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HK launches RMB-denominated gold products

(People's Daily Online)

16:45, October 17, 2011

On Oct. 17, transaction representations show gold strips of 1 kilogram each, which are RMB denominated. (Xinhua/Lv Xiaowei)

The Chinese Gold and Silver Exchange Society officially launched RMB-denominated spot transaction gold products on Oct. 17. It became the first RMB-denominated spot trading market in the world.

Edited and Translated by Ma Xi, People's Daily Online

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Observer at 2011-10-18203.177.74.*
Gold, haha. Try to buy food or eat it in times of famine. Land is the only thing that has real value. Land has stood the test of time and always will. Gold is for fools.

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