,The Investors' Choice

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Chinese investors, looking for alteatives to a troubled property market and volatile equities, are tuing to gold Similar to Indians who have an ageold tradition of storing gold for family value, Chinese people have for a long time coveted gold jewelry as a symbol not only of wealth but of glory and supremacy. However, changes may be afoot after the countrys central bank deregulated the gold market, for the first time giving individuals access to the precious metal as an investment vehicle. And if the govements deregulation is any indication, millions of Chinese investors are now buying gold for profit, betting on future price hikes.
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