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US and China Favorites to Win Most Gold at Rio Olympics

Aug 02, 2016 04:59 AM EDT

United States and China will bag the most number of gold medals at the forthcoming Olympic Games in Rio de Janeiro, Brazil, according to a Goldman Sachs survey released on Monday.

Barclays' London precious metals vault can store 2,000 metric tons of gold, silver, platinum and palladium.

China's ICBC Deals With Barclays for $90 Billion London Gold Vault

Ellie Froilan |

May 16, 2016 10:28 PM EDT

China’s ICBC Standard Bank will acquire Barclays' London precious metals vault, increasing the Chinese bank role in the market’s infrastructure.

China's ICBC Deals With Barclays for $90 Billion London Gold Vault

Ellie Froilan |

May 16, 2016 10:28 PM EDT

China’s ICBC Standard Bank will acquire Barclays' London precious metals vault, increasing the Chinese bank role in the market’s infrastructure.

Chinese swindlers peddling fake gold coins across the Internet.

Fake Gold Coins Export from China Gone Rampant

Charissa Echavez |

May 06, 2016 02:09 PM EDT

With China's stock market for gold climbing up the ladder, illegal Chinese traders are reportedly selling large quantities of counterfeited gold coins on the Internet.

China launches new yuan-denominated gold benchmark on Tuesday, with aim to control pricing and establish stronger influence on the global market.

China Launches Yuan-Denominated Gold Benchmark

Charissa Echavez |

Apr 19, 2016 11:30 AM EDT

China, the world's top gold consumer, launched a yuan-denominated gold benchmark on Tuesday as it attempts to gain more control over its price and establish stronger influence on the international market.

Chinese Scientists Use Gold To Detect Melamine In Milk, Infant Formula

Staff Reporter |

Jul 30, 2015 05:08 AM EDT

Chinese scientists have created a means of detecting melamine in milk and in this procedure, gold particles are used. The melamine-detecting method is designed for use in milk and infant formula.

Man Who Found 17-Pound Gold Nugget In China Waits If He Could Keep It

Geann Pineda |

Feb 13, 2015 05:59 AM EST

A Chinese herdsman waits word from the government if he could get to keep the 17-pound gold nugget he stumbled upon in Altay range of northwest China.

Herder in China Trips on Fabulous Gold Find

Raymond Legaspi |

Feb 06, 2015 12:33 AM EST

When people say big things come in small packages, that is not necessarily true for a lowly herder in China's far west who had no idea that his fortunes would change overnight when he struck gold - quite literally.

Apple's Gold Smartwatch's Price Amounts to 10 New iPads

Kat De Guzman |

Nov 06, 2014 07:55 AM EST

The new smartwatches will be out by Spring 2015.

Artist's impression of the plasmoelectric effect

Newly Discovered 'Plasmoelectric Effect' Converts Light into Electricity

Marc Maligalig |

Oct 31, 2014 12:12 PM EDT

Researchers from the California Institute of Technology and the FOM Institute AMOLF have discovered a new method for the production of electrical potentials by using minute metal nanocircuits to effectively capture light and convert it into an electrical potential of 100 millivolts.