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Chinese commercial banks’ retail gold businesses in focus

China’s physical gold investment market has come a long way since its liberalisation in 2004. Primarily driven by the strong economy, retail physical gold investment demand in mainland China has surged by nearly 17 times in the past 16 years, accounting for nearly one third of the world’s total annual bar and coin demand in 2019.

Sectors: Market insights, Investment, Central banks/official inst.