Gold premiums in China rose this week on safe-haven demand driven by rising tensions with the United States over Taiwan, while higher domestic prices cooled buying activity in India. Chinese dealers charged premiums of $4 to $11 an ounce over benchmark spot gold prices, compared with $4 to $8.5 last week. An unannounced stop in Taiwan by U.S. House of Representatives Speaker Nancy Pelosi earlier this week prompted China to hold live-fire drills around the island Beijing considers its own. "Tensions between the U.S. and China continued to escalate (and) the premium in SGE (Shanghai Gold Exchange) traded as high as ... (full story)