Tuesday, August 3, 2010

China seeks to widen gold market - Financial Times


http://www.ft.com/cms/s/0/49c6bbac-9f2a-11df-8732-00144feabdc0.html

China seeks to widen gold market

By Leslie Hook in Beijing
Published: August 3 2010 19:27 | Last updated: August 3 2010 19:27

"China has moved to liberalise its gold market further, increasing the number of banks allowed to trade bullion internationally and announcing measures that will encourage development of gold-linked investment products. The move by Beijing’s central bank comes as the country’s investors pour record amounts of money into gold, in a trend that is becoming a significant factor on global prices."

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