China says committed to U.S. debt, wary on gold (Reuters via Yahoo! News)

China, the world’s biggest holder of foreign exchange reserves, renewed its commitment to the U.S. Treasury market on Tuesday but said it would be wary of substantially boosting its gold holdings.

Gold, Little Changed, May Decline a Second Day on Dollar, China (Bloomberg)

March 9 (Bloomberg) — Gold, trading little changed in Asia, may drop for a second day as the dollar halted its decline and China said bullion is not likely to be the country’s main reserve investment.

Gold ‘Unlikely’ to Be Main China Reserve Investment (Update1) (Bloomberg)

March 9 (Bloomberg) — Gold is “unlikely” to be China’s primary investment to diversify its reserve holdings because of price risks, Yi Gang , head of the State Administration of Foreign Exchange, said today.

China not too keen on gold, says forex chief (Market Watch)

China’s appetite for gold as a way to diversify its foreign-exchange reserves is limited because of the metal’s poor returns over the past 30 years, the nation’s foreign-exchange regulator is cited as saying.

Gold prices fall as dollar gains strength (AP via Yahoo! News)

Gold prices are falling as the dollar gains against other currencies.

Gold prices dip as dollar gains strength (AP via Yahoo! News)

Gold prices retreated Monday as the dollar gained against other currencies.

China calls U.S. Treasuries important, wary on gold (Reuters via Yahoo! News)

China, the world’s biggest holder of foreign exchange reserves, renewed its commitment to the U.S. Treasury market on Tuesday but said it would be wary of adding to its gold holdings.

Final Glance: Gold companies (AP via Yahoo! Finance)

NEW YORK (AP) — Shares of some top gold companies were down at the close of trading: Barrick Gold fell $.58 or 1.4 percent, to $39.68. Gold Fields fell $.02 or .2 percent, to $12.29. Goldcorp fell $.24 or .6 percent, to $40.13. Newmont Mining fell $.49 or 1.0 percent, to $51.06.

China Regulator Yi Says Gold May Not Provide Good Returns (Bloomberg)

March 9 (Bloomberg) — Gold may not provide a good return on investments based on the past 30 years, Yi Gang, head of the State Administration of Foreign Exchange, said at a briefing in Beijing today.

Platinum Declines From Six-Week High; Gold Little Changed (Bloomberg)

March 9 (Bloomberg) — Platinum dropped as some investors sold the metal to lock in gains after it climbed to a six-week high, and the dollar gained. Gold was little changed.

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