ETFs in Gold, Silver to hit Chinese market

Commodityonline.com reports that China has set its eyes on on Exchange Traded Funds (ETFs) in Gold and Silver.

The market news is quoted as saying:

Though China wants to emerge on top of the world in buying and consuming gold and silver, the atmosphere in the country has not yet been conducive to launch ETFs in commodities, especially in precious metals like gold and silver.

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