Here Come China Gold ETFs?

The World Gold Council (“WGC”) and Industrial and Commercial Bank of China (“ICBC”) have signed a memorandum of understanding (MOU) for strategic cooperation within China’s gold market….Both parties will explore and jointly develop new gold investment products tailored to the Chinese market, and conduct surveys and studies on the domestic retail gold investment market, facilitating financial innovation and product diversity.

Continue reading World Gold Council and ICBC Enter Into Strategic Partnership to Promote China’s Gold Market