Cut set to draw gold investors in ChinaLink on Kitco.
Cut set to draw gold investors
Zhang Fengming
2006-12-08
MORE investors are likely to make a beeline into the gold trading market when the threshold to trade individual real gold bullion on the Shanghai Gold Exchange is drastically cut by 90 percent next Monday, one of China's biggest banks said yesterday.
The Shanghai branch of Industrial and Commercial Bank of China will lower the threshold for gold bullion trading from 1,000 grams to 100 grams in the country's sole gold exchange from December 11 to attract more investors into the market.
https://www1.shanghaidaily.com/art/2006/12/07/299229/Cut_set_to_draw_gold_investors.htm
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