The rising number of products designed to give investors easier access to gold show there has been a rise in demand in the resource, according to JPMorgan.
Ian Henderson, manager of JPM’s Natural Resources fund, says exchange traded funds (ETFs) in particular are being launched into the market in a bid to take advantage of this. Henderson also says the Chinese government is considering relaxing laws allowing individuals to invest in gold, while other growing economies have been buying gold as a hedge against the US dollar. “Demand [for gold] is strong,” he says. “A total of 64% of global demand is coming from jewelry, with the majority of that from India. “In China, the government has been relaxing laws allowing individuals to invest in, a...
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