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China Market Welcomes Gold ETFs

From Insider Monkey - Free Hedge Fund and Insider Trading Data
November 26, 2012 - 10:16am
The ETF world is set for another historic jump as the Chinese are eyeing gold funds on their local exchanges. As its gold market continues to grow, China is set to surpass India’s gold consumption this year, opening the opportunity for gold ETFs that have dominated U.S. exchanges. The Shanghai Gold Exchange (SGE) also has plans [...]

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