Chinese Investors Join Gold Rush for Haven After Brexit Turmoil
By GCRU Gold News on Wednesday, June 29 2016, 00:56 - Permalink
The Brexit vote adds to the metal’s appeal to Chinese investors searching for an alternative investment as economic growth is slowing and authorities try to cool speculative trading. Huaan aims to grow the gold ETF to 500 metric tons in three to five years from about 16 tons now, according to Xu.