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Re: xero90 post# 16513

Thursday, 04/25/2013 1:43:33 PM

Thursday, April 25, 2013 1:43:33 PM

Post# of 17231
USGIF looking good here smile

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Gold glitters for many
Updated: 2013-04-24 15:21
By LI WOKE ( chinadaily.com.cn)

Beijing Caishikou Department Store, a leading gold store in the
city, said its daily sales reached 100 million yuan
($16.19 million) for the seventh straight day.

Small jewelry items, such as gold earrings, have been sold out, but
most buyers were interested in investment items, such as gold bars.
The store said sales of gold for investment doubled recently.

Caishikou attributed its brisker business to the falling price of
the metal.

Gold futures for April delivery fell 9.4 percent, the biggest one-
day drop in 30 years, to a two-year low at $1,360.6 per ounce on
the Comex division of the New York Mercantile Exchange.

Gold investment products were selling for 274 yuan per gram, and
gold jewelry 378 yuan per gram at the store on Wednesday.

More…
http://www.chinadaily.com.cn/bizchina/2013-04/24/content_16445059.htm





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