02.12.2010 - China gold imports jump almost fivefold on inflation
From Bloomberg: China’s gold imports jumped almost fivefold in the first 10 months from the entire amount shipped in last year as concern about higher inflation increased the appeal of the metal as a store of value, said the Shanghai Gold Exchange. Imports gained to 209 metric tons compared with 45 tons for all of 2009, Shen Xiangrong, chairman of the bourse, told a conference in Shanghai..............................................Full Article: Source
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