Gold ETF demand soars in China

Jan 17, 2017

After a strong showing in 2016, the gold price has been pegged back by dollar strength and a positive outlook for the US. Still, demand from China is growing, notably through ETFs.

Investors in Asia are poised to drive up the price of gold and related investments, most likely via exchange-traded funds, should the early period of the new US administration not go as planned, say market observers.

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