China, the world’s largest producer and consumer of gold, may be expanding its presence in the international gold market. According to a new story by the Wall Street Journal, low gold prices in recent years have driven a new wave of international gold asset acquisitions by Chinese companies.
Sprott Asset Management CEO Peter Grosskopf says China’s five or six gold companies are all better-positioned financially than their North American counterparts.
“I have ...
/www.benzinga.com/markets/emerging-markets/16/04/7824999/is-china-becoming-an-even-bigger-player-in-the-worlds-gold-ma alt=Is China Becoming An Even Bigger Player In The World's Gold Market?>Full story available on Benzinga.com
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