China to open gold trade to individuals

The Shanghai Gold Exchange, China's only gold exchange, may expand to allow individual investors to buy or sell gold later this year.

Source: China Daily

Shanghai Gold Exchange, China's only gold transaction market, is preparing to allow individuals to trade the metal by the end of the year, a report said today.

"Domestic individual investors will hopefully be able to buy or sell gold later this year," Shen Xiangrong, president of the exchange, was quoted as saying by 'China Daily'.

Shen said that

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