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POSTED ON May 9, 2017  - POSTED IN Key Gold Headlines

Chinese investors are buying gold bars at a torrid rate. China’s appetite  helped drive global demand for physical gold up 9% in the first quarter of 2017. Chinese investors gobbled up 105.9 tons of gold in Q1. That represents a 30% year-on-year increase, and was the fourth strongest quarter on record.

So, why the strong demand for physical gold in China? Mao Mao, a gold dealer in downtown Shanghai, told the Australian Financial Review she sees three major factors  pushing the Chinese gold rush – and they all relate to fear.

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