Gold black market flourishing in China

30 July 2009  Commodity Online

Commodity Online

With the soaring gold prices luring millions of small investors into the bullion market, a new illegal trade is also thriving in China.

With more and more people, lured by the rising yellow metal prices, wishing to make a profit from the bullion market, black market has become rampant in China now.
 
Hundreds of underground gold dealers are luring investors who are keen on punting in the yellow metal, but stumped by the high entry barriers set by the gold bourses.

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