China needs to free up gold mkt - Gold Council

China needs to free up its gold market further to give locals an alternative form of investment, the World Gold Council has said. Recently CentralBankNet reported how the WGC had welcomed the successful launch of trading in physical gold on the new Shanghai Gold Exchange.

With high personal savings but low interest rates and the uncertain equity markets in China, Chinese investors will take to gold easily should the country dismantle decades-old barriers, Roland Wang, manager for the World Gold

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