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ICBC gold bars
By Zhang Fengming |
February 17, 2011, Thursday
|
Print Edition
Print Edition
THE Industrial and Commercial Bank of China has teamed up with the World Gold Council to issue physical investment-grade gold bullions in China.
The glittering bars are launched to ride on Chinese growing demand for the precious metal to hedge against inflation. Gold prices rose 28 percent in 2010, standing out as a good investment option against weak securities and property markets.
The glittering bars are launched to ride on Chinese growing demand for the precious metal to hedge against inflation. Gold prices rose 28 percent in 2010, standing out as a good investment option against weak securities and property markets.
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