Aug 012013
 

China launched two gold-backed Exchange-Traded Funds in Shanghai on Monday, a vital role in the opening-up of the country’s gold market, said analysts.

Continued innovation in the range of gold investment products available across a range of countries including gold accumulation plans in China confirms the healthy appetite for gold among investors, said Yang Yijun, chief analyst with Wellxin.com, a precious metals consultancy.

In a picture taken on October 26, 2011 a

Two Gold-Backed ETFs Launched In Shanghai

  One Response to “China Launches Two Gold Backed ETFs”

  1. Official confirmation of scheme launch seen as signal to outside world that the Chinese stock market is back to normal March 24, 2016–Fund managers and brokers welcomed official confirmation that the Shenzhen and Hong Kong stock connect scheme would launch in the second half of this year, citing a desire by both retail and institutional investors to participate in the smaller of the two mainland bourses.

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