predicting the price could rise to $5,500 by mid-October. Buterin’s clear, forward-thinking strategy continues to build trust in Ethereum as one of the most secure and scalable blockchain platforms in the market. Also Read: Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? The post Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple! appeared first on 36Crypto.
Share
Coinstats2025/09/18 01:22