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Sify Home >> Finance >> Gold >> China's gold frenzy triggers birth of small bourses

China's gold frenzy triggers birth of small bourses

china, gold, bullion, jewellery, top biz stories
Turning to gold

Twenty-four-year-old Xin Wenting stays up until one o'clock on most days, looking after her gold investment during the ebb and flow of global trade.

Many small investors in China have turned to gold as high inflation threatens to erode wealth in the world's second-largest economy, leading to small gold exchanges springing up all over the country.

The influx of retail investors promises to not only boost Chinese gold demand, but also increase its volatility.

Text: Reuters

Reuters Images




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