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Chinese investors pile into gold as economic worries surge

IMG Auteur

USA Gold

Published : October 29th, 2019

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Category : Coins dealers headline


	Forbes/Simon Constable/10-28-2019 “Chinese investors are piling into gold bullion in a big way as worries over China’s economy and political system surge.” USAGOLD note: As is the case elsewhere, most of the ETF demand is probably coming from financial institutions within the country. Retail investors still prefer a more physical form of the metal. China’s money managers are not alone in their concern about the domestic currency. That is why the gold charts in a good many currencies show significant verticality these days.

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