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IAUF - Why Global Investors Want Access To China's Gold Market
iShares Gold Strategy ETF
By Debbie Carlson
China has grown to become one of the biggest gold-trading markets, just behind New York and London, and more international investors want access.
Much of the rise of China’s gold market comes from the development and growth of the Shanghai Gold Exchange, founded in 2002 by the People’s Bank of China, the nation’s central bank. In its almost 20 years of existence, the SGE has become the world’s largest physical gold exchange.
China’s Gold Exchange
China’s government and policy makers created the SGE to be the only official platform for gold