From ArabianMoney.net:The Chinese are likely to emerge as the largest buyers of gold and silver this year, and that could start in just over a week when they return from their long New Year holiday.
Traders note that physical gold in Shanghai is trading at a $20 premium to London prices, and that in the run up to the Chinese New Year gold imports more than doubled against a year ago. Chinese imports of gold over the past three months of 200 tonnes amount to the same as all the gold imported last year.......read on
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