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CNBC: China Reforms to Impact Gold

LONDON, 8 November 2013 – A special report on China's new political and financial reforms from CNBC, one of the United States' top 200 websites by traffic, today quotes BullionVault head of research Adrian Ash.

Reviewing the changes made at the Beijing politburo's recent 3rd plenum, "Localized attempts to cool real estate prices certainly haven't hurt gold demand in the past," says Adrian.

But with gold one of only a few widely available investment products for households right now, "Broader deregulation may, over time, give [Chinese] savers more options," he adds.

Get the full story at CNBC here:

Gold Could Find a Floor with China's Economic ReformsGold Could Find a Floor with China's Economic Reforms

Source: 
CNBC